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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (19286)	7/11/1998 4:27:00 PM
From: Cube	Read Replies (3) \| Respond to of 79297

Doug & Thread, Regarding AAIR, I thought I would post some info that may not be known by all, in the interest of clearing some things up. AAIR is a combination of AirTran and ValuJet, yes the ValuJet that crashed in the Everglades during an emergency on takeoff out of Miami. In the interest of full disclosure, I fly for a competitor of AAIR and would naturally like to see all of our competition close their doors, but I really won't let that shade this post. The ValuJet crash was, in a word, unavoidable. No pilots anywhere would have been able to save the aircraft. Oxygen generators were illegally boarded in the forward cargo compartment of the DC-9 along with aircraft tires, by a subcontractor of ValuJet. Oxygen generators produce a great deal of heat when they are used,(they are what most aircraft use to provide passengers the oxygen needed during an emergency cabin depressurization at high altitude.) The forward cargo compartment of a DC-9 does not have a fire extinguishing capability, it relies on an airtight seal to starve any fire of its oxygen. In this case when the oxygen generators started to burn due to a failure, they ignited the tires and then produced oxygen to continue to feed the fire. The fire burned through the cabin floor and severed the flight control cables, rendering the aircraft uncontrollable and all lives were lost. This was no different than a terrorist putting a bomb on a plane, there was simply no action that could have saved the people on that ship. While the many reports of poor pilot skills by ValuJet crew members during the many non-fatal accidents prior to the Everglades crash looked ominous, they were in fact some great examples of airmanship, that were required to handle the extremely poor maintenance done by ValuJet subcontracted maintenance. The extremely cheap and short sighted management that allowed all these things to happen, also realized that their name and their record was poison, and agreed to be bought out by AirTran who has MUCH better management. The old ValuJet way of thinking is gone, and that is why I think that, as always, fundamentals should be given a back seat to the TA. As Doug posted, AAIR is a MIMBO with a terrific uptrend on strong volume. Hope this gives some clarity on the history of the company and its past. Cube