Pilots bad. Pilots greedy. Union bad.
04-03-2020, 07:41 AM
#101
Gets Weekends Off
Joined APC: Mar 2017
Posts: 252
NYT just out with a story on CEOs reluctant to take fedaral aid due to conditions.
...But on Wednesday, the unions that represent flight attendants at several major airlines urged Mr. Mnuchin not to exercise his power to take stock in the airlines. They argued that if he did so, he could scare off executives from accepting the aid, which would, in turn, mean more layoffs...
...But on Wednesday, the unions that represent flight attendants at several major airlines urged Mr. Mnuchin not to exercise his power to take stock in the airlines. They argued that if he did so, he could scare off executives from accepting the aid, which would, in turn, mean more layoffs...
04-03-2020, 07:43 AM
#102
Gets Weekends Off
Joined APC: Mar 2017
Posts: 252
04-03-2020, 08:21 AM
#104
Rerouted On Weekends
Joined APC: Oct 2015
Position: 717A
Posts: 2,937
Originally Posted by FreightWasScary
So our wholly owned regional pilots in NYC are getting the month of April off with pay...... I’m beginning to scratch my head on how Delta pilots are being treated throughout this entire thing.
04-03-2020, 08:30 AM
#105
Gets Weekends Off
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,032
Originally Posted by TED74
Full disclosure: I'm a pilot with an aviation degree.
I understand how dividends move money/profits to shareholders (or in our case, how it used to). But I'm not sure I understand how $1.3B of the $1.6B was "returned to shareholders" via share repurchase. What does that actually mean in layman's terms?
If I sell $1K of stock back to Delta, is that being classified as "returning money" to me? It's not like that is profit or earnings to me, the seller...I just got my money back - could be more or less than I invested. And if the company repurchasing this stock is doing so with borrowed money, how is that an improvement to the balance sheet?
I understand how dividends move money/profits to shareholders (or in our case, how it used to). But I'm not sure I understand how $1.3B of the $1.6B was "returned to shareholders" via share repurchase. What does that actually mean in layman's terms?
If I sell $1K of stock back to Delta, is that being classified as "returning money" to me? It's not like that is profit or earnings to me, the seller...I just got my money back - could be more or less than I invested. And if the company repurchasing this stock is doing so with borrowed money, how is that an improvement to the balance sheet?
04-03-2020, 06:27 PM
#110
:-)
Joined APC: Feb 2007
Posts: 7,339
Originally Posted by TED74
Full disclosure: I'm a pilot with an aviation degree.
I understand how dividends move money/profits to shareholders (or in our case, how it used to). But I'm not sure I understand how $1.3B of the $1.6B was "returned to shareholders" via share repurchase. What does that actually mean in layman's terms?
If I sell $1K of stock back to Delta, is that being classified as "returning money" to me? It's not like that is profit or earnings to me, the seller...I just got my money back - could be more or less than I invested. And if the company repurchasing this stock is doing so with borrowed money, how is that an improvement to the balance sheet?
I understand how dividends move money/profits to shareholders (or in our case, how it used to). But I'm not sure I understand how $1.3B of the $1.6B was "returned to shareholders" via share repurchase. What does that actually mean in layman's terms?
If I sell $1K of stock back to Delta, is that being classified as "returning money" to me? It's not like that is profit or earnings to me, the seller...I just got my money back - could be more or less than I invested. And if the company repurchasing this stock is doing so with borrowed money, how is that an improvement to the balance sheet?
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