Originally Posted by
Grumble
This is why profit sharing is based on profit before write downs and taxes. If they’re hiding money then they’re falsifying SEC reports.
I for one am optimistic and I genuinely believe we have a mgmt team that wants to run a winning airline. Do not misconstrue that to think I’m willing to cave an inch on scope or any other concession.
I don't find that surprising in the least, hiding money? It's also a pragmatic approach though. When you have the money, that's the time to spend it!
I would love to be optimistic again, but I've been burned too many times.