enthalpy

enthalpy

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Thursday, June 17, 2004

Posted 6/17/2004 04:49:00 PM by Douglas

Unable to turn a profit, Delta Air Lines now clamoring for socialism to pad their bottom line.

Delta Air Lines' chief executive on Wednesday said it is "completely clear" the No. 3 U.S. airline cannot survive in its current form, as fare levels continue to erode despite an improving economy.

Many analysts and industry experts have said Delta might have to file for bankruptcy to significantly cut costs.

Low-cost competition in 70 percent of its markets and weak air fares have hurt Delta for a while.

Not Al Queda, not Bin Laden, not even Star Jones. Competition is hurting their business, and they're still crying about it. Why?

All this even after they got rid of their $2.73 Million CEO in 2003 for the paltry $500,000 CEO they have now.

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