Originally Posted by
JamesBond
Not sure what you are asking. What I am doing is evaluating the industry in a different way. It is not a boom/bust industry anymore. Well DAL anyway. When was the last time any airline had balance sheets like we have now? You have an example of the advantages right in front of you. Who has this board held up as the gold standard for years and years and years? How has that group gotten to where they are? Now, since DAL is printing money everyone wants to throw their method out the window and swing for the fences yet again. Boom/bust mentality all over. Let's do the same thing and get a different result. Works every time. Couldn't possibly be a different way to achieve our desired results. Nope.
DAL is an investment grade company with their own printing press for Benjamins in large part because of a decade of dedicated pilots working under concessionary terms. The model that has gotten the company to where they are today involves walking on the backs of the employees who have carried them there. The group the
board holds up in your gold standard example is the management team and they have gotten to where they are by patting us on the head and handing us a quarter while taking a dollar from our pockets. If you think for one moment YOU and the rest of the pilot group are the gold standard, take your eyes off the shiny object in the boss' left hand and look where his right hand has been. Your statement and opinions on the matter further confirm the board's opinion that the management team is the gold standard. They have gotten you to fall for the BS hook, line and sinker.