WTF?: Delta Air Lines and Northwest filed for bankruptcy - GoFuckYourself.com

Machete_ · 09-14-2005, 05:49 PM

... looks like Lensman + the rest will stay in europe

Delta Air Lines and Northwest filed for bankruptcy Wednesday, making them the third and fourth major U.S. carriers to be operating under bankruptcy protection. The two companies follow United Airlines and US Airways into bankruptcy. United, the No. 2 airline, has been in bankruptcy court for almost three years. US Airways has been in bankruptcy court twice since the September 11 terrorist attacks that shook the airline industry.

http://money.cnn.com/2005/09/14/news...ex.htm?cnn=yes

KRL · 09-14-2005, 05:52 PM

Bankruptcy is the only way these airlines can get their labor unions to agree to wage concessions.

Airlines are a tough business.

Juicy D. Links · 09-14-2005, 06:07 PM

yup crazy shit yo

$$$ · 09-14-2005, 06:20 PM

Oh damn...

Wiggles · 09-14-2005, 07:24 PM

saw that coming, all air lines are doing so bad right now.

Barefootsies · 09-14-2005, 07:24 PM

Quote:

Originally Posted by KRL

Bankruptcy is the only way these airlines can get their labor unions to agree to wage concessions.

Airlines are a tough business.

Correctamundo.

I can't recall the law, bill, regulation, off the top of my head, but by being in bankruptcy it gives them more leverage to make the union give them the concessions they have been asking for some time.

09-14-2005, 05:49 PM	#1
Machete_ WINNING! Industry Role: Join Date: Oct 2002 Posts: 14,579	WTF?: Delta Air Lines and Northwest filed for bankruptcy ... looks like Lensman + the rest will stay in europe Delta Air Lines and Northwest filed for bankruptcy Wednesday, making them the third and fourth major U.S. carriers to be operating under bankruptcy protection. The two companies follow United Airlines and US Airways into bankruptcy. United, the No. 2 airline, has been in bankruptcy court for almost three years. US Airways has been in bankruptcy court twice since the September 11 terrorist attacks that shook the airline industry. http://money.cnn.com/2005/09/14/news...ex.htm?cnn=yes

09-14-2005, 05:52 PM	#2
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Bankruptcy is the only way these airlines can get their labor unions to agree to wage concessions. Airlines are a tough business. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

09-14-2005, 06:20 PM	#4
$$$ Confirmed User Join Date: Jul 2005 Posts: 894	Oh damn... __________________ http://www.webcamcash.com/?wrefid=C006535 - $70.00 per signup. Cash in on this 376 242 3 $35.00 $70.00 $210.00 AVERAGE $0.87 / unique

09-14-2005, 07:24 PM	#5
Wiggles Too lazy to set a custom title Join Date: May 2004 Posts: 14,423	saw that coming, all air lines are doing so bad right now. __________________ no sig

09-14-2005, 06:07 PM	#3
Juicy D. Links So Fucking Banned Industry Role: Join Date: Apr 2001 Location: N.Y. -Long Island -- Posts: 122,992	yup crazy shit yo