Originally Posted by
Columbia
Huh? Purely as a shareholder, I want to see the reduction in debt. This will firm up the balance sheet, provide better credit worthiness which impacts interest rates and ultimately help to increase share price. I think most other pilot and non-pilot shareholders would agree with the debt reduction.
^^^^^^^^^ Bingo
Only through a profitable company will we realize major
LONG TERM wage gains. Extracting a 65% raise may make guys like Carl rich but they will only last till the next down turn. When that comes then I along with the other bottom third will be on the street, the top guys will be back to previous levels of compensation, and Carl and his ilk will be laughing all the way to the bank.