Micheal,
You ignore the third sentence of the post. While it is absolutely irrefutable that the major/minor PASSENGER carriers are hurting horribly, that doesn't change the fact that the business plans/business models are completely different. Under gsx's belief, it would be akin to saying that if the vacation passenger cruise lines all were taking a terrible, awful hit and were faced with bankruptcy, and pressure was being applied to the ship captains to take a pay cut to help save "the sinking ship" as it were, then, according to gsx 1990, then the heavy cargo, container ship captains should also be pressured in to pay restructuring. My point in this senario is that while both are captains of large ships, both are responsible for huge ocean going vessels, both must be emminetly qualified for the job, THE TWO INDUSTRIES HAVE COMPLETELY DIFFERENT BUSINES PLANS/BUSINESS MODELS. The container ship captain's industry is very sound. Record profits are being made,even in a down economy. The fact that the passenger vessel companies are in trouble doesn't really play into the economic realities of the cargo ship industry. Apples and oranges. Both are fruits, both grow on trees, both have vtamin c, the SIMILARITIES are astounding. However that doesn't change the fact, that while both are fruits, THEY ARE NOT INTERCHANGEABLE.