Their pensions are the biggest problem.
And Amtrak is the worst comparison. That should have been eliminated 50 years ago but the Federal government has essentially kept that from happening through subsidies and looking away as the trains fall apart and kill people.
-Rudey
Quote:
Originally posted by madmax
How are the unions the problem?
Baggage handlers make about $13 per hour. Mechanics $30 per hour. Is that overpaid? Should they work for free?
The airlines take a 50 million dollar jet, fill it with 100k worth of high test jet fuel. Then they sell tickets for $49 one way from NY to Orlando and fly with half the seats empty.
I think the airlines are setting their prices too low. Amtrak from NY to Phila is about $100.
Last night on the news an airline exec said "the only thing between the airlines and prifitability was fuel costs." It was only a few months ago that the same airline exec gave the same speech saying "the only thing between the airlines and prifitability was labor costs." Labor made the concessions and the first thing management did was lower their $79 tickets to $49.
How do you pay for a 50 million dollar jet when you are selling $49 tickets? It cost more to fly 30 years ago.
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