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Welcome to Flightinfo.com
- Register now and join the discussion
- Modern secure site, no 3rd party apps required
- Invite your friends
- Share the passion of aviation
- Friendliest aviation community on the web
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M
Delta swings a net profit of $55 million for FEB
I never intended to infer that they were trying to “trick” investors. However, most investors (term used loosely) either don’t take the time or have the knowledge to sift through the many SEC filings and other sources of info which usually prove to be inaccurate to begin with, just look at all...- Matt Foley
- Post #12
- Forum: Majors
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M
Delta swings a net profit of $55 million for FEB
The point is they never made 55 million in February. With enough high paid accountants and lawyers you could show a profit or loss depending on what you are trying to accomplish in the near future. So Delta wants to build confidence in the investors to receive a premium for the upcoming stock...- Matt Foley
- Post #10
- Forum: Majors
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M
Delta swings a net profit of $55 million for FEB
Delta makes a profit? This company is worth 10 or 12 billion dollars and ekes out 55 million in profit. How much money did it take to make this? Their profit margin is razor thin and any small bump in the road will upset the apple cart, (higher fuel cost, labor, competition, lower demand)...- Matt Foley
- Post #5
- Forum: Majors