More problems for airlines and employees

[Necrophilias]

Hopes of financial recovery for the U.S. Airline industry are on hold. The rise in fuel costs are bound to keep airlines in cost cutting mode. This has become so ridiculous that I'm shopping for a good electric car. I hope to use the electric car for metro use.

Those of you who are airline employees have learned that ultimately airline employees are asked or forced to accept wage concessions and benefit cuts when airline executives see fuel costs rise. Meanwhile airline executive compensation for poor job performance will continue.

Enough of this. Look for a new career and be done with it.

 

[RGM7]

good read...

http://biz.yahoo.com/rb/070914/airlines_fuel.html?.v=4

 

[Necrophilias]

good read...

http://biz.yahoo.com/rb/070914/airlines_fuel.html?.v=4

I'm thinking that the Yahoo article was pretty accurate. USA Today published a simular article this week.

Sometimes I wonder how we ever ended up in situations where the oil and insurance companies are seldom held in check. All of this seems a little bit like financial anarchy.