Quote:
Originally Posted by kellwolf  Money isn't everything. If the lower bidding company provides shotty customer services, loses bags and is never on-time, it will wind up costing Delta MORE in the long run by covering comped tickets, drinks, etc, lost bag fees and overnight hotels or free flights. In this industry, a lot of times you get what you pay for.... |
When united cut the tie with AWAC, it's estimated it cost the company (UAL) $150 - $200 million. $125 mil was the bond that AWAC held (and then used to purchase its 26% stake in US Air, how poetic) and the additional money is estimated for the restructing costs.
Skywest and Mesa are now doing the flying.
Keep in mind, bankrupt airline management defies logic.