Originally Posted by
FreshWater
BOD getting involved probably indicates they aren’t too happy about being sold on swamp hotels ($100mil - $200mil oops). And other stellar strategic decisions such as giving up etops to Hawaii not because it wasn’t profitable, but just because. The cares act money covers our payroll and nothing else. Our money management can’t use to line their pockets. Hence the full court press to trick us into concessions. FAIL. Their bonuses not so much this year ohh well.
The BOD definitely signed off on all of this stuff, as well as the hiring of JR and his frequent stock allotments. Maybe they're worried about an investor revolt, although the current stock price will probably calm a lot of that fear.