Airlines have already cut the services they can cut, now cuts will have to come from somewhere else. The food is already nonexistent. |
Airlines live on cash, and the minute you stop flying the bills keep coming in but the money doesn't, |
and the town is not. |
As an operating airline, Independence is as good as dead. |
At this point, the real issues are: Number one, making sure it comes out on time, and number two, there can't be any glitches in production. |
Bottom line? Unless you're a bankruptcy attorney, this isn't going to mean a thing to you. |
But either way, it's going to be ugly. |
but there ain't a lot of folks who'll drop what they're doing to take advantage of a cheap fare in such a market. |
Delta's problem is not labor, it's debt. They have achieved labor cuts, and can achieve more because they have only two unions. But until they can restructure their debt, they are in big trouble. |
Delta's problem is not labour, it's debt. Until they can restructure their debt, they are in big trouble. |
During the 1990s they were getting used to a cushy environment where they could charge [business travelers] what they wanted. They assumed that, 'We're a premium airline, [so] you'll pay a premium price.' They should have known better. |
Except for the financial barnacle stuck to their side, they're doing great, ... They had an actual profit. |
Except for the financial barnacle stuck to their side, they're doing great. They had an actual profit. |
For Cincinnati, it would be like Dayton. Dayton was a hub at one time; it won't be a hub again. |
Frontier Airlines is already losing money. JetBlue and AirTran are on the edge, and Southwest, had it not hedged fuel, would be losing money. Anything with a wing has problems with today's fuel prices. But if oil had stayed where it was a year ago, like we thought it would, we'd be talking today about how profitable the airlines are today. |