Apparently Bay Street money types are floating the idea of an airline. Really?
How many times has a man’s manly man told me not to make “business” decisions based on "emotion" – holding up the word 'business' as the Holy Grail of rational thinking. Take that same right-brained power male and say the word “airline” -- the Holy Grail instantly turns into a magical vessel with sensational powers of flight, fancy and … money?
What money? In the past decade, the combined losses of U.S. carriers amount to $60 Billion. Here’s what Warren Buffet thinks about airlines: “If a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”
Let’s face it, Pumpkins, a woman – with all her hormonally driven mental hysteria – doesn’t need a flow chart to know an airline is a bad idea. We “feel” these things, boys.
“Why would you ever want to start a new airline?” said Michael Boyd, an aviation consultant with Boyd Group International. “The business is very capital-intensive, the returns are rotten, and the track record is terrible. Plus, there’s simply no market for a new carrier today.”
Southwest makes money. So does WestJet. Hopefully their testosterone levels will stay relatively low and some macho macho man won’t come along and convince them to grow. Not everything is about size gentlemen.
