🚀 go-pugleaf

In article <1992Nov19.092215.7207@hemlock.cray.com>, n3884@cray.com (Pete Palmer) writes:
> 
> The other night on the news it was reported that Northwest  has now 
> terminated 2100 positions in 1992.  Many of these positions were
> high paying, including upper mid-management and pilots.  
> 
> Does anyone know how many new jobs they have promised with the Airbus maintenance
> bases in the Duluth area?

1500.
>                             I'm trying to see if there will be any net gain
> in jobs for the state, or are we already in the red?

At this point, the question is whether NWA survives (saving some jobs) or
not.  It's clear that for NWA to survive, they must become "more efficient"
(cut jobs).

> Obviously they needed to make these cuts to compete with the big guys,
> but why was this never mentioned to MN residents when the 
> legislature was debating the MAC bonds last year?

Because if the public knew the truth, NWA would never get the money.

>                                                     Is the competitive
> environment changing so fast that they didn't know they would
> be cutting back or did the state do a bad job in assessing NWA's
> position in the market?

Yes.  I don't think even NWA thought they would lose money this fast (from
fare wars), but it was also clear that NWA was in big trouble (due to the
huge debt from the LBO) before the bailout package, er, "incentives" were
passed.

I've also heard that the MN constitution is clear that public money cannot
be used to fund private buisnesses.  Does anyone have an on-line copy of
the MN constitution?

> --------------------------------------------------
> Pete Palmer
> 
-- 
Russ Anderson    |  Disclaimer: Any statements are my own and do not reflect
------------------              upon my employer or anyone else.  (c) 1992
EX-Twins' Jack Morris, 10 innings pitched, 0 runs (World Series MVP!)