Originally Posted by
AUP09
No regrets on buybacks. The cash would not be available to us today even if it was not used to buy back stock. Will there be buy backs in the future? Probably, but it will be long after the company is very profitable again.
Summer schedules are being adjusted every day. Mostly adding capacity but there are cuts too.
If it comes to it, they may let a few.
I appreciate the candor as that’s not a popular position to take around here. Maybe Chazz can find the “No Regerts” meme
But as long as you’re engaging (in a decently productive way I might add) with the peasants, do you mind explaining why the cash would not be available? I believe even American had more cash on hand than we did when the hammer fell.....