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Old 02-16-2010, 05:58 PM
  #28951  
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Originally Posted by satchip
Does anyone really think that this US Government really cares about the industry? You saw it with GM/Chrysler, you saw it with banks, now you will see it with airlines. The government will take an equity interest in AA and it will be the winner. They will dictate the rules of the marketplace and erect barriers to their competition ala Toyota.

We had better be ready to become the Ford of the airlines. We will have to go it alone and win market share based on our independence from the Federal Gov. Lee M should send that pilots letter to the Wall Street Journal Editorial page. We should emphasize the DOT's role in tilting the playing field towards a chosen recipient. We should dig up campaign contributions from AA, JB, SWA, and others lining them to this ruling.

This is Chicago thugocracy pure and simple. How's that Hope and Change working out for you now?
What that directed at me?


I think that you will see both letters. His and the ALPA National one in more places than just your in box. The press is slowing catching on to these responses.

As for us and AMR? Well Chicago politics may play in to it, we will have to see how this all ends up.
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Old 02-16-2010, 06:11 PM
  #28952  
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No, not directed at you ACL. Just all those guys who thought the previous was so labor unfriendly and thought it couldn't get any worse.

As for you answer to Super, the next downturn will be in 2011. The massive tax increases slated for 2011 are causing increased activity in 2010. Unemployment will continue to rise and 2011 will see an even worse situation than last year

I'm with Bar, I see F bombs dropping after the summer season. So much depends on what happens in DC. Every penny the Feds spend is a penny that our customer's don't have anymore to spend on tickets. I'm not an economist or finance guy or stock picker like you and Bar. I'm an historian and I see parallels to another time that scare me.
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Old 02-16-2010, 06:11 PM
  #28953  
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Originally Posted by johnso29
It's questionable whether many of the over 60 guys will make to 63, especially the career long WB guys. I think he's refering to that.
Yes that is what I meant. I wasn't trying to say the floodgates are opening tomorrow but this fall we'll be a few years into the change and more and more guys will start to drop off the closer to 65 they get. I also expect a good chunk of guys to go out on long term sick for a while before they officially retire. We'll see
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Old 02-16-2010, 06:15 PM
  #28954  
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Originally Posted by slowplay
SkyTeam had talked about providing "asset backed financing" to JAL. If those assets included MD-90's, why would you go through with the transaction? JAL needs cash right now. There's not a lot of worldwide pent up demand for the Long Beach sewer pipes. Why would you give them cash if they're going to park the aircraft anyway? Even if they continue to operate the MD-90's JAL still loses. It's a small, inefficient fleet that they have to train to and maintain. I say starve them. There are other MD-90's out there and available.

I do hope Delta sees the JAL airplanes someday, but not at the expense of speeding JAL through restructuring. Let JAL park them now, eat the loss and hopefully DAL pick them up later. We'll have enough problems with a healthy JAL and "Open Skies" (sic) in the future.
Good point.

Heck, aren't we still working on the IFE STC? We shouldn't even bother making a move for a while. Why help finance JAL? I agree.

Or some smart entrprenuer (who wants to be a DAL pilot) ought to go out and find a bank to buy the 90s, create an airline, apply for slots in DCA and LGA and then get bought out and demand a ratio on seniority and let the bank lease the planes and slots.

Originally Posted by satchip
Does anyone really think that this US Government really cares about the industry? You saw it with GM/Chrysler, you saw it with banks, now you will see it with airlines. The government will take an equity interest in AA and it will be the winner. They will dictate the rules of the marketplace and erect barriers to their competition ala Toyota.

We had better be ready to become the Ford of the airlines. We will have to go it alone and win market share based on our independence from the Federal Gov. Lee M should send that pilots letter to the Wall Street Journal Editorial page. We should emphasize the DOT's role in tilting the playing field towards a chosen recipient. We should dig up campaign contributions from AA, JB, SWA, and others lining them to this ruling.

This is Chicago thugocracy pure and simple. How's that Hope and Change working out for you now?
Satch... satch is back... or still gone... hows your futball? You never answered my question before you ran off to the otherside of the Atlantic, how do you tell the difference between a cow from Tuscaloosa Co and one from Auburn Alabama?
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Old 02-16-2010, 06:23 PM
  #28955  
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Originally Posted by Superpilot92
Yes that is what I meant. I wasn't trying to say the floodgates are opening tomorrow but this fall we'll be a few years into the change and more and more guys will start to drop off the closer to 65 they get. I also expect a good chunk of guys to go out on long term sick for a while before they officially retire. We'll see
That will definitely happen.
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Old 02-16-2010, 06:26 PM
  #28956  
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Originally Posted by satchip
No, not directed at you ACL. Just all those guys who thought the previous was so labor unfriendly and thought it couldn't get any worse.

As for you answer to Super, the next downturn will be in 2011. The massive tax increases slated for 2011 are causing increased activity in 2010. Unemployment will continue to rise and 2011 will see an even worse situation than last year

I'm with Bar, I see F bombs dropping after the summer season. So much depends on what happens in DC. Every penny the Feds spend is a penny that our customer's don't have anymore to spend on tickets. I'm not an economist or finance guy or stock picker like you and Bar. I'm an historian and I see parallels to another time that scare me.

I do not claim to be any of those either.

We could argue the "pro-Labor" slant all year. TOS will not allow it. So I just send money to those ppl I want in DC.

I am looking at charting to see when the downturn will be. I fear that we are in the high dip portion of a double dip. (Read worst is still in front of us). I do have hope though. Not in our government but in the people of this country. We have righted ourselves before and may again. It may end up being a slow slow slow recovery. It does not stop me from buying in companies that have product in the ground. I am staying away from service companies.

I do hope that they belay the tax hikes of 2011. (Even if it is for political reasons) That alone would allow the economy a little relief that it needs to recover.

I am not sure I see F-Bombs this fall. Not saying that it could not happen, I just think that the company is looking the other way. (read something big will need to happen for that to happen)
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Old 02-16-2010, 06:29 PM
  #28957  
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Originally Posted by satchip

As for you answer to Super, the next downturn will be in 2011. The massive tax increases slated for 2011 are causing increased activity in 2010. Unemployment will continue to rise and 2011 will see an even worse situation than last year

I'm with Bar, I see F bombs dropping after the summer season. So much depends on what happens in DC. Every penny the Feds spend is a penny that our customer's don't have anymore to spend on tickets. I'm not an economist or finance guy or stock picker like you and Bar. I'm an historian and I see parallels to another time that scare me.
imho, you're right, I think the economy will continue to have significant issues magnified by coming tax increases (at a minimum the loss of current tax breaks). I think just as in the fall of 2008 companies and small businesses will respond with less spending and in turn more unemployment in preparation.

However, the worse the economy gets then greater the chances are that you will see a new house and possibly senate. Such a change over, again imo, will cause an economic uptick. I think not to unlike post 1994. There is nothing more the markets wants to see than a split power. I think the So if your DAL and need 2 years (or say even 1 year) to get an ROI on furlough then you may see DAL will again have to see what happens.
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Old 02-16-2010, 06:29 PM
  #28958  
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Originally Posted by forgot to bid
Good point.

Heck, aren't we still working on the IFE STC? We shouldn't even bother making a move for a while. Why help finance JAL? I agree.

Or some smart entrepreneur (who wants to be a DAL pilot) ought to go out and find a bank to buy the 90s, create an airline, apply for slots in DCA and LGA and then get bought out and demand a ratio on seniority and let the bank lease the planes and slots.



Satch... satch is back... or still gone... hows your futball? You never answered my question before you ran off to the other side of the Atlantic, how do you tell the difference between a cow from Tuscaloosa Co and one from Auburn Alabama?
I know of a good bank, but I would not invest in airlines!
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Old 02-16-2010, 06:32 PM
  #28959  
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Originally Posted by satchip
No, not directed at you ACL. Just all those guys who thought the previous was so labor unfriendly and thought it couldn't get any worse.

As for you answer to Super, the next downturn will be in 2011. The massive tax increases slated for 2011 are causing increased activity in 2010. Unemployment will continue to rise and 2011 will see an even worse situation than last year

I'm with Bar, I see F bombs dropping after the summer season. So much depends on what happens in DC. Every penny the Feds spend is a penny that our customer's don't have anymore to spend on tickets. I'm not an economist or finance guy or stock picker like you and Bar. I'm an historian and I see parallels to another time that scare me
.

Don't really see how you come to this conclusion. We will have more flying with less bodies then last year, & no furloughs then.

I honestly think your 'predictions' have less to do with history & more with your dislike for the current administration. History writes itself, & is far from predictable. Please toss your fear grenades elsewhere.
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Old 02-16-2010, 06:32 PM
  #28960  
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Originally Posted by forgot to bid
imho, you're right, I think the economy will continue to have significant issues magnified by coming tax increases (at a minimum the loss of current tax breaks). I think just as in the fall of 2008 companies and small businesses will respond with less spending and in turn more unemployment in preparation.

However, the worse the economy gets then greater the chances are that you will see a new house and possibly senate. Such a change over, again imo, will cause an economic uptick.
I think not to unlike post 1994. There is nothing more the markets wants to see than a split power. I think the So if your DAL and need 2 years (or say even 1 year) to get an ROI on furlough then you may see DAL will again have to see what happens.
One can hope.

Those tax breaks expiring are the reason I am sitting on two business plan. Renew them and I would consider taking the leap of faith, but man, I am not going to bust my hump to pay all my profits in tax.


This falls mid terms will be a good indicator as to where the economy will go, imho.

Problem is the world is broke.
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