What Does A Stock Buy Back Mean At Delta?
07-18-2015 | 03:52 AM
#1
Thread Starter
Gets Weekends Off
Joined: Oct 2009
Posts: 3,108
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What Does A Stock Buy Back Mean At Delta?
It means:
Delta's profits are so large our executives have nowhere in the company to put these profits to use on:
1) Purchasing additional aircraft
2) Investing additional funds in facilities
3) Paying down additional debt
4) Investing additional funds in Delta employees
5) Eliminating concessions extracted from Dleta employees in bankruptcy that are (obviously) no longer needed.
To summarize, our executives are saying they have no use for this money so we are giving it back to our investors.
If our executive have billions and billions they have no use for,
THERE IS ADDITIONAL MONEY LEFT ON THE TABLE
There are billions in additional funds on the table.
Any DALPA leader who cannot understand this needs to be replaced.
Yesterday.
Delta's profits are so large our executives have nowhere in the company to put these profits to use on:
1) Purchasing additional aircraft
2) Investing additional funds in facilities
3) Paying down additional debt
4) Investing additional funds in Delta employees
5) Eliminating concessions extracted from Dleta employees in bankruptcy that are (obviously) no longer needed.
To summarize, our executives are saying they have no use for this money so we are giving it back to our investors.
If our executive have billions and billions they have no use for,
THERE IS ADDITIONAL MONEY LEFT ON THE TABLE
There are billions in additional funds on the table.
Any DALPA leader who cannot understand this needs to be replaced.
Yesterday.
07-18-2015 | 06:10 AM
#3
FlySmarterNotHarder
Joined: Feb 2006
Posts: 596
Likes: 1
From: fifi flyer
Stock buy backs and dividends are one of many ways company executives give themselves a raise. We should be getting paid (partly) in stock or stock options also if they are going to do this at this level.
07-18-2015 | 08:25 AM
#4
Gets Weekends Off
Joined: Apr 2008
Posts: 3,457
Likes: 0
From: LAX ERA
I wouldn't be interested in options (got burned by those at NWA
) but stock could be.........wait, Wall Street hates that idea as much as profit sharing. Get back to work you labor scum
07-18-2015 | 09:16 AM
#5
Mother’s finest
Joined: Dec 2007
Posts: 311
Likes: 8
From: 220A
If you think DAL stock and options are the best thing out there, you can always take your cash compensation and buy them. With 12000+ of us there are 12000+ versions of what the best way to use our compensation is. Why would you want it in anything other than cold hard cash that you can do anything you like with?
07-19-2015 | 06:04 AM
#7
Straight QOL, homie
Joined: Feb 2012
Posts: 4,202
Likes: 1
From: Record-Shattering Profit Facilitator
Let's get a viable TA without touching profit sharing. If it passes, then we can come back and talk about trading profit sharing. Then we know exactly what we're trading for.
It has to be a separate transaction.
It has to be a separate transaction.
07-19-2015 | 07:49 AM
#8
Gets Weekends Off
Joined: Dec 2014
Posts: 1,184
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The problem with options in the past is that there was a lock out period. If I could have those options place in MY brokerage and trade them at market open, I'd take them in a heartbeat. I'd even consider it in lieu of a pay increase.
07-19-2015 | 08:06 AM
#9
Mother’s finest
Joined: Dec 2007
Posts: 311
Likes: 8
From: 220A
After that, the only question to answer about the TA was- is a 15% pay raise worth the gives included. I can easily see why guys would say it wasn't. The gives were high profile and likely to elicit strong negative responses from the group regardless of what the costing info said.
07-19-2015 | 08:37 AM
#10
Gets Weekends Off
Joined: Apr 2008
Posts: 3,457
Likes: 0
From: LAX ERA
Yeah I might consider that too, we never were given that option at brand X. Isn't this the way the internet startup guys made a fortune early on?
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