Overspeed
Veteran
- Jun 27, 2011
- 3,245
- 1,065
Bob you are wrong and this fantasy history lesson is meaningless.Not true, the airlines were subsidized by the government through the USPS.
Of course they do, like in most businesses, thanks to the fact that they can claim losses on "intangibles", things such as "Goodwill" , AA wrote off nearly $1 billion of that prior to our 2003 concessions.
If you say so. Still supports what I said as far as the 747 lowering the cost to fly than Deregulation. The fact is that since the early days under the CAB airfares declined.
Prior to WWII airlines were mostly a novelty. Airlines barely made a profit prior to the DC3 mail or no mail.
The point is you don't just count the highs in business cycle and say we made money, yes one year but I thought the plan was to have stable employment. If you want to keep losing your job and starting over fine, I'm not going with you. Goodbye.
Whatever Bob, the aircraft didn't do it except on select premium markets. How many 747s were flying domestic? After deregulation transcon was dominated by DC10s and L1011s remember or were you sleeping in first class on the DC10 getting filmed for Hard Copy while the rest of us were fixing hydraulic leaks, troubleshooting #2 manifold fail loops, or repairing broken cargo loading chains.
A US Supreme Court Justice and co-author of the law disagrees with you. I'm sure an A&P Local Union President knows more.