Re: Aloha Air files bankruptcy, again
You're not alone here. The abruptness of it all is a telling story. Financially Aloha airlines had enough working capital for just one more day of service but he decided to pull the plug early. Why? Maybe it's his golden parachute.
If he knew he had only one day left why did he wait two days before to decide to do what he did. Even if Lingle could have pulled that rabbit out of her magical hat, his bean counters should have known that leniency on the part of the bancruptcy court judge would be virtually non-existant. Where was his contingency plan? If he couldn't forcast a day in advance of their operational status, I can see why Aloha died the way it did. As if he knew Aloha had a finality and played it up all the way to the end.
He blames the competition but never named go! as the means of Aloha's demise. If that's the case then how did Hawaiian seem to come out smelling like a rose, even adding flights and leasing larger jets?
Questions questions questions. But in the end I believe it was Banmiller's lack of ability that led Aloha down the trail of disaster. The economy and go! simply prodded Aloha along.
And it will come to pass that Banmiller was a lousy CEO when all the facts come out. Did you see his reaction to an Aloha Airlines employee's questions? He just brushed her off like a bug on a windshield.
Originally posted by joshuatree
View Post
If he knew he had only one day left why did he wait two days before to decide to do what he did. Even if Lingle could have pulled that rabbit out of her magical hat, his bean counters should have known that leniency on the part of the bancruptcy court judge would be virtually non-existant. Where was his contingency plan? If he couldn't forcast a day in advance of their operational status, I can see why Aloha died the way it did. As if he knew Aloha had a finality and played it up all the way to the end.
He blames the competition but never named go! as the means of Aloha's demise. If that's the case then how did Hawaiian seem to come out smelling like a rose, even adding flights and leasing larger jets?
Questions questions questions. But in the end I believe it was Banmiller's lack of ability that led Aloha down the trail of disaster. The economy and go! simply prodded Aloha along.
And it will come to pass that Banmiller was a lousy CEO when all the facts come out. Did you see his reaction to an Aloha Airlines employee's questions? He just brushed her off like a bug on a windshield.
Comment