View Single Post
Old 05-08-2013 | 11:06 AM
  #129794  
Falcon7
Banned
 
Joined: Oct 2012
Posts: 335
Likes: 0
Default

Originally Posted by nerd2009
Oops! there goes the profit sharing
I don't think anything in this plan counts against profit sharing. Isn't our profit sharing based on dollar one of pre-tax income? I believe that any costs associated with managements new fiscal plan come after pre-tax income is calculated. I could be wrong though.

Listening to RA today, it sounds like the company is seeking a different class of investor. Any thoughts on what that means to Delta and ultimately us?

The debt reduction is a good idea. Less money paid out in interests, more for profit sharing and buying aircraft as well as infrastructure investment. I also like the commitment to the pensions. I wish his predecessors had shown that same commitment.