Originally Posted by
OTZeagle1
Well, I can see you are all really pilots. On the whining scale, you all are in the top 2%. On the financial scale, bottom 10% or clueless zone. Alaska's Quarter 2 looks pretty good, and Q3 looks even better. Maybe your 4 year upgrade will be delayed by 4 years but the company is doing well, the big hurdles are in the rearview. Your economics of scale rhetoric shows your lack of economic intellect. Alaska is a strong, smart, well run company. It’s not about size, it’s about bottom line, profit margins, and shareholders ROI. The only danger of scale is consumption not viability. Stick to mutual funds would be my advice!
Have any of you looked at the current liabilities of AAL or UAL? Those numbers are terrifying, unless you believe recessions are fairytales, existing only in the legends of days gone by.
Latest financials 6/14/18
Form 8-k
https://fintel.io/s/us/alk
Added 136 million in cash since end of March, bought back another 96k of shares; a total of $21 million shares bought back ytd.