FlyerTalk Forums - View Single Post - Trading of SAS shares has been halted [merged discussion on restructuring]
Old Nov 15, 2012, 3:01 am
  #145  
peocro
 
Join Date: Nov 2009
Location: CPH
Programs: EB, M&M, FB, Matmid, HH, Bonvoy
Posts: 73
Originally Posted by Cupart
What puzzles me is that no one pulled the emergency brakes decades before it came to this? I mean it's obvious what is going on around you so people in charge should re-think their position in the market OR at least the shareholders should question it...
this is like the story of the frog in the pot: if you put it in the boiling water, the frog will jump out, but if you warm the water slowly, the frog will boil to death. the only thing to discuss here is how many EB points the frog has...

but seriously, the list of flag carriers that went belly up in the past years is dramatic. And we cannot just blame the intrinsic quality of the product: remember Swissair: great product in all classes, total financial disaster...twice!
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