Originally Posted by
Check Essential
Well that brings the picture into focus.
Allegiant pilots make more than we do.
I had to let that sink in for a minute.
It won't be long before it becomes embarrassing to say you work for Delta.
The greed of our management is slowly going to kill this company.
This management regime more and more begins to resemble the Mullin bunch.
Bleed every last dollar out of the corporation and then flee to your Miami condos. Who cares if you leave behind a pile of wreckage? You got yours.
Delta stock now down in the mid $30s. Good thing they executed all those billions of stock buybacks when it was in the mid $40s. Pure genius.
You do realize that Allegient is one of the most profitable airlines in the world, right?
Their margins are well in to the double digits, while the legacy carriers have margins around 8% --
https://www.youtube.com/watch?v=069y1MpOkQY