Originally Posted by
MD88Driver
Just to clarify:
We purchased an interest in LATAM at a premium. That included receiving several of their 350s. I'm assuming that was included in the premium pricing.
We pay Airbus to drop the 350 deliveries. At a premium.
We are now back to purchasing 350s that we had purchased, then paid to stop deliveries, now back on.
What a waste of money.
Clearly you have not attended the Harvard and/or Wharton MBA program for Airline Executives. Had you done so, this acquisition strategy would make perfect sense. Makes those stock buybacks almost seem reasonable. 🤔