Cranky Talk: The Airline Industry Approaches a Cliff
October 1 is coming fast. Furloughs have been announced, route cuts are being put in place, and things could be changing dramtically unless the government steps in. Come join us as we talk about what’s at stake.
Download it here or listen below.
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One must not question the Great Leader! His plans and methods for Air Koryo are infallible.
Good one Kilroy, a bit of levity is always a necessity & that’s especially true now.
Wasn’t sure how that one would go over or if it was totally appropriate, but I’m glad someone appreciated it.
Not exactly a rah-rah piece for Labor Day but sometimes truth is more important than timing.
The real dividing line between airlines at this point is who can get their costs down as closely to the new level of revenues and those that cannot/do not.
A number of airlines are paying a high premium to get employees off of the active employee list but eliminating a very small part of the salary and benefits costs associated w/ those employees -and that won’t do much to stem the flow of red ink.