Originally Posted by
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Nope, but that’s the picture they love to paint. We cannot discuss another pay increase, but we can buy 5,000,000 shares back. That’s 120,000,000 million plus! Yet first year pilots still make poverty wages.
Business as usual.
Except, when it come to earnings, they will tend to tell truth (in most cases) because they don't want a MAJOR surprise that will gap their stock down. You are right with the stock buyback, they actually HAVE to do that because of the stock they made available for their senior Executives (Ron Reber stepping down . . . . stock option execution, the new management, et el . . .)
As far as link goes, this was my paraphrase from actually listening to the talk.
If any of you are at all interested in hearing what the airline companies say in their earnings cal, just check Yahoo Finance to see when they next report, pay attention about 1-2 weeks prior, and the company usually posts a webAudio link to listen in. I try to listen to most of them, but many times I am not near a computer to do so . . . (One can also listen to the tapped Audio too.) Usually posted.