Originally Posted by
TheTransporter
I read that article to mean that with the pilots not voting in the contract, the money that they wanted to use to fund the growth of the airline will be used to repurchase shares. I do not read it as they took the contract money and used it for something else. Maybe I'm misunderstanding your previous statement.
More like once the contract was in place, they would have the forward looking financial stability to go to the capital markets to finance the growth. They (the markets) like to see that stability before they loan. No different than wanting to see job stability before giving you a mortgage.