They do it because they can make a lot of money. They're able to cut deals that move them to the front of the line when it's time to be paid.
More Quotes from Alan Sbarra:
Latin America is becoming more deregulated, but there still is not a lot of competition in a lot of markets and there is no Southwest competition.Alan Sbarra
I expect more of the network airlines to do the same. Now that fuel is an issue, and other economics of the airline industry are pretty difficult, a lot of marginal flights are hard to justify. It's a prudent trimming of marginal routes.
Alan Sbarra
The reason they've been in bankruptcy for three years is because they couldn't get creditors on board, I think they're going to come out when they say they are this time.
Alan Sbarra
What it does is replace higher-salaried employees with new people at the bottom of the pay scale. It gets the average pay down.
Alan Sbarra
There's always a trade-off. You save money when you don't buy new aircraft, but then you spend a lot more time and money on maintenance as they get older.
Alan Sbarra
Readers Who Like This Quotation Also Like:
Based on Topics: Money & Wealth QuotesThe study of Nature is intercourse with the Highest Mind. You should never trifle with Nature.
Louis Agassiz
I long ago suggested the hypothesis, that in the basin of the Thames there are indications of a meeting in the Pleistocene period of a northern and southern fauna.
Charles Lyell
Boys, they can't take my refrigerator now. They'll never get my car now. I paid cash for 'em and they're mine, and I'm keepin' 'em!
Patsy Cline