NWA and Delta Airlines BOTH file for Chapter 11 Bankruptcy

PingSpike

Lifer
Feb 25, 2004
21,758
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The government better not bail them out again. Corporate welfare is horsesh|t, it just gives companies a free pass to mismanage their business.
 

Ipno

Golden Member
Apr 30, 2001
1,047
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I guess management ran the airline into the ground.

er ... metaphorically speaking.
 

Amused

Elite Member
Apr 14, 2001
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19,892
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I agree with Ping.

Bailing out the airlines over and over just encourages crappy management and keeps competitive airlines from succeeding.

They need to let them fail, and allow new and/or existing smaller airlines to fill the hole left by these failures.
 

rudder

Lifer
Nov 9, 2000
19,441
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Originally posted by: PingSpike
The government better not bail them out again. Corporate welfare is horsesh|t, it just gives companies a free pass to mismanage their business.

Exactly, just look at Southwest and Jetblue among others.