More potential partners...

 
Old Apr 11, 00, 10:35 am
  #1  
BSL
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Join Date: Jun 1999
Location: Houston, TX
Posts: 622
More potential partners...

Tarom and MAS: See http://biz.yahoo.com/rf/000406/hw.html (Tarom) http://biz.yahoo.com/rf/000410/9g.html (MAS)
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Old Apr 12, 00, 12:34 pm
  #2  
 
Join Date: Dec 1999
Location: Oxford, UK CO Gold, AS MVP, KL RW and AZ nothing, plus Airmiles collector !! With the AZ / KL split now who knows ?
Posts: 163
Taken from a post at www.planebysiness.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).]
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