Re: CNBC documentary on American Airlines
It was a very interesting financial perspective on the worlds’ largest airline.
I would have liked to see a bit more from the pilot side; financials, force sizes, etc….
That old coot ex-president with his stupid story made me laugh. How he cut costs at an outstation by replacing the security guard with a guard dog and then putting the dog on “Part-Time”, should have been edited out. It was dumb, and made him look like a total knucklehead. Maybe that is what they were going for.
No matter how you slice it up though, it seems like American as a company has weathered a storm that most of the legacies did not. Would it have been better to raise fares rather than hose the workforce? Who knows. I certainly think it was pretty sly how management still got bonuses after all that.
The most startling 2 things were the differences in fares aboard the plane, and the lack of security on the cargo. I can just see Osama sitting in a cave watching that show thinking “Oh nice! The infidels are not inspecting their cargo on commercial airlines. Mustafah! Bring me some martyrs and lets’ get it on!”
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