Originally Posted by
Alphafloor
Have you boys and girls noticed that our new management is only spending money on tangible, transferable assets,... I.e. Airplanes, ground equipment, gates, simulators, ect. And nothing is being fixed like IT, HR, payroll or anything else that another airline would want or need. Everything that is happening around here being done to sugar coat a foul smelling turd. I laugh my ass of every time I hear some management dork say we are "here for the long term". We're gonna get bought, sold, merge ,acquired or chopped up into a yard sale. It's just a matter of when and who.
There are tax advantages to owning depreciating assets. There are ways to make it look like we make more money than we do this way. Maybe they have run out of the low hanging fruit in terms of cutting costs and are now doing what they can to pump up stock price. This is the opposite of what I would expect for a merger. I would think they would try to depress stock, unless we were going to be the purchaser, not the purchasee. Or not. I still think a merger is in our future. And certainly no one in lower mgmt would know if and when that would happen. The higher ups have a fiduciary duty to not tell anyone the details of something like that.