American Airlines is the latest to file bankruptcy protection. This is a strategy move to reform the company ... After all, all of the following US carriers used the bankruptcy as a business tool.
Nov. 29, 2011 - American Airlines
Jan 5. 2010 - Mesa Air
Oct. 6, 2008 - Sun Country
April 11, 2008 - Frontier Airlines
March 31, 2008 - Aloha Airlines
Sept. 14, 2005 - Delta Air Lines, Northwest Airlines, Comair
Sept. 12, 2004 - US Airways
Dec. 9, 2002 - United Airlines
Aug. 11, 2002 - US Airways
Jan. 10, 2001 - Trans World Airlines (TWA)
Feb. 26, 1998 - Pan American World Airways (Pan Am)
June 30, 1995 - Trans World Airlines
Sept. 21, 1993 - Hawaiian Airlines
Jan. 31, 1992 - Trans World Airlines
June 27, 1991 - America West Airlines
Jan. 8 1991 - Pan Am World Airways
Dec. 3, 1990 - Continental Airlines
Is this a right strategy???
Yes, as long as company survives and able to carry on without extra weight. Also, as long as no tax money is used, it is a strategy.
I stopped going out on Friday early mining for so called Black Friday Sale. It is just crazy. I am not going to stay in line in the cold for hours just to save few dollars. I rather stay at home and buy things online.
I understand the needs for the retailers to bring customer in for the kick off of the holiday sales, but I think it is getting out of hands. I heard the shopper with a pepper spray to buy a cheap XBOX. The scene on the screen looks mad. It is not very civilized at all.
Every year the images of Black Friday makes me sad.
When you need something, you really need something but you know you cannot afford it, what do you do.
(1) Wait and work hard to save enough money to pay for it.
(2) Buy it on a loan but have a solid payment plan.
(3) Buy it and think about payment later.
(4) Buy it and let the others pay for it.
(5) Just steal it.
What are the right answer? If you ask me, (1) is the right answer, Possibly (2) if it is that important. But if you ask politicians, they will say (3) or (4). But they have no guts to steal it.
PSPINC is a dog friendly company. At any given time at least three little doggies friends are present at PSPINC. One of the is mine and his name is Pompom. This is his 9th birthday. I will give him an extra treat today.
Top picture was taken when he came to my house. The picture below is take today.
The Old Navy Store in Factoria is open today. Business must go on, especially this down economy.
I don't shop at Old Navy Store (I might be too mature for the brand) but the do anything to survive attitude of private businesses are great. Thanks for working on Thanksgiving day.
The State, County and City should thank Old Navy too. They are generating sales tax for the government on Thanksgiving day.
Mayumi left Kesennuma and now is at Minami Sanriku where entire city was consumed by Tsunami. The building you see in the picture above became famous. You can find out why by watching the video below.