Moose is absolutely right. The one thing this management team is good at is hiding money. They are also very good at spinning the facts in their favor (doom & gloom).
Look, I'm not blind to the crappy economy & the Boeing strike having an effect on ALK. But, this company is still very well poised for at least a small growth spurt.
They just want us to sign a garbage contract for the next 5 years. When the economy turns around, we'll be flying their airplanes for crap wages and even crappier work rules, as Saretsky further lines his pockets with money from our hard work.
Originally Posted by
Moose
Not quite. They are saying the group will have a third quarter adjusted profit but a GAAP loss. Last quarter this was reversed and they moaned and cried that the adjusted loss was what was important. Now they are moaning and gnashing their teeth saying the GAAP loss is what counts and the world is coming to an end. If only the pilots could give a little more....