This week’s featured link
SCOOP: Delta Air Lines Is Making Large Bonus Payments To Management Employees – View from the Wing
Is Don Carty now running Delta? This is not a good look. I hear other airlines have done something in this general direction but more under the radar. This difference is that those other airlines are union and Delta is not. So anything Delta does has the potential to unionize a workgroup, something it has generally hoped to avoid. This won’t help.
Two for the road
Mesa Air Group Eyes International Growth – Mesa Press Release
Can someone please explain who a joint venture between a British company and an American one somehow creates a regional carrier that’s European? This sounds a little nutty to me. I may have more on this next week, if I can get the post together.
The Airline Industry after Covid-19: Value Extraction or Recovery? – American Affairs Journal
Hubert Horan wrote this lengthy article talking about the recovery and how airlines are making it more difficult on themselves. There’s a lot here, including a lengthy history section in the middle. I’m not sure I agree with the point on filing bankruptcy so early, but I do agree that these bailouts aren’t saving airlines. They’re saving management and equityholders, which should not be a priority.