DGI Rates - Page 25 - Airline Pilot Central Forums

#241

theUpsideDown , 03-31-2019 12:23 PM

Gets Weekends Off

Quote:

Originally Posted by Mesabah

I knew I should have gone with meandering.

I believe Berkshire is working on Southwest at the moment, will be interesting to watch.

For whatever reasons airline stocks are back "in vogue" so you know what that means.

#242

Avroman , 04-01-2019 05:03 AM

Gets Weekends Off

Quote:

Originally Posted by Mesabah

I knew I should have gone with meandering.

I believe Berkshire is working on Southwest at the moment, will be interesting to watch.

According to friends working there, that rumor has been floating around for years. They own stock in SWA (as they do in several airlines) but supposedly there's no interest in buying SWA outright, they already own Netjets.

#243

GuardPolice , 04-01-2019 05:08 AM

Gets Weekends Off

Quote:

Originally Posted by Mesabah

The issue is not that the wage is unlivable, it's that the job is unstable. That's industry wide however, just ask a Braniff pilot. Also, Delta is wondering into corporate raider territory, the good times we've enjoyed the last few years can come to an end at any minute. In a few years Delta will be a $100 billion dollar asset company, that can be purchased for $20 billion in the next recession. Any hedge fund that is struggling with capital will be forced to buy these airlines, and sell of the pieces to raise cash.

This theory ignores the almost certain drop in profits and increase in debt during the same recession thus making Delta less valuable and more expensive for those raiders.

GP

#244

Mesabah , 04-01-2019 08:27 AM

:-)

Quote:

Originally Posted by GuardPolice

This theory ignores the almost certain drop in profits and increase in debt during the same recession thus making Delta less valuable and more expensive for those raiders.

GP

Actually, that's what makes them cheaper for the raiders. This has happened so many times through the years, that it is considered part of the normal airline business cycle.