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Old 08-26-2005, 10:09 AM   #19
Ken
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Join Date: Jul 2003
Location: Now in PHX, Good Bye MKE
Posts: 323
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Quote:
Originally Posted by Craig H. Hansen
The only reason I said sacrilegious is that for the people who became unemployed by US Air at the time of merger. Same can be said of AMR! Forgot a few in your American list. Trans Caribbean, and American Export Airlines. Would go the same in any merger. Western, Northeastern with Delta. And all of the ones Frank Lorenso took with Continental's merger and removing employees. I think differently of Retro birds for anniversary purposes. Yet these would be better then the schemes flying today anyway. Would be nice in a Multi Gemini pack. Also wondering where is the Mohawk out of all four of those retro ones! They forgot one.
Times change and things evolve. Remember businesses are owned by the shareholder, not the worker (in most cases). The whole object is to gain as much value as possible for the share holders. In the 1980's this meant mergers and subsequently layoffs. Most of the airlines which were merged were in financial trouble in some form or another.

The classic example of this was Eastern. Eastern was in serious financial do-do. The time was ripe for Frank Lorenzo to buy the airline. Part of Eastern’s problem was the strength of the unions ie: cost factors and work regulations. The unions were unable to grasp the changing realities of the period; Deregulation was gone and it was sink or swim. Lorenzo was an ***, but the final strike that brought Eastern down did nothing to Lorenzo. In the end it just meant all workers lost their jobs.

Ken
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