("sfb" wrote)
What bad management decisions? Airline management has about three basic
decisions - planes to fly, routes to fly, and how much to pay their
employees. The legacy carriers are paying about 2 cents per seat per mile
more for labor than the discount airlines. Some of that difference is
pension costs.


Is this out of 37 cents per seat mile or 5 cents per seat mile? Curious.

Is it 3% more or 28% more?

To the larger point: Management, itself, is one of those "basic" decisions -
what type of management will we be? It snowballs from there...

Pension funds, fuel prices, gate fees, lawsuits, rising interest rates,
health care costs, advertising, weather on the east coast g, changing
travel habits, Internet integration, oil hedge funds, stock prices, logos
....I'd say (a good) management had better be able to juggle them ALL.

Heck, I can juggle just three balls at once.


Montblack