Originally Posted by
sailingfun
I watched the presentation also. I also read every word of Ed's testimony in the 1113 hearings so I am not a fan. Management has faced critism in financial circles over the refinery and is working hard to justify it. Listen again however to his statement on paying off the refinery. He talks only of initial investment. He does not talk about the cost to upgrade the refinery or the losses it sustained over several years. They are a ways from paying off those items. With the recent plunge in oil they may get there but it has not happened yet. The initial investment was only 150 million.
So you are saying Ed Bastian is not being intellectually honest with the pilot group?
Regardless of that single point the rest remains, this company is on the brink of pumping out money like has never been seen in the airline industry before. The chicken littles here (be they management or union) should be ignored. Their message is geared to benefit those outside of the line pilots at Delta Air Lines.