Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
Why TWA Makes A Loss  
User currently offlineWishihadalife From , joined Dec 1969, posts, RR:
Posted (13 years 9 months 1 week 19 hours ago) and read 946 times:

Yesterday I was flying TWA and spoke with a stewardess who was traveling as a passenger. She told me that TWA allowed her to travel as much as she wanted for FREE!

I own stock in TWA and I have been very upset to see this stock price falling all the time. No wonder the airline cannot make a profit if they keep giving away unlimited free tickets to everyone who works for them.

9 replies: All unread, jump to last
 
User currently offlineMatt D From United States of America, joined Nov 1999, 9502 posts, RR: 47
Reply 1, posted (13 years 9 months 1 week 18 hours ago) and read 924 times:

Here's a news flash for you:

ALL THE AIRLINES DO IT!!!!!!!!

It's called "Non-revving"

And most, if not all the airlines will carry employees of other airlines for free, if not then steeply discounted (90% off) the published fare.




User currently offlineRyanair From United Kingdom, joined Jul 1999, 654 posts, RR: 0
Reply 2, posted (13 years 9 months 1 week 18 hours ago) and read 911 times:

Like Matt D said, almost every airline in the sky does that. The travel is SA, or space available, standby to you and me.

User currently offlineTwa747100 From United States of America, joined May 1999, 600 posts, RR: 0
Reply 3, posted (13 years 9 months 1 week 7 hours ago) and read 868 times:

What kind of person frigging buys stock in an airline and dosent check everything out!!!!

User currently offlineIainhol From , joined Dec 1969, posts, RR:
Reply 4, posted (13 years 9 months 1 week 7 hours ago) and read 863 times:

The reason they are losing money is because they bought an senior employee out with many tickets who is know selling them. Once he has sold all his tickets TWA will be one of the biggest money makers, with a new fleet, and expanding service! It will probably take another year or so until this happens!
Iain


User currently offlineCactusa319 From United States of America, joined Jan 2000, 2918 posts, RR: 25
Reply 5, posted (13 years 9 months 1 week 7 hours ago) and read 863 times:

Flying for free (or at a big discount) is one of the perks of this industry. I mean, some frontline employees don't even do this for the pay, it's for the travel bennies. And employee non-revving is the not really one of the reasons TWA is losing sh*tloads of money.

User currently offlineLowfareair From , joined Dec 1969, posts, RR:
Reply 6, posted (13 years 9 months 1 week 3 hours ago) and read 855 times:

>>The reason they are losing money is because they bought an senior employee out with many tickets who is know selling them. Once he has sold all his tickets TWA will be one of the biggest money makers, with a new fleet, and expanding service! It will probably take another year or so until this happens! <<

Are you talking about Karabu? That is the closest thing that I can come up with. If you are, then it will go on for 3 more years. And he buys tickets at 45% off, he didn't get a bunch of free ones. He got this deal after he pretty much crushed TWA, but made the stock price go up while he was there. Then, when they were about to go bankrupt, he signed a deal giving them a loan, and he gets the deep discount(I am a little foggy on this detail.). As soon as he signed that deal, he sold his stock, and left.


User currently offlineAA737-800 From , joined Dec 1969, posts, RR:
Reply 7, posted (13 years 9 months 1 week 3 hours ago) and read 851 times:

Actually, Carl Icahn (sp?) buys tickets at 55% advertised.

AA737-800


User currently offlineEd Toner From , joined Dec 1969, posts, RR:
Reply 8, posted (13 years 9 months 1 week 2 hours ago) and read 850 times:

Carl Icahn is the fly in the ointment. He also get a good cut of every international ticket sokd, which is why TWA is dropping so many European destinations. It's a shame. That used to be our biggest market.

TWA has been plagued by inept management for years.


User currently offlineTWAneedsNOhelp From , joined Dec 1969, posts, RR:
Reply 9, posted (13 years 9 months 6 days 22 hours ago) and read 840 times:

AA737-800 45% off is the same as 55% advertised wouldn't you agree?

His name is spelled Ichan.


Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
Why It Makes Sense For Airlines To Keep The A380 posted Wed Sep 27 2006 05:06:27 by WingedMigrator
VS Makes Loss Of 92 Million posted Tue Aug 20 2002 02:25:33 by V1-Rotate
Bwia Makes Loss posted Fri Jul 26 2002 06:02:53 by BWIA 772
Why Twa? posted Tue Feb 29 2000 01:39:13 by USAir767
Why Didn't AA Keep The TWA 717s? posted Mon Jan 1 2007 00:14:17 by 1337Delta764
Why No Bin Extensions On Ex-TWA 757s? posted Thu Jul 20 2006 22:21:39 by 1337Delta764
Why Is TWA Terminal 5 At JFK Not In Service? posted Tue Aug 23 2005 19:29:54 by Boegas
Why R Most Of The TWA A/c Acquired By AA In Storage posted Sat Sep 4 2004 20:51:55 by Ourboeing
Why Did Twa Sell To Aa? And The Twa Story? posted Sat Feb 7 2004 22:57:23 by Bmi330
Why Was TWA 800 "Lifeguard" posted Thu Jan 22 2004 02:21:39 by Arch89U