Any "Latest & Greatest" about Delta?
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I disagree. I hope he knows dalpa is looking for significant $$$ gains from a generally bankruptcy equivalent contract.
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I know what I learned, SWA DOT lobbying runs circles around anything we do, I think the slot swap finally being approved was greatly aided by the UCAL merger coming together and SWA getting slots from it as well as SWA merging with FL.
As a political junkie I disagree on how much the airline industry plays in Presidential politics. I think it will be next to nothing. The Keystone pipeline...the CHS Boeing plant...
AMR goes bankrupt? Hubs and assets split up? It won't register on the national or any state care-o-meter for three reasons...
Second, unemployment is probably close to 11%, lots of people have lost jobs. No love lost towards "overpaid" and, according to Pan Am, oversexed airline employees.
Third, a vast majority of AMR's passengers probably don't even know they're riding on a bankrupt airline and most know bankruptcy doesn't mean insolvency and liquidation.
So what happens next is about as interesting to them as CSPAN and won't garner much attention.
As far as the politics of "saving jobs" I agree no one in DC cares about any one airline. Pelosi and The Governator's baby is VX even though they directly replace higher paying jobs in the same districts. There are numerous other examples. An (IMO unlikely) AA liquidation or mass fragmentation will result in another start up ponzi scheme land grab that will result in the same amount of jobs in the end which is all the polititians care about. Weather (whether?) those jobs pay a lot less with far fewer benefits with everyone at year one longevity with new planes that don't need MX at sweetheart subsidized financing deals doesn't matter to DC. They will be the first to point to the giddy "pay for seniority" crowds that form lines out the door, around the block and up the expressway to apply for the same job at half the compensation just to purschase super premium seniority.
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I think the bag fee disparity favors DL far, far, far more than SW in ATL and elsewhere. Bring it.
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Even a quick 2 year extension should be able to tighten up the AS code share abuse, give us more say on all future JV's, cut out a few dozen large outsourced RJ's and index 50 seaters to their perpetually falling numbers (that one is zero cost to the company. Zero cost.)
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LOL, the closest influence any politician will have over AMR's fate is MR.
No question jobs will be important, but GM and Chrysler almost didn't get the government's financial backing for bankruptcy and both of those companies had many more employees and associated suppliers and a more favorable voter sentiment associated with them than the airlines ever had.
AMR is already in CH11, that's a big difference. Its a Texas company. The bases mentioned employ, at best, a couple thousand people in each of those swing states. I'd be surprised if each of those states didn't lay off many more state workers in the past few years, than there are employees in each of those states' AMR hubs. At best few thousand jobs/state.
I'm not belittling the potential for job loss and the terrible impact that might have on the lives of those affected. I'm just pointing out that in context of the greater economy those potentially affected will be little more than collateral damage to the political process.
In the end money talks and the interests of the PBGC will be most represented when it comes to the political aspect of the AMR bankruptcy process due to the massively underfunded pension obligations.
Out of all the airlines, LUV is the only one with the perceived public "goodwill" and the lobbying wallet to shape the political aspect of AMRs future. (JetBlue being a distant second)
Cheers
George
No question jobs will be important, but GM and Chrysler almost didn't get the government's financial backing for bankruptcy and both of those companies had many more employees and associated suppliers and a more favorable voter sentiment associated with them than the airlines ever had.
AMR is already in CH11, that's a big difference. Its a Texas company. The bases mentioned employ, at best, a couple thousand people in each of those swing states. I'd be surprised if each of those states didn't lay off many more state workers in the past few years, than there are employees in each of those states' AMR hubs. At best few thousand jobs/state.
I'm not belittling the potential for job loss and the terrible impact that might have on the lives of those affected. I'm just pointing out that in context of the greater economy those potentially affected will be little more than collateral damage to the political process.
In the end money talks and the interests of the PBGC will be most represented when it comes to the political aspect of the AMR bankruptcy process due to the massively underfunded pension obligations.
Out of all the airlines, LUV is the only one with the perceived public "goodwill" and the lobbying wallet to shape the political aspect of AMRs future. (JetBlue being a distant second)
Cheers
George
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Here is a quick comedy break for the morning. This was on family feud.
Name something a pilot holds while on a long flight. Trust me, its worth a click......
Family Feud 2011-"Pilots & Schlong" - YouTube
Name something a pilot holds while on a long flight. Trust me, its worth a click......
Family Feud 2011-"Pilots & Schlong" - YouTube
Man Guesses 'Donkey Punch' on 'Jeopardy!' - YouTube
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But they do charge those fees. They pre-include 2 bag fees in every ticket, severely punishing those who carry on or only check one bag, including hot chicks that volunteer at animal shelters and plant trees on the weekends, cancer patients, war veterans and the elderly on Social Security.
I think the bag fee disparity favors DL far, far, far more than SW in ATL and elsewhere. Bring it.
I think the bag fee disparity favors DL far, far, far more than SW in ATL and elsewhere. Bring it.
Bring it on..
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Great. Put it in writing then.
Even a quick 2 year extension should be able to tighten up the AS code share abuse, give us more say on all future JV's, cut out a few dozen large outsourced RJ's and index 50 seaters to their perpetually falling numbers (that one is zero cost to the company. Zero cost.)
Even a quick 2 year extension should be able to tighten up the AS code share abuse, give us more say on all future JV's, cut out a few dozen large outsourced RJ's and index 50 seaters to their perpetually falling numbers (that one is zero cost to the company. Zero cost.)
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