Quote:
Originally posted by john_cramer
...but here's the rub: legacy carriers operate in Chapter 11 like it was a permanent hammock, not a safety net.
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So chapter 11 is being used to thwart enonomic Darwinism? Why would this be allowed to continue? Who benefits?
I have no issue at all with non-union labor. I am a bit troubled that air travel is bought and sold like a commodity, as you mentioned. How many of our carriers are now serviced in China? At some point a purely price-driven deregulated industry may become less safe.