Originally Posted by
Bucking Bar
This is especially disturbing given that fuel is off it's highs. If you believe in charts and trend data, DAL is trading at a support level and most likely to go up.
But, as pilots we need to be concerned about the Board's direction to Management about our limp share price. Every time they demand "something" be done, that something is reduced capacity, which more often than not served by airplanes we do not fly.
There is no need for being disturbed in my view. The stock price was $4 and change in March, 2009 and Delta didn't furlough a single pilot. On June 27 Delta guided for a profitable second quarter and 2011. The stock price is reacting to a host of analysts lowering earnings and geopolitical events completely out of the control of our company. jmo.