Originally Posted by
Timbo
The very reason there are concessions this time, is found in C2012 and at the subsequent Investor's Conference. They are going to ask RA about 'Cost Control' going forward. RA wants to once again be able to tell them he has just signed another Cost Neutral contract.
He'll be saying the exact same things he said after C2012, Capacity Restraint (parking 747's) , Fleet Up Gage (more 76 seat RJ's), Changes to Profit Sharing to cover raises, etc.
Pleasing the day trader stock flipping analcycts isn't our concern. The worst thing they can do is temporarily attempt to tank the price of our stock, in which case our huge buybacks will disproportionately reward real investors in the long run anyway because there's some serious investment grade stuff going on right now.
Those same analcyst morons will also be wanting us to yield to the LCC capacity barfers and the dual subsidized ME3. Tough. Not our concern to try and please them. Let them have a hissy fit. If they do, we will shore up our stock even more in the long term.
They still teach long term in B-school, don't they?
Who cares though, its not our concern. NO CONCESSIONS THIS TIME!