I agree with you 767jetz. A garage sale is a garage sale. You get ride of that which is old and unwanted. I just did this kind of transaction when I moved from an apartment into a house. I decided that since I was moving up in the world, and needed some cash to buy my new things, I would sell the old to make room for the new. This gave me the capital to put in beautiful olive wood floors, designer lighting from Italy, and not to leave out a brand new kitchen. This was achieved through the sales of the old and unwanted.
767jetz writes;
I know USAir supporters, and the rest of the industry for that matter, would love to see UA shrivel up and die for their own preservation. Unfortunately for them, we will continue to disappoint. In the end it will be our competition that is scrambling to compete with the restructured United Airlines.
Just had a talk with someone I know in management. They did mention that due to our restructuring that the other carriers (besides the SWest’s) would be scrambling to stay out of BK. That the other majors without going into BK, would not be able to attain the cost structure and savings that UA has achieved. Sure they could renegotiate labor contracts, but they would not be able to negotiate lease agreements, vendor contracts, and airport rents. Without these added savings, the other carriers will be left behind. So far to this date, UA has shaved off of the top a whopping 5b$ a year of its cost structure. Did UA ever loose 5b$ in a year, and if so, have they lost that in the last year?
My personal comments;
If anyone wants to put this whole thing into perspective, relate what UA is going through to what each and every individual in the world is going through. What you the reader of this paragraph might be going through.
1) Think about the way we do our taxes at the end of the year. Isn't it everyone’s goal to get the best return? If you say no to this one, then you are lying.
2) We sell what use to be precious nik naks at garage sales, in the newspapers, or via Ebay. Out with the old, and in with the new.
3) The water bottle company we switch from, because we found a better deal or that it is simply cheaper to buy it in the store.
4) The phone company that offers a flat rate for internet access, verses one that charges you by the hour.
5) We refinance our apartments, condos, and homes in order to attain better mortgage rates.
6) We work our way out of expensive lease agreements, in order to drive around in new cars that have better finance rates.
7) We Transfer our credit card balances from high interest rates, to Credit Card Company’s that offer lower ones. My personal favorite is the ones that offer 6 months with no interest.
NOW TAKE THIS TO A GRAND SCALE, and there you have it.
If UA was not doing anything at all, then I would question the leadership of this company and I too would be painting a more doom and gloom picture of UA. The fact that the opposite is true, I therefore would have to disagree with all the nigh Sayers out there. Take it from a guy that used to be homeless. Survival is of the fittest.
