COMPETITION FOR QANTAS
Had former CEO Geoff Dickson, his worthless board of directors and kiss-ass management team got their way and sold the company to a bunch of private equity thugs who were 100% financing the deal, Qantas would today be out of business. Why? Because if it weren’t for their strong balance sheet, there would be no [...]
FURTHER CONSOLIDATION OF THE INTERNATIONAL AIRLINE INDUSTRY
It has already taken place in America, with now just four legacy airlines still in business, Delta, American, United and Continental. Because every country in the world including tiny Nauru Island in the Pacific (population 13,500) feels it must have its own airline, nationalism has been the major factor, irrespective of the losses/potential losses, that [...]
MEANWHILE BACK AT THE RANCH
Capacity continues to shrink as airline permanently ground large chunks of their fleet. Today Delta announced all seven of the old 747-200 North West cargo fleet will shortly make their last flight; to that graveyard in the Mojave Desert. Only UPS and Kalitta will be left flying the old 747-200 workhorse. The decision of carriers [...]
BELIEVE IT OR NOT!
We have listened to the media and interested parties telling us America is longer competitive as a manufacturer and we had better get used to foreign-made goods, particularly from China, dominating our choices. Well here is a statistic that proves those traitors wrong. America still produces more goods than any other country- $1.6 trillion worth [...]
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