DOT votes against modified Delta-USAirways swap agreement - socialism???

[johnsonrod]

Is this a true story? I can't believe I am the first to post this story. It's not a surprise when you think about it. Given that MOST OF YOU people voted for pro-union Barry Obama and his socialist agenda, this is what you get... Simple as that. This was a great agreement with several happy parties - capitalism at work. People were optimistic.

But no - LaHood cancelled the new agreement (modified proposal) between the various parties. Next time, consider how your vote could impact your career - SOCIALSM S#CKS and mediocrity becomes the norm... Nobody wins. Everyone stays mediocre. Deficits climb. The Federal Government grows and regulations grow in influence. Taxes are raised on everyone - including the Middle Class. Incentives to work hard and strive for success diminish. People reduce their discretionary spending (buying fewer airplane tickets). Thanks Obama. Think before you vote next time. See the news story below:



Delta 'disappointed' in DOT slot swap decision, will review options
May 4, 2010

Delta expressed disappointment in Tuesday’s announcement by the U.S. Department of Transportation that it would not agree to Delta’s revised proposal to trade slots with US Airways and several other carriers at New York’s LaGuardia Airport and Reagan National Airport.

“We are disappointed in the DOT’s announcement that it will reject our modified proposal with US Airways, JetBlue Airways, AirTran Airways, WestJet and Spirit Airlines for a slot transaction at New York’s LaGuardia Airport and Reagan National Airport as it would ensure that several low-cost carriers would have access to these airports as requested by the DOT,” Delta said in a statement Tuesday. “We are reviewing our options.”

Under Delta and US Airways’ original proposal, US Airways would have transferred 125 operating slot pairs to Delta at LGA, and Delta would have transferred 42 operating slot pairs to US Airways at DCA. US Airways also would have gained access to São Paulo, Brazil, and Tokyo-Narita.

The airlines modified the plan in March after government regulators said some slots should be divested to bring in more competition. Under the revised proposal, Delta agreed to transfer up to five slots each to AirTran, Spirit and WestJet at LGA, while US Airways agreed to transfer five slots at DCA.

 

[FlyinPiker]

just adding to the above post

There is a lot being "missed out on" when it comes to the consumers "best interest" as shown below. I think we have a good case. Also not mentioned above is Airways and DAL have already said they are taking this to the Court of Appeals.


As previously outlined by Delta and US Airways, the airlines' proposed transaction would add flights to a number of cities from both the New York and Washington, D.C. markets.


I n New York, Delta will add or preserve service to dozens of small- and medium-sized communities while adding service in a number of markets not currently served by US Airways. The airline would also begin a multimillion dollar construction program at LaGuardia to connect the existing Delta and US Airways terminals. Delta has estimated that the transaction will generate as many as 7,000 new jobs in the New York City area driven by the construction of new facilities and the addition of service.


In Washington, D.C., US Airways will add 15 new, daily destinations to its schedule, including eight routes that currently have no daily nonstop service to Reagan National on any airline. US Airways plans to fly to all of the destinations that Delta decides to discontinue as a result of this transaction. The airline also will significantly expand its use of larger dual-class jets by nearly 50 percent at Reagan National.

 

[johnsonrod]

This is a clear example of socialism at work. The various parties were happy with the modified agreement. This looked very doable and there were many potential benefits to the flying public with new destinations served, etc.

I am afraid capitalism is slowing dying under this Administration... And no, Palin certainly ain't the answer. We need someone who is not a blatant supporter of European capitalism like Obama.

 

[densoo]

Given that MOST OF YOU people voted for pro-union Barry Obama and his socialist agenda, this is what you get... Simple as that.

Don't believe in the free market? We had a vote. The last guy's party was thrown out on its ear--by a people free to choose.

 

[slaquer5]

Don't believe in the free market?

Not in this case, they want to sell to someone that posses no threat .

 

[Dan Roman]

It appears to me Delta doesn't want the slots to go out on the freemarket. They want Government protection on what they do with them. If you want a freemarket, let them go to the highest bidder, period. That's capitalism.

 

[LawReview]

It appears to me Delta doesn't want the slots to go out on the freemarket. They want Government protection on what they do with them. If you want a freemarket, let them go to the highest bidder, period. That's capitalism.

That missed the point that their Delta's slots now. They're not looking for Govenment protection on what they do with them. They want to sell them to a willing buyer whom they choose. Actually that's captialism.

 

[hockeypilot44]

It appears to me Delta doesn't want the slots to go out on the freemarket. They want Government protection on what they do with them. If you want a freemarket, let them go to the highest bidder, period. That's capitalism.

Delta doesn't want to sell slots to anyone. They just want to trade slots with US Airways. It already went to the highest bidder. Delta and US Airways. How do you think they ended up with the slots to begin with?

 

[johnsonrod]

That missed the point that their Delta's slots now. They're not looking for Govenment protection on what they do with them. They want to sell them to a willing buyer whom they choose. Actually that's captialism.

That's the point. Delta and USAirways own their slots. They want to trade their slots. They were told no and then they actually modified their agreement to include other willing parties. This included airlines new to certain airports (i.e., JetBlue to DCA - a new competitor in that market!!!!).

But Barry, Lahood and their anti-competitive puppet masters decided that the Feds needed to get involved in everyone's business and make decisions because obviously the Feds know best... The Feds should control the markets and how people make decisions about assets (slots) THEY ALREADY OWN. What happened to deregulation????? Seriously, I hope Obama supporters start to wake up and see how our society is becoming more French every day.

Competition is what has made America strong and this example of Government intervention should be a wake-up call. The public would have benefitted from this arrangement too with many new city-pairs out of both LGA and DCA. Too bad it probably won't happen now if it doesn't make economic sense to Delta and USAirways... Thanks Obama (the Euorpean Socialists are clapping for you!!!!). Think before you vote next time.

 

[puddlejumper101]

I think this was a non-issue until SWA filed a complaint. Let's face it, it's no secret who they (DAL and USAIRWAYS) wanted out of DCA and LGA. I do believe SWA found legal ground to stand on (don't ask me what it is, I am not an attorney), and found the loophole. Don't hate the player, hate the game. More competition, that sounds like Capitalism to me. Bags fly free out of DCA also : )