Old 03-02-2022 | 09:02 AM
  #448  
sailingfun
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Originally Posted by OTZeagle1
I assure everyone in the CEO chat boards, they all laugh at how clueless pilots are in finance. Maybe that is why so many of our number need age 65 or even now 67.

Alaska, financially is the healthiest carrier in the country, yes, let me re-iterat, Alaska Airlines is the most financially sound Airline in the United States. They have weathered 90 years in this industry while countless others have folded. Size to many of you is the only thing that matters. In this industry it guarantees nothing…ie Pan Am, Eastern, TWA, Braniff, and on and on. Alaska is in the drivers seat in this next round of consolidation. Most of you can not handle this fact because of your blinded by your disdain for our management. The entirety of VX merger debt has been paid, paid during some of the worst times in aviation history, paid easily.

Our max order has unbelievable value, our cost per aircraft is well bellow even SWA’s order. Looking back on it now AS management wishes it was an order of 300 MAX aircraft, we will never get that kind of deal again. We can complete with anyone, we can chip away at almost any transcontinental pairing we want, we grow Hawaii where we will see fit. In the end though, we will likely merge because that is what’s best for this industry and our shareholders.
The 4 years after the Alaska merger were the strongest financially in airline history. The two years post pandemic were not financially challenging with the government bailout.
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