Any news or gossip these days from AirTran Airways, JetBlue, Alaska Airlines, Southwest, ATA, Frontier and Midwest Airlines are anxiously welcomed and refreshing. Good on these airlines for they are the future majors of the USA! Grow and prosper, buy the legacy aircraft fleet cheap.
The mundane news that is coming out of the sado-masochistic legacy "G6" - UA
, and US has been nothing but wack, cut, beat, wip, loose and whimper. Shame on them. They throw millions of dollars at consultants/advisors, turn deaf ears, and blind eyes, read the writing on the wall, it is in blood. Good riddin's, you get what you deserve and this is the last USD 3 Billion dollar bail out, for this year...again. Chapter 7 for them all? Tired of the whine.
Now someone from a legacy airline who has learned:
As Joe Leonard (former EA
, current head of FL
) said on Wednesday 16APR, to the Wings Club, NYC, NY.
Joe Leonard: Recovery is here; it has happened (4/16/2003)
By Nadine Godwin
YORK -- Anyone waiting for things to get back to "normal" in the aviation industry "is in denial," said Joe Leonard, chairman and CEO of the profitable, low-cost AirTran Airways, because "the recovery is here; it has happened."
Addressing the Wings Club here April 16, he said airline CEOs typically complain the industry has 25% too much capacity.
So, "why hasn't it been reduced?" Leonard asked -- then answered his own question: "A lot of the legacy carriers are still playing the market-share game.... and they have destroyed their balance sheets in the process."