Originally Posted by
typical
They could be getting the employees (and pax!) bought into the future of the airline. "10% margin" is NOT the vision of a successful company. At best, it's an outcome of such.
I agree with pretty much the whole of your post, but in particular about this. Forgive me, I wasn't paying much attention at the time, but was the vision of the premium service airline expounded when the strike-prone components were assembled around the time of privatization? I've read later stories about "making the profit at the front of the plane", but was this post-justification or did anyone preach it at the time?