$292,000
08-07-2019, 12:12 PM
#51
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,262
Originally Posted by 80ktsClamp
Isn't that like putting a turbine engine on a Cessna 152?
08-07-2019, 01:01 PM
#52
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Joined APC: Nov 2013
Position: A320 Left seat
Posts: 2,580
Originally Posted by Highfive
Market cap on DAL et al will be worth a whole lot less very soon. I admire the concept, but now is not the time nor would it ever happen.
08-07-2019, 02:50 PM
#53
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Joined APC: Aug 2007
Position: Always Fly With Favorite Captain
Posts: 376
Looks like OP's proposal isn't gaining traction with this crowd.
Meanwhile, I'll wait with popcorn ready for somebody to post something about spending $292K on boats, airplanes, and/or mistresses.
Meanwhile, I'll wait with popcorn ready for somebody to post something about spending $292K on boats, airplanes, and/or mistresses.
08-07-2019, 07:27 PM
#54
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Joined APC: Feb 2015
Posts: 319
Originally Posted by Big E 757
I’m curious why you say this?
https://goldprice.org/
All signs point to impending recession on the horizon.
08-08-2019, 10:34 AM
#55
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Joined APC: Dec 2017
Posts: 2,767
Originally Posted by Broncos
https://ycharts.com/indicators/10_ye...reasury_spread
https://goldprice.org/
All signs point to impending recession on the horizon.
https://goldprice.org/
All signs point to impending recession on the horizon.
08-08-2019, 10:36 AM
#56
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Joined APC: May 2015
Position: A350 Both
Posts: 7,292
Originally Posted by Broncos
https://ycharts.com/indicators/10_ye...reasury_spread
https://goldprice.org/
All signs point to impending recession on the horizon.
https://goldprice.org/
All signs point to impending recession on the horizon.
08-08-2019, 10:44 AM
#57
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Joined APC: Jul 2010
Position: window seat
Posts: 12,522
Originally Posted by JamesBond
Delta is better positioned to weather a recession than any of our competitors. We will see if management's philosophy will pay off, but if the propaganda is correct, UAL and AAL will be burning the furniture and we will be putting the hammer down.
Bonus points if they then issue additional shares at very low prices.
08-08-2019, 11:17 AM
#58
:-)
Joined APC: Feb 2007
Posts: 7,339
Originally Posted by JamesBond
Delta is better positioned to weather a recession than any of our competitors. We will see if management's philosophy will pay off, but if the propaganda is correct, UAL and AAL will be burning the furniture and we will be putting the hammer down.
08-08-2019, 11:34 AM
#59
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Joined APC: May 2015
Position: A350 Both
Posts: 7,292
Originally Posted by gloopy
No bull market lasts uninterrupted forever, especially in a fiat debt system. There will be recessions, and that shouldn't be a big deal for any well run company especially with this many consecutive years of record shattering prosperity. If we ever truly fall on hard times again, it will be directly attributed to the mass quantities of stock burnbacks.
Bonus points if they then issue additional shares at very low prices.
Bonus points if they then issue additional shares at very low prices.
08-08-2019, 01:15 PM
#60
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Joined APC: Jul 2010
Position: window seat
Posts: 12,522
Originally Posted by JamesBond
Naaah. These stock buyback.. while I personally detest them... are not hurting the future bottom line. One could make the case that putting all that cash into the bank would be more detrimental.
Profit sharing and these kinds of numbers are making everyone think its the new permanant normal. The entirety of the history of the industry suggests otherwise. IMO we will rue the day we lit 14 Billion (and counting) on fire for temporary exec flipper compensation.
SWA almost put 1-2 legacies out of business forever on what, a mere 1B a year advantage? We're burning so much we borrowed to burn more. I'm not making an all or nothing absolute on this. I just think the amounts so far have been very excessive and one day we will wish we had a quarter of that money back.
