The bankruptcy court doesn't think TWA is viable as a stand-alone carrier and neither do I. It would need a massive infusion of capital, it'd need a completely new game plan, and it'd need massive concessions from labor, which it's not going to get. |
The big carriers are competing much more aggressively now price-wise -- allocating seats to win as much traffic from small carriers as they can. Then, of course, jet fuel prices did hurt everybody last year. |
The big guys decided they wanted to maintain market share in areas where they didn't have the cost structure to compete. It's adjusting slowly as the big guys decide they'll never make money there. |
The company now seems to have a viable plan to return to profitability even in a high fuel-cost environment. |
The cover-up is usually worse than the sin. The union leaders were embarrassed and understandably so. Don was a sacrificial lamb. He made a mistake and he's paying the price. It's unfortunate because American is losing a really seasoned executive. |
The fuel was a little higher than expected, but the revenue was a little higher as well, |
The government has to rethink its anti-trust policy on airline mergers. Otherwise, future liquidations are inevitable. |
The managements at Delta and Northwest are going to be very aggressive about cutting costs. It´s going to be tougher for other legacy carriers like American and Continental to compete against all these bankrupt carriers, |
The managements at Delta and Northwest are going to be very aggressive about cutting costs. It's going to be tougher for other legacy carriers like American and Continental to compete against all these bankrupt carriers, |
The managements at Delta and Northwest are going to be very aggressive about cutting costs. It's going to be tougher for other legacy carriers like American and Continental to compete against all these bankrupt carriers. |
The odds are still against an approval, ... Are the concessions all 'hard dollars' is the question that the ATSB and analysts are asking. |
The odds are still against an approval. Are the concessions all 'hard dollars' is the question that the ATSB and analysts are asking. |
The original US Airways/United proposal was almost dead on arrival, ... I don't think regulators would have ever approved that. But by allowing a powerful company like American to come into many Eastern markets ... I think that will make regulators feel a little better. |
The original US Airways/United proposal was almost dead on arrival. I don't think regulators would have ever approved that. But by allowing a powerful company like American to come into many Eastern markets ... I think that will make regulators feel a little better. |
The pilots have contributed a lot already. They feel that's enough. But it's a very competitive atmosphere out there. Delta needs the full amount they're asking for if they're going to be a long-term competitor. |