Originally Posted by
757Driver
So we're relying on "stories" to sell our product? How's about not wasting over 4 billion on stock buy-backs and actually using theat large chunk o' change to improve the infrastructure? You'd have a self-explaining story at that point and no need for some Oprah Winfrey has-been.
Out CapEx for 2016 is already at 2.3B.
This chart shows us at #1 on CapEx growth among airlines in the US by %. I don't like buybacks but we ARE spending money on the operation. The whole terminal in LAX in under renovation, we have over 50 widebodies coming and at least 200 narrowbodies on order. I foresee an 7.5% pay increase Jan 1 for us pilots.
Here are two cool financial pages to see our expenditures.
United Continental Holdings, Inc. Capital Expenditures Growth Rates TTM from third quarter 2016 to third quarter 2015, Stock Research Fundamentals - CSIMarket
United Continental Holdings, Capital Expenditures Growth Rates (UAL), Current and Historic Growth - CSIMarket
Shows we spend 689 million last quarter and around 800 the first two this year.
Finally, I think Oscar HAS to give the shareholders some value to keep a free reign on actually improving the quality of our product, as he has stated is his #1 goal. So, I think that having a good share price and happy investors will allow him more leeway on his path towards being the #1 airline globally.
Of course, I'm just a pilot so I'm probably wrong!
Capital Expenditure (CAPEX) Definition | Investopedia