Originally Posted by
MasterOfPuppets
you do know the difference between a paper loss and an actual monetary loss correct?
No kidding. Nothing like talking down the stock at JP Morgan transportation conference, then weeks later issuing the execs millions in options at the lower stock price just ahead of an optimistic earnings presentation and enjoying the 7% premium when the stock price pops as a result. All legal in America.
UAL paid down $5B in adjusted total debt in Q1 2023.