PPRuNe Forums - View Single Post - Continental to Furlough 12,000 Employees
View Single Post
Old 15th Sep 2001, 20:20
  #4 (permalink)  
411A
 
Join Date: Mar 2000
Location: Arizona USA
Posts: 8,571
Likes: 0
Received 0 Likes on 0 Posts
Post

Continental and other US aircarriers cannot blame the cost of "enhanced security procedures" for the increased cost of doing business. Most of these same airlines have in the recent past bought or leased far more aircraft than the traffic dictated, only to find now that increased traffic simply is not there.
So, their reaction is to blame "someone else" when in actual fact the airline managements have way overestimated aircraft needs...big time. This is to say nothing of excessive pilot unions' salary demands. The other shoe has now dropped.

[ 15 September 2001: Message edited by: 411A ]
411A is offline