Originally Posted by
strfyr51
************************************************** ******
Is this $1B a Loss in Potential sales?? Or is this just a paper loss like writing off "Goodwill"?? I've heard this comment recently again by Managment but they can't actually produce any hard document that confirms any such number. It's kind of like calling sime one a "Bigot" or a "Queer". How are they going to PROVE they're not?? Some of these Nebulous statements made recently need to show some PROOF of Authenticity. I think they're designed to get the pilots all riled up in preparation for running a "scam" them at the bargaining table, using Outsourcing as a "red herring" to gain something ELSE they value MORE.
I've said it before. You guys aren't playng cards with Dummies. You need to be as smart and as "cunning" as the "Assassins" you're siting across from. Good Luck!
No, this was the yearly profit/loss total over a 10-year period as reported in their year-end filings. The ones that say CAL made XXX for the year of CAL lost XXX for the year. Combining all those yielded the number he stated. I don't think he was stating some abstract figure.