BSL
Apr 11, 00, 10:35 am
Tarom and MAS: See http://biz.yahoo.com/rf/000406/hw.html (Tarom) http://biz.yahoo.com/rf/000410/9g.html (MAS)
Wings Alliance - More potential partners...
View Full Version : More potential partners...
Chris L
Apr 12, 00, 12:34 pm
Taken from a post at www.planebysiness.com (http://www.planebusiness.com) ...
"I had always assumed that the Karabu agreement was causing significant damage to TWA's bottom line. I spoke to someone who would be in a position to know the details a couple of weeks ago, and the information I was given was that Karabu was causing a loss of about $11 million per quarter. If that number is correct, eliminating Karabu is not going to restore TWA to profitability.
Regarding a merger or codeshare, I'm convinced that this is the only way that TWA can survive. The management needs to act quickly to ink a codesharing agreement this year. While stranger things have happened, I suspect that AWA and the Wings alliance are the only candidates for this merger.
Let's just say that as a TWA pilot, I'm concerned enough about the situation and the lack of action by the IAM to consider leaving to take a position with a commuter airline."
Comments anyone ?
[This message has been edited by Chris L (edited 04-12-2000).]
"I had always assumed that the Karabu agreement was causing significant damage to TWA's bottom line. I spoke to someone who would be in a position to know the details a couple of weeks ago, and the information I was given was that Karabu was causing a loss of about $11 million per quarter. If that number is correct, eliminating Karabu is not going to restore TWA to profitability.
Regarding a merger or codeshare, I'm convinced that this is the only way that TWA can survive. The management needs to act quickly to ink a codesharing agreement this year. While stranger things have happened, I suspect that AWA and the Wings alliance are the only candidates for this merger.
Let's just say that as a TWA pilot, I'm concerned enough about the situation and the lack of action by the IAM to consider leaving to take a position with a commuter airline."
Comments anyone ?
[This message has been edited by Chris L (edited 04-12-2000).]