What Does A Stock Buy Back Mean At Delta?
It means:
Delta's profits are so large our executives have nowhere in the company to put these profits to use on:
1) Purchasing additional aircraft
2) Investing additional funds in facilities
3) Paying down additional debt
4) Investing additional funds in Delta employees
5) Eliminating concessions extracted from Dleta employees in bankruptcy that are (obviously) no longer needed.
To summarize, our executives are saying they have no use for this money so we are giving it back to our investors.
If our executive have billions and billions they have no use for,
THERE IS ADDITIONAL MONEY LEFT ON THE TABLE
There are billions in additional funds on the table.
Any DALPA leader who cannot understand this needs to be replaced.
Yesterday.