General Lee
Well-known member
- Joined
- Aug 24, 2002
- Posts
- 20,442
I should have clarified...it's not a Delta thing it is an industry thing. Screw the employees, screw the lessors, screw the business partners. Then they throw party slap on some new paint and talk about their success story. It's bullsh1t and we all know it.
The process is rotten to the core and allows these companies to compete based on ineffective and unprofitable business models.
It bugs me when I hear a supposedly intelligent professional like the General bragging about the "competitive" nature of a new lease rate. The way it got competitive was absurd and should be viewed as such. Employees got hammered as bad as the leasing companies. Let's keep that in mind.
If an individual tried it you would label him a freeloading bum. In the airlines it is a business plan. Bankruptcy should not be an accepted business practice. It hurts everyone.
Maybe you should move to Russia and fly for Aeroflot. In AMERICA, we allow people and companies to have a second, maybe even a third chance. In the country of Algeria, maybe that isn't the case and you are shot or stoned in a public square. Maybe you should move over there. The big difference is that our BK laws are flexible, and an actual judge presides over the BK. If he/she doesn't see the viability, then he/she will shut it down. A judge is in charge, and that is the way it goes. With respect to the MD88s, it is called supply and demand. We are really the only major operator in the US that uses MD88s (Allegiant will get 4 shortly, and Midwest has a few also). The lessors have a choice, they can deal with us, or go for the others. We actually returned some of our MD88s when the lessors would not bargain, and a few months later they returned to us and made the deal. That is how it works. Do you think an MD88 is worth $280,000 a month? Who made that deal? Why weren't you crying like you are now when that fat cat made that outrageous deal with Delta ten years ago? I guess we could afford it back then, so it really is alright to charge those rates then, but when the economy and 9-11 cause everything to go down the toilet it is NOT alright to look for a rate cut? Please respond to this, and ask your professor too.
Bye Bye--General Lee