Originally Posted by
BoilerUP
You still haven't explained how RAH getting a $91m claim for DAL surrendering RAH shares during their bankruptcy equates to "owning $91M worth of Comair."
That's right, because it doesn't. At least not directly
You might not be reading it right. Basically RAH took over $91mil of Comairs debt in exchange for Delta releasing some of RAHs stock ergo RAH now has a $91mil stake in Comair.
Same thing China is doing to the US which is another reason the dollar has been diving down. There are a multitude of reasons why it's benificial to own buy them. It has nothing to do with the pilot group. Nothing at all. RAH could simply purchase comair then fire them all if they wanted to. It's happened before. Or they could purchase a ticket for the pilot group to help with staffing issues on the boat load of 170/175s they'll be getting in. That's happened before too.