I don’t think that is the idea behind a public company. If you want everything secret, then you stay private. Either way, it’s not so much “trade secrets” I’d be interested to hear but more perspective from someone “sharing the table”.

 

The Pilot Director almost always briefs the MEC in closed session at their meetings. In addition, I'm sure he is NDA'd up the you-know-what.

 

Chris is a great guy and very pro-pilot. If you reach out to him he will answer what he can.

 

They could just give it to me. Ill keep it safe for them.

 

That isn't at all how business works. Yet another example of not taking advice from pilots.

 

I won’t dispute that but how do companies do it any way? Apple for example.

Denny

 

Yeah I’m no expert and was corrected above, but I don’t think there are a lot of places with a trillion dollars to throw around. DL is worth 3% of that.

 

How does this constitute advice? That wasn’t advice at all. This would be advice; “buy delta stock because it’s undervalued, and bitcoin.....buy bitcoin too”

My point was that a public company goes public in order to have access to public funds. In doing so they’re subject to disclosure laws and have to maintain a degree of transparency and that if a company doesn’t want to be subject to, can stay private.

When someone above mentioned that 14,500 pilots have to keep a secret in order for information, my point was that I wasn’t looking for trade secrets (I doubt our rep is privy to them anyhow) or insider information but more perspective.

So tell me, how does “business” work? There are many ways a business works and what we are talking about is a public massive corporate business, perhaps you have some background in corporate law and governance?

 

True.

Apple market cap: $910B
Delta market cap: $37B

Berkshire Hathaway has been mentioned as a potential acquirer of Delta. They have about $112B in cash. They already own a piece of each. 10% of Delta and 5% of Apple. They could easily acquire all of Delta. Not Apple.

 

If Berkshire Hathaway were to fully acquire us stock buybacks would cease thus making some people happy on this forum. Ironically, our excess cash would go directly to Berkshire Hathaway thus making owners of Berkshire Hathaway stock happy.