The following comes from the press release regarding the PIT reduction.
"Unfortunately our ability to operate profitably from Pittsburgh has been sharply eroded".
To make a comment like this public is somewhat crazy because in my view management just admitted that they couldn't have done anything to mitigate the problem, it just happened. If the past and present is a predictor of the future, then the future doesn't seem headed for a positive outcome.
Certainly the market dynamics of the airline industry and specifically PIT have changed dramatically over the last 10 years, but it doesn't bode well when one the original hubs that built what is the US Airways of today is dismantled. There is a serious lack of competent strategic vision currently and if US Airways is left to fly "rudderless" surely the erosion will continue.
Thoughts?
"Unfortunately our ability to operate profitably from Pittsburgh has been sharply eroded".
To make a comment like this public is somewhat crazy because in my view management just admitted that they couldn't have done anything to mitigate the problem, it just happened. If the past and present is a predictor of the future, then the future doesn't seem headed for a positive outcome.
Certainly the market dynamics of the airline industry and specifically PIT have changed dramatically over the last 10 years, but it doesn't bode well when one the original hubs that built what is the US Airways of today is dismantled. There is a serious lack of competent strategic vision currently and if US Airways is left to fly "rudderless" surely the erosion will continue.
Thoughts?