View Full Version : The airlines

09.26.01, 05:21 PM
Been thinking about the airlines all day and have gotten myself all worked up. smilies/mad.gif

Is it just me, or does it TRULY appear that they are reaaallllly taking advantage of a TRAGEDY here?

They were suckin wind with a bad economy anyways prior to the attack right? Travel down 40% or whatever. Ok.....that was their fault. They fucked up the whole way tickets are purchased in the first place. Remember when you went to buy a ticket in the short term and actually got a better deal? The businessmen got screwed by buying farther out....thats flip flopped now. They pissed people off and folks started tele-conferencing and video conferencing instead of paying STUPID air fares.....= loss of business.

Now, in the wake of tragedy, they lay off (between all of them) over 100,000 people...still not adjusting fairs to the way they should be. Where is the effort?! Fuck the employees, leave the fairs the same.

Congress just gave them 15 BILLION dollars in a bail out!! Shit, there arent even any restrictions on how they use it! You would think that could get them through short term payroll until they get their shit together with fares and draw people back up into the air for crying out loud!

The thing that gets me here, is that they have an opportunity to get the market back on its feet and really help out the nation, but they choose to hide behind a tragedy, hoard the money, not change strategy, and let the economy fizzle out. Think about what they could do if they dropped fares to historical lows for a second. Lessee, people who never had the opp to fly before could and would buy tickets to places they have always wanted to go. Business travel becomes more appealing. All these people going places, spending money on hotels, dining, entertainment, rental cars, etc. etc....wasted opportunity.

Then I hear today that some airline ceo says that he "was not going to give himself a raise this year" trying to keep the damage to a minimum with regards to retaining current employees. smilies/rolleyes.gif Fuck. He's making 5 mill b4 bonuses anyways! Who cares!

I needed to vent that. VHforums= therapy for seenbad. smilies/smile.gif

ARRRRRRRGGHH!! smilies/mad.gif

09.26.01, 05:39 PM
I was aware of your concerns on the 11th, which is exactly how long it took the airlines to begin lobbying in Congress. I had just had a long conversation with someone about a month ago concerning the lack of demand for air travel due to technology. For instance, internet conferencing, faxes, etc., have eliminated much business travel anyway, which is a mainstay of the industry. And along with airfare go hotel rooms, rental cars, greens fees, local alcohol sales, escort services, restaurants, etc. In other words, a LOT of businesses were all in the dumper before the crashes.

The deeply cynical may include the airlines when considering all the possible terrorist connections in the US. I would not argue against them at this point. After all, they have gone from having a faltering business to one having billions of $$'s free of interest from the gov't to support them, which they so thoughtfully use by laying off thousands of employees.

Let's face it-air travel for business is largely outdated by technology, and has been for some time. That means the market, by strict demand, has decreased. They were due for a downsizing anyway, only now they are getting reimbursed for lost profits to 'buoy the economy'. And let's not forget that they were lobbying Congress by 1 pm on the day of the crashes.

The only way to encourage more business is to lower costs of air travel to induce people to fly instead of drive for vacations, since the abilities of online networking have wiped out a decent portion of your business fares. Along with that, hotels need to lower their costs, as does everyone else down that particular line. They were all going to have to cut back anyway, since prices had been low even before the crashes.

So, I agree that they are taking things too far and milking the gov't for far more than their fair share. So, vent away-they are acting unethically.

Cabo Kid
09.26.01, 09:01 PM
The only evidence I've seen of the airlines REALLY wanting our business back is Southwest offering $34 tickets. If ANYONE would be getting my business, it's SW.

I've always liked their airlines, even if it is a bit on the "no frills" side. However, at the end of the day, I'm just grateful to whomever gets me from Point A to Point B in one piece. smilies/smile.gif

Go Southwest!! smilies/biggrin.gif

Stuff No More
09.27.01, 05:28 AM
A personal illustration:

In July 1999 I purchased a round trip ticket on Delta Airlines to take me from Cininnati to St. Louis. Said ticket cost me $159.

In March 2000 I purchased a round trip ticket on Delta Airlines to take me from Cincinnati to St. Louis. Said ticket cost me $175.

In September 2000 I purchased a roud trip ticket on Delta Airlines to take me from Cincinnati to St. Louis. Said ticket cost me $369.

Now, tell me, in the six month span from March 2000 to September 2000, did airfare prices really increase by 210.86%, or did airline greed increase by 210.86%?

09.27.01, 08:24 AM
Not to defend the way they price tickets, but as the old railroad barrons used to say 'whatever the market will bear'.

It's an industry with extrodinarily high fixed costs. They price tickets so that they make a profit under normal circumstances. While the industry may have been having a financial downturn prior to the attack, you have to admit that they did lose an amazing amount of money due to the aftereffects.

The fact of the matter is that if that industry goes belly up, so does our economy. They may have layed off 100,000 people, but that's preferential compared to laying off millions and having billions (perhaps trillions) of dollars of debt written off through bankrupcy proceedings.

The airlines will have to find a way to be profitable. Some of them won't, and we'll see carrying capacity shrink to accomodate the smaller passenger loads. I've thought for years that video-conferencing would eventually kill off a good percentage of business travel. Not all of it by any means, but who wants to fly if they don't have to? Particularly now for many people.

The government is doing the right thing in keeping that industry a going concern at the moment. It's the government that grounded them. If they didn't give them an aid package it would likely plunge our economy into a depression, which wouldn't be good for any of us.

09.27.01, 03:06 PM
same up here. air canada has just chopped like 20 000 jobs too.
and, it was funny because that same day, my folks got a letter from westjet, which is like a discount airline up here, written by the president and ceo, basically slamming air canada for what they were doing. i was impressed with the letter, he's right on the money. i suppose letters were sent to all customers of westjet encouraging them to continue business with them. i say good for him. smilies/smile.gif