Parker sells 20+ mil in stock.
 

Hey PSA, Parker today sold stock worth more than your entire payroll, please continue to entertain concessions in exchange for flying done by another carrier!

CEO Douglas Parker sells $20.3 million in shares of the newly formed airline.

http://m.barrons.com/articles/a/SB50...g=reno-barrons

A company sold some stock?? Someone call the sec this sounds fishy.

What is fishy are these jack wagons who screw with our lives and our company and couldn't really care less about the long term health of this company.

The stock was issued on December 9 and he's already dumping it.

Awesome.

Shows how much faith he has in the new company.

You missed the point. First he never said it was "fishy." I believe the point he was making was how much Parker makes and how much money the company makes yet concessions are being demanded by labor.

Second, and most importantly, it wasn't "the company" selling shares, it was Parker's shares. And to the credit of others who already stated it, typically CEO's and executives don't dump shares when they believe they are undervalued. The buying and selling of shares by a CEO requires reporting to the SEC, hence the news release concerning this event.

i believe all employees of AAG are selling there shares (that is all that parker is an employee), I did as many of my peers at eagle. we were subsidizing our concessions.

Looking forward to April 9 for the other half of the subsidies too.

clearly you don't know what you're talking about

Did I just hear the Steve Miller Band... "Come on take the money and run"

I heard it was more like Jimmy Buffet, Why Don't We Get Drunk, JIMMY BUFFETT - WHY DON'T WE GET DRUNK - YouTube and he was going down to St. Thomas to buy this yacht DESTINATION FOX HARB'R TOO | Trinity yacht for sale ? 49.07m luxury Motor Yacht , and talk business with Seaborne about those E175s.

http://media.ypigroup.com/cache/yach...harb-r-too.jpg


Either that or he was taking out the guys from Snack Gate at EGL for being railroaded by morons.