Originally Posted by
captnate702
When you buy back 30m in stock, the stock stabilizes. Board of directors also approved an additional 100m to buy back stock.
I’m still shocked Redmond referenced mid year for a new pilot contract. Who else heard that? Curious to see the transcript because that sounded like a flat out lie when he said…
Who cares they can simply attribute it to union intransigence. They’ve proven now they can shrink (a little) to profitability & meanwhile they have a $100MM/yr. break on pilot costs. This will go on for years.