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The Shotgun Fleet Marriage
April 25, 2008 03:53 PM PDT
The IAG analyst team is back this Friday to discuss the apparent merged fleet news - the CEO at both airlines are touting this as an advantage. This view flies in the face of every other airline cost issue - rationalizing fleets are gospel everywhere else. But apparently not at these two airlines. In addition, looking at the cost of fuel, no matter how the management packages it, fleet cuts must come because there too many seats. The merged airline looks like it has no plans to cut any routes. Perhaps this is grandstanding for Congress. Or perhaps, these people really believe this? Surely they cannot; but who knows? Little makes sense these days. |
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