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Old 06-23-2012 | 12:57 PM
  #103886  
Bill Lumberg
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Joined: Jul 2006
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From: Space Shuttle PIC
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Originally Posted by formerdal
The company is profitable to the tune of in excess of a billion a year and forecast to be profitable to the tune of multiple billions per year. The rest does not matter if the companies profitability holds true.
So, should we buy new widebodies, ever? How about the next Boeing Max or Airbus NEO offer? Does the company need to pay for any of that? We are bringing the debt down to $10 billion by next year, which will save us some cash on interest, but what about paying for new planes? I don't think we need to pay for that ourselves, but don't think there won't be other costs. What about a possible merger buying a competitor? Is that a good idea? Will it be free? We do deserve raises, but many of you aren't looking around at the others, aren't looking at the World economy, and must not be looking at all of the used planes we are buying and older widebodies that will need to be replaced. With all of that in the backround, a 20% raise in the next 3 years is pretty darn good.