Originally Posted by
Scoop
Maybe, and I hope so, but their track record is not very good:
Buy COMAIR and ASA for billions - sell for millions.
Stock Buybacks prior to BK - oops!
Underwater on fuel hedges for hundreds of millions.
Hey lets rebuild the BOS terminal!
Hey fuel is cheap lets buy hundreds of high cost 50 seat RJs and lock into 20 year contracts. Whats that? Two wars in the middle east - no worries.
And my personal favorite - although not financially a big deal ,it cracks me up. Hey, lets advertise Gotomeeting.com on our jets because really, what airline wants businessmen buying last minute tickets to attend meetings?
I'm sure that I am missing a few others and yeah, I know this is a new management team and all. Well I am rooting for them in this endeavor - I am just not overly optimistic.
Scoop
I'm right there with you, however I do have confidence in RA. Yes he had made mistakes, but I feel the biggest were made prior to his tenure.