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Old 05-29-2016 | 04:30 PM
  #6  
gzsg
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Originally Posted by zippinbye
The implication of nefarious omissions in yesterday's Chairman's Letter as related in this thread and others is a bit paranoid in my opinion. 70 percent is a firm target based on an estimated number. The letter included that figure as a parenthetical reference (brevity rules in parenthesis). It's much simpler to cite "70 percent" than "approximately $3.15 billion to $3.85 billion depending on actual free cash flow." Stating "70 percent of free cash flow" is hardly a camouflage for the actual dollar figures. Those are out there. As big boys and girls, we can do the math. Malone makes the free cash flow reference while running down a laundry list of circumstances that position us for "a contract heavily weighted in our favor." I'm not seeing any covert masking of the truth here. No intentional disrespect, I just think there are valid concerns available to create angst and focus attention toward. This is not one of them.

If you think our pilots are taking the time and effort to find this 8k and arrive at $3.15B to $3.85B, stop the next 20 pilots you see and ask them how much free cash flow Bastian will return to the shareholders this year.

I have done it many times. No winners.

Not one in the neighborhood.

This number is staggering. The line pilots need to see it.

Concessions are not warranted. Bastian Intentionally short staffed the air line and that is not our problem to solve by, yet again, working more. Spending more.time away from our families.

We have given enough for 2 lifetimes.
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