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Old 04-24-2012 | 07:44 AM
  #96623  
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shiznit
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Joined: Feb 2009
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Ok.... No one else wants to comment on the news out today that DAL wants to increase their investment in GOL from 3% up to 20%???

Lots of articles on yahoo major airline news about it...

Let's do the math:

GOL 3% stake = $200,000,000 from DAL coffers

roughly 1% = $66,666,666 million for each 1% investment

Increasing the DAL stake by 17%....

DAL puts out an additional $1,133,333,333. Yes, OVER ONE BILLION DOLLARS!!!!!

That says the company is seeing VERY strong revenues and will be able to pay up for the restoration of the pilot contract!