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Old 09-19-2010, 12:55 PM
  #48021  
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Memo I got about the FAA informing Delta Dispatch of ASIs being denied the jump seat.
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Old 09-19-2010, 01:53 PM
  #48022  
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"The pilots of Southwest support our Company's request for a free market process to take place regarding these open slots in two very key destinations," said Capt. Carl Kuwitzky, SWAPA President. "But we also support the benefit to the public of a low-cost carrier providing true competition for flyers in these markets."
I'm no economic expert, but wouldn't a free process be selling something you own without the government getting involved?
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Old 09-19-2010, 02:59 PM
  #48023  
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Originally Posted by Ferd149 View Post
Well..........for all fNWA guys, I just ensured that Delta will get rid of all the DC headclamps and install the telex. I just bit the bullet and ordered my Telex 850.

Oh, and FTB............since it was $400something, you can expect me to stay till 65.....so I can get my moneys worth

Thank me when you see me,
Ferd

PS Just saw this in another thread. Now I'm really pi$$ed.............Karma is a cold hearted mudder
Hey!? What did I say about 65? Ferd, you can stay as long as you want... the question is if you'll make it to 65 enjoying those NRT nights with Carl and Denny...



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Old 09-19-2010, 03:31 PM
  #48024  
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Originally Posted by forgot to bid View Post
Hey!? What did I say about 65? Ferd, you can stay as long as you want... the question is if you'll make it to 65 enjoying those NRT nights with Carl and Denny...



That's not NRT FTB....that's the crew lounge in LAX. Hopefully, nobody bid to come here on the AE. It sux.
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Old 09-19-2010, 03:34 PM
  #48025  
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Originally Posted by BlueMoon View Post
I'm no economic expert, but wouldn't a free process be selling something you own without the government getting involved?
GMAFB - free market process - like having the WH and DOT stack the market in your favor like they did in EWR?
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Old 09-19-2010, 05:00 PM
  #48026  
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Originally Posted by acl65pilot View Post
I do not know where SKW Inc or their pilots get the notion that they have enough cash on had to buy DAL. Our Market Cap is at 8.820 billion. Last time I checked they did not even have 1/8 of that in cash. Now when DAL was at 4 share anyone could have bought us. Plus, I beleive we have over 788,908,765 outstanding shares.
That is just the market cap. To buy the company, the buyer must add in debt. $20 billion or so in DAL's case.
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Old 09-19-2010, 05:04 PM
  #48027  
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Originally Posted by Razorback one View Post
That is just the market cap. To buy the company, the buyer must add in debt. $20 billion or so in DAL's case.
My point was to give the market cap for the outstanding shares. You can buy a company without buying out all of the debt, but you do have to take it over.

In the end the point was that it would be almost impossible for SKW to buy DAL without the boards concurrence.
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Old 09-19-2010, 05:05 PM
  #48028  
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Originally Posted by buzzpat View Post
That's not NRT FTB....that's the crew lounge in LAX. Hopefully, nobody bid to come here on the AE. It sux.
HA HA!

How about this?

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Old 09-19-2010, 05:07 PM
  #48029  
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Originally Posted by Razorback one View Post
That is just the market cap. To buy the company, the buyer must add in debt. $20 billion or so in DAL's case.
Actually they don't. All anyone needs to do is purchase or otherwise control 51% of the voting shares and the company is theirs. The good news is that I believe our management would implement some employee based poison pill plans that would make it very difficult for anyone to get 51%.

Carl
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Old 09-19-2010, 06:55 PM
  #48030  
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Originally Posted by forgot to bid View Post
HA HA!

How about this?

Well, except for the amazingly close semblance to Carl, this is me giving my book speech to an adoring college crowd. Actually, they're not so adoring normally, but the girls are hot. I wax eloquent.
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