Originally Posted by
gzsg
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.
I agree with much of what you say and I stand firm on the same line regarding concessions. I find myself educating guys on the line all the time, often to my own surprise that they are not "up to speed." So sure, spreading the word, digging into details and deciphering corporate hogwash is a good thing. My only point was that Malone's employment "70%" vs. specific dollar amounts is not deceptive, at least in my view. Stock by backs are deceptive but play well in the press for Delta. They come at our detriment. I have zero doubt the NMB mediator's will see the generous redeployment of capital in contrast to management's claim that their lousy proposal is the best they can do. I'm confident the negotiating team will point to the same in arguing our position. I'm full-on "Team Orange," with more confidence in DALPA then ever. Of course the bar to exceed was pretty low, but I'm talking leaps and bounds more confident. And I'll be on the front line to call B.S. if I smell a rat in DALPA 's handling if our PWA quest. With that said, Malone's use of a percentage vs. $$ in the Chairman's Letter is of little consequence. But the stock buy backs are bogus all the way!