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Old 02-17-2012 | 05:40 AM
  #89405  
Carl Spackler's Avatar
Carl Spackler
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Joined: Apr 2008
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From: 747-400 Captain
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Originally Posted by whatsitdoinnow
We are not liquidating.... However, We are shrinking to be able to participate in future mergers and have it pass the DOJ sniff test.
Selling off/parking assets and NOT replacing them is liquidation. You say we're only liquidating so we can participate in future mergers. Why? So we can liquidate some more...and call it synergy??

Originally Posted by whatsitdoinnow
As far as replacing jets, our CEO has stated we must own a jet for at least 30yrs to be profitable.
That of course means nothing when you lease the majority of your aircraft. But that was funny CEO spin though.

Carl