nycbusdriver
Veteran
Yes, but the company who embraces employees and makes money will make more money, and will be at less risk in a downturn. The company that pisses on employees will be at much greater risk and subject to less overall stability during volatile times.
US' profits are through manipulation and exploitation of employees and customers. At the end of the day, a company needs happy employees to have happy customers, and to be able to safely endure tough times. If oil spikes again, and/or there is another major downturn in the economy, US will be at much greater risk than WN.
You can only manage by spreadsheet for so long, then reality happens.
To those who have served our country , thank you for your service and may God bless......
My BEST to you all...
Here's the difference in a nutshell:
WN has engendered a boatload of good will with their employees for decades.
If there was some catastrophe that sent oil to $200/gal, it would devastate every airline. The WN employees would step up and make whatever sacrifice was needed to keep the corporation alive.
That wouldn't happen at USAirways. Enough of the employee groups there would simply say "full pay till the last day" and let it go at that. There is no storehouse of good will for US management to cash in on when times turn to crap.