Buh-Bye! Thank You For Flying With Us

06-07-08_United.jpg
This classic United artwork via Drewski2112 was included in retirement papers his grandfather received.

Adding to yesterday’s economic news of jobs leaving to the economy, oil prices reaching new highs, and the Dow dropping 400 points, hometown airline United announced they have reached a buy-out agreement with their flight attendants.

Attendants with 15-years of service and who are at least 45 will be allowed to leave the company voluntarily, and will be entitled to severance packages and retiree travel benefits. This enables 600 attendants to leave the company.

Officials at United say this will mitigate the impact of a 14 percent network capacity decrease by the end of the year, and another 11 percent in 2009. [S-T]

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Comments (3) [rss]

It's about time we had some younger, hotter stewardesses on united flights.

This is yet another symptom of the the end of the airline as a viable industry. I think one of three things will happen in the next 5 years:

1. Airlines will fold, as the service they provide becomes impossible to pay for;

2. Airlines will siginificantly raise rates to reflect the cost associated with providing their service, effectively eliminating much of their customer base;

or

3. Government will decide the airline industry is essential, and will either subsidize the airlines or take them over completely. (It will be interesting to see if this works as well and is as well-received for air as it was for trains.)

My guess is option 1 is the most likely, though I think option 2 is the most reasonable.

please don't cancel my flight, please don't cancel my flight, please don't cancel my flight, please don't cancel my flight...

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