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Old Jan 31, 2008 | 10:35 am
  #15  
nsx
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Originally Posted by ciaobel
GONE are the days where you get superior service for below the cost. Unfortunately, those "deals" were built on the subsidy of investors and un-jaded employees.
And, in WN's case, extensive fuel price hedges. Yes, we are all going to have to get used to substantially higher prices at the ticket counter just as we have at the gas pump.

You hint at another factor: decreased growth rate goes hand in hand with stagnant stock price, and that means higher cost to attract and retain employees. Also lower employee morale. The fuel cost increase has started an avalanche of problems.
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