Originally Posted by
Ar Pilot
While I don't understand what Parker is doing (besides being at the helm of an airline making billions of dollars), I love when pilots criticize airline management as if they're completely incompetent and are somehow inept.
Stock prices are a bit like yoga pants. If your fundamentals aren't good, this is where they will be revealed. AAG is doubling-down on what worked when there was plenty of cheap labor, which is not the present or anywhere in the foreseeable future. Parker is a smart man, and competent, but a lot of dismal failures have been smart and competent and initially successful. It is possible Parker's success has led him to stop getting or listening to badly needed advice.