Airlines Abandon Fuel Related Price Hike -

[WingNaPrayer]

Posted on Mon, Feb. 17, 2003

Airlines recind $20 fare increase
By Trebor Banstetter
Star-Telegram Staff Writer
FORT WORTH - Despite their heavy financial losses, the major airlines on Monday abandoned their latest attempt to raise fares after Northwest Airlines refused to play along.
http://www.dfw.com/mld/startelegram/busine...ess/5201094.htm

 

[Diversion]

I just popped over to the Northwest board and there's a current thread regarding more furloughs.

I'd be pretty upset if I were facing a layoff and my company was primarily responsible for hindering a return to higher yields and profitability.

 

[will fix for food]

[blockquote]
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On 2/18/2003 3:58:37 AM Diversion wrote:

I just popped over to the Northwest board and there's a current thread regarding more furloughs.

I'd be pretty upset if I were facing a layoff and my company was primarily responsible for hindering a return to higher yields and profitability.

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[/blockquote]

Not just layoffs, don/t forget they anounced they will be asking for concessions.

 

[Hopeful]

Maybe Northwest owns its own oil fields!
The worst part being a bankruptcy judge cannot force lower fuel prices! So labor is realy screwed!


Dow Jones Business News
Northwest Balks at Airlines' Plan to Raise Fares
Tuesday February 18, 3:10 am ET

http://biz.yahoo.com/djus/030218/0310000399_1.html

 

[AAmech]

I do belive if I worked at NWA I would be one of the most militant union members around! They have the nerve to be asking for give-backs while they are deliberatly lowering yields on flights. I'm sure management will find sympathetic ears at the NW unions. Yeah Right!!

 

[DFWCC]

Just maybe, NWA thinks they will hurt UA more than themselves. That they can outlast UA. Thus speeding UA's liquidation.

 

[iflyjetz]

[blockquote]
----------------
On 2/18/2003 8:43:10 PM DFWCC wrote:

Just maybe, NWA thinks they will hurt UA more than themselves. That they can outlast UA. Thus speeding UA's liquidation.
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[/blockquote]

Looking forward to UA's liquidation, are we? You're living in a glass house, my friend.

 

[Diversion]

[blockquote]
----------------
On 2/18/2003 8:43:10 PM DFWCC wrote:

Just maybe, NWA thinks they will hurt UA more than themselves. That they can outlast UA. Thus speeding UA's liquidation.
----------------
[/blockquote]

I'd pondered the same thing myself. I can honestly see no other reason for not going along with the fare increases.