Siegel''s CNBC Interview-6/9

[Analyst]

Pitbull,

The Department of Transportation defines major carriers as any airline that earns $1 billion in revenue.

 

[Analyst]

WN is considered a major airline.

National airlines generates between $100M-$1 billion in revenue: Airtran, Frontier, Midwest Express..etc...

Regional Airlines generate less than $100M in revenue: Atlantic Cosst, Skywest, ExpressJet..etc....

 

[PITbull]

Analyst,


I appreciate the new info. Thanx.

 

[REACC1]

With that in mind, we are well on our way to meeting Dave''s goal of becoming a regional airline.

Im not sure, but, didn''t PI have over 30000 employees when it merged with U?

 

[blueoceans]

Piedmont Airlines was approaching 25,000 employees before it merged into USAir back in the late 80''s.

 

[ITRADE]

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On 6/13/2003 509 PM PITbull wrote:

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On 6/13/2003 4:49:48 PM Analyst wrote:

Pitbull,

The Department of Transportation defines major carriers as any airline that earns $1 billion in revenue.

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So, is LUV considered a MAJOR?


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Yes, WN is a major.

 

[PITbull]

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On 6/16/2003 12:06:43 PM ITRADE wrote:

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On 6/13/2003 509 PM PITbull wrote:

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On 6/13/2003 4:49:48 PM Analyst wrote:

Pitbull,

The Department of Transportation defines major carriers as any airline that earns $1 billion in revenue.

----------------​

So, is LUV considered a MAJOR?


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Yes, WN is a major.

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ITRADE,

Analyst already answered this, but thanx for the "ditto".

 

[blueoceans]

ref: Piedmont Airlines was approaching 25,000 employees before it merged into USAir back in the late 80''s

I just read that, as of this month, US has approx. 28,000 employees system wide. Wow! How many were there back when PI and AL and PSA were all merged together?

 

[PITbull]

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On 6/19/2003 9:57:09 AM blueoceans wrote:

ref: Piedmont Airlines was approaching 25,000 employees before it merged into USAir back in the late 80's

I just read that, as of this month, US has approx. 28,000 employees system wide. Wow! How many were there back when PI and AL and PSA were all merged together?


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Before 9/11, we were an airline of 46,000 plus. We saved an airline, alright, only thing is, soon, it won't be recognizable.