Originally Posted by
Hank Kingsley
You don't need a business degree to understand that many corporations use an earnings per share compensation metric to pay their management. Hence, all the stock buybacks in America, they're at a record high. Subtract X number of shares from the public, and the earnings per share go up. That's why Delta is buying back billions of dollars. So yes, there is money left on the table. It's going to management's compensation plan.
The question is are CEO's being distracted from reinvesting in the company (i.e. ever wait 3 hours to get deicied). Or waiting for a gate when 10 are empty within clear sight. Virgin America was just named best domestic airline again, they're installing wifi 10 times faster than ours.
That is a very juvenile view of the stock buyback. Contrary to what many on here believe, the world does not revolve around us.
Originally Posted by
Hank Kingsley
The TA is little more than cost of living increases when you factor in concessions. And we get to feel the concessions 6 months early. Nice.
And if it goes down, you lose the raise, and for those that want "restoration" it is further away. There are tradeoffs in voting yes, and tradeoffs in voting no. Neither option is a clear winner