United Stole Another
 

So now they have two people with knowledge of our business plan and model.

Good thing we still have Doug, don't know what we would do with out his great skills in cost cutting and making things as cheap as possible.

If you can't keep your senior management its a very bad sign. I predict AA wants another Chap 11 in the next 5 yrs for solely a scope grab. Jan performance numbers show RJ growth up 7.3% Year over Year. This is a trend that is not going away.

I don't know the dynamics but him and Kirby may have been BFFs. He was former US, wasn't he?

I simply cannot believe they don't have any non-compete clauses. It just blows my mind. Any legitimate corp has this.

Call me nuts but I honestly believe that is why they aren't worried about paying off their debt, and why they continue to take on more to buy back stock. Debt is easy to cancel, if you pay it off that money is gone forever...

Idk if that's their reasoning. If it is we are all totally F'ed. I firmly believe they do whatever it takes to make the stock price increase. The top 5 execs have hundreds of millions in stock alone. Their number one job is to make shareholders happy.

They could care less about our strategy to deal with NAI, ULCCs, the ME3, or whatever the next threat is in 5,10, or 30 years.

I think the board is noticing all these things. We may see more changes soon.

Parker is the problem.
He's running it like crappy old america west.

All the major corps are playing the same game. Money is cheap right now therefore issue debt at staggering and alarming rates no matter the quality of the debt. The second leg of this stool is stock buybacks to goose earnings. Using profits to buyback its own stock to reduce the number of outstanding shares artificially increases quarterly earnings. It's where we are in the business cycle.

When a recession comes AA and all the other corps not just airlines will begin the belt tightening and the debt issuance and stock buybacks wont be in favor by wall st and it's analysts anymore.

They won't need that, the last guy I flew with was talking about giving up 5 more seats in the rjs to 'get something' in the next contract. "You gotta give something up to get something" he said.

These guys need to buy a Hoveround and move to del Boca Vista.