resistance
Well-known member
- Joined
- Feb 17, 2003
- Posts
- 56
I am going to put full support to F9 driver...
The "old" carriers are (and have been) facing a difficult time keeping up the the leaner carrier. U, NW, AA UAL have way WAY too much overhead and debt obligations that their current business plan can not cover. It worked well when the stock market was paying off double digit returns yearly but times are certainly tougher. I still see the old business droping off the radar scopes due to their pension/work rule compansation issues.
For those who think this message is a "chicken little: the sky is falling" line just look back at some of the great carriers... Pan American, Eastern Airlines, Trans World Airlines, Braniff International, and the list goes on.
The "old" carriers are (and have been) facing a difficult time keeping up the the leaner carrier. U, NW, AA UAL have way WAY too much overhead and debt obligations that their current business plan can not cover. It worked well when the stock market was paying off double digit returns yearly but times are certainly tougher. I still see the old business droping off the radar scopes due to their pension/work rule compansation issues.
For those who think this message is a "chicken little: the sky is falling" line just look back at some of the great carriers... Pan American, Eastern Airlines, Trans World Airlines, Braniff International, and the list goes on.