The Bagfather
Senior
As to the consession question my opinion is that we just voted a huge
consession in. This might be debatable but not in my mind.
As to Dougs stoke purchase I will say point blank he did it to make
money. IMO it has to do with inside information and the image thast he did it to show confidence is just a colateral benifit to him. By some estimates the price of oil is due 60 to 80% to
speculation. The bubble will burst and the amatuer investers will
lose.
As to the long term for airlines the prognosis is grim even if the
oil price comes down to something more in line with supply and demand.
A growing number of experts (me of course included) think that
the government will have to step in. My source speculates the aid
will come in terms of fuel subsidies.
Freedom: Ive said before that PHX And LAS are special cases.
Three factors exist: 1. The very low pay prior to the TA. 2.
The fact that the old contract was amendable for three years
and therefore exacerbating the problem, and 3. The low cost of
living especially in PHX.
HP really had a class II station system only the class II stations
were the hubs. I don't know the exact figures but many stations
got geo pay as you know. I can see why you are opposed to the
class II station concept because the first logical consession to
be made would be in PHX and LAS. (sorry cheap shot but I
think there is a point here) Thanks BF
consession in. This might be debatable but not in my mind.
As to Dougs stoke purchase I will say point blank he did it to make
money. IMO it has to do with inside information and the image thast he did it to show confidence is just a colateral benifit to him. By some estimates the price of oil is due 60 to 80% to
speculation. The bubble will burst and the amatuer investers will
lose.
As to the long term for airlines the prognosis is grim even if the
oil price comes down to something more in line with supply and demand.
A growing number of experts (me of course included) think that
the government will have to step in. My source speculates the aid
will come in terms of fuel subsidies.
Freedom: Ive said before that PHX And LAS are special cases.
Three factors exist: 1. The very low pay prior to the TA. 2.
The fact that the old contract was amendable for three years
and therefore exacerbating the problem, and 3. The low cost of
living especially in PHX.
HP really had a class II station system only the class II stations
were the hubs. I don't know the exact figures but many stations
got geo pay as you know. I can see why you are opposed to the
class II station concept because the first logical consession to
be made would be in PHX and LAS. (sorry cheap shot but I
think there is a point here) Thanks BF