Originally Posted by
sailingfun
Wall Street is just a bit smarter then you give them credit for. The number they care about and watch is Delta's total block hour costs in comparison with our competitors.
What if our evil pilot block hour cost is higher, but our RASM is better by a margin greater than our pilotCASM is higher? What do they care about then?
If they are dumb enough to tank the stock just to lash out a blow against the pilots at a phenominaly well performing company, that presents a great low price point buyback opportunity to further reduce the volatility and restore shareholder value in the future.