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Old 04-24-2012 | 07:57 AM
  #96625  
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TenYearsGone
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Joined: Dec 2009
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From: 7ERB
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Originally Posted by shiznit
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!
I put a post up a few weeks ago too about GOL. Nobody seemed to care. GOL is going to serve Miami to South AMerica with their 737s. This concerns me because we were told we would be their US feed, while they take care of intra SA.

TEN