US stock price keeps dropping

that kind of scare taciti might work with our west field stations , but your class two stations know better... nice try thou ....


With all due respect, you are why the company/IAM is going to go thru fleet service like a hot knife thru butter.

Look at page 122 of the 1999 FSA. See all the class II stations? How many are mainline today?

Read pages 4-8 -scope clause. Note how the language tracks the current t/a? How much of this language remains in effect?

IAM apologists blame 9/11 and BK. Read for yourself - the sellout language was there in 1999!
 
LCC closed trading today at $25.59, down $3.13 on the day which is almost 11%. This close is below the 52 week low.

Anyone know of a reason for the big drop today? (Granted, the whole market is going down, so that could be enough of a reason.)
Stock prices continue to plummet.....media sources report its due to the Credit Crunch that is affecting ALL sectors and especially the mortgage lenders. People are losing their homes due to being overextended and an inability to PAY UP. There are many factors affecting the dropoff but the suddenly ACTIVE huricane season and earthquakes thoughout the world do not help either. When you add it all up, demand for travel will eventually get tighter.
 
AstroLounge, I bet demand will drop like a lead ballon. Airlines have set up a house of cards that will tumble in the wind. Leisure travelers and only leisure travelers fill our planes. They will go away at the first hint or the media's announcement of the pending onset of the comming recession. Employees are tapped out...mismanagement has already taken all that can be taken from employees, so that time honored management, source of quick relief in time of recession, the employees has dried up. MBAs in their zeal to "push all costs" onto employees and vendors, have done succeeded; however, vendors have had enough and have been left holding the bag after bankruptcies after bankruptcies and they will balk at any further attempts to leave them "high and dry"again. Fuel costs are high, however, they may come down a bit after the market realizes we have entered a recession. It is the MBAs that created the credit meltdown that will be the catalyst to the comming recession. It is the MBAs that have set up a house of cards that will come crashing down on the airline industry with the comming recession. It is my thought, that after this next round of failures and bankruptcies, the government may have to nationalize the airline industry. I know that is radical (I am opposed to nationalization in any form), however, if the airlines are in peril and if they are in fact such a important part of our economy and national defense, the national government will have no choice as the public will demand it.

Wew! Let me stop gazing into that crystal ball, it is scary.
 

Latest posts

Back
Top