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To: Original Mad Dog who wrote (19510)8/19/2002 6:11:24 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 21057
 
>>They have two fundamental problems: A labor cost structure unsuited to the recessionary post 9-11 world, and debt for planes they no longer need. Chapter 11 can solve both problems quite nicely.<<

you forgot...

they're only as smart as their dumbest competitor.



To: Original Mad Dog who wrote (19510)8/19/2002 6:13:43 PM
From: jlallen  Respond to of 21057
 
No union is likely to accept a labor cost structure and contract terms which would allow the airline to remain competitive against a Southwest or JetBlue type competitor. I don't even bother to check other carriers anymore....


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