Originally Posted by
irrelevant
As Comair is a wholly owned entity of Delta, Comair's profitability is completely controlled by how profitable Delta needs Comair to be.
There's a serious flaw with putting any amount of faith in the accuracy of numbers presented as "profit" or "expenses" in a corporate structure such as ours.
In other words:
If I "pay" my kid $100 a week but charge him $120 for room, board, and utilities, he's not profitable.
But if I decide to charge him $90 a week, viola... he's profitable!
First rule in the Delta house... Daddy cooks the books.