Alaska CEO pay !

[Old School 737]

http://finance.yahoo.com/news/Alaska-Air-CEO-09-pay-more-apf-3925927406.html?x=0&.v=3

 

[General Lee]

Yeah but if he sells the stocks he only gets about $2 million after taxes, and NOBODY can live with that pay in the SEA area. No way! He will make TEN times that if he does a merger with DL or SWA, though.


Bye Bye--General Lee

 

[Mookie]

Yeah but if he sells the stocks he only gets about $2 million after taxes, and NOBODY can live with that pay in the SEA area. No way! He will make TEN times that if he does a merger with DL or SWA, though.


Bye Bye--General Lee

Or finally take his seat at the board of PG&E so B-Rad can run this place like he wants too...

Mookie

 

[Mea25000]

This is Big Bill he plans on buying SWA or Delta!

 

[tico]

Not sure why you guys care.....You just gave him that unprecedented seal of approval with 87 some percent of you accepting the most concessionary contract in 3 decades......Stew in your own juice...I say if Bill can get it more power to him....

 

[General Lee]

This is Big Bill he plans on buying SWA or Delta!

Is this the same guy that puts you guys up at the ATL Airport (actually at a hotel on Virginia Ave) for your 25 hour layovers in ATL? Can't he afford to put you up downtown or somewhere a bit nicer? How about Buckhead?

Anyway, DL is now worth $10 billion, which is TWICE what CAL and UAL are, combined. If "Big Bill" wants to buy DL, he had better start saving and I guess he is doing that by putting you guys in krappy hotels.


Bye Bye---General Lee

 

[Old School 737]

How much debt does Delta have?

 

[mach none]

Not sure why you guys care.....You just gave him that unprecedented seal of approval with 87 some percent of you accepting the most concessionary contract in 3 decades......Stew in your own juice...I say if Bill can get it more power to him....

????

How was it concessionary? Just curious what your point of view pertains too?

 

[NWaviator]

Vomiting nickels and dimes becasue that is all we get.

 

[General Lee]

How much debt does Delta have?

Wow, that is a genius type question. I've got a couple for you. Which would cost more? DL or SWA buying AK, or United ordering 25 787s, 25 A350s, and options for 50 more of each? That is what United did, and you know they have the most debt compared to any legacy. So smartazz, which is it? Sounds like this business is a cash flow business and not one based on debt. You can ALWAYS add more debt as long as you have the current cash to pay the monthly charges. Not smart, but even our Gov't does that. Where have you been?


Bye Bye--General Lee

 

[Green Banana]

Congratulations Bill! Way to negotiate a contract. May we learn from your example.

 

[jhill]

Wow, that is a genius type question. I've got a couple for you. Which would cost more? DL or SWA buying AK, or United ordering 25 787s, 25 A350s, and options for 50 more of each? That is what United did, and you know they have the most debt compared to any legacy. So smartazz, which is it? Sounds like this business is a cash flow business and not one based on debt. You can ALWAYS add more debt as long as you have the current cash to pay the monthly charges. Not smart, but even our Gov't does that. Where have you been?


Bye Bye--General Lee

So Delta is no smarter than congress$ Hmmmmmm

 

[Old School 737]

Wow, that is a genius type question. I've got a couple for you. Which would cost more? DL or SWA buying AK, or United ordering 25 787s, 25 A350s, and options for 50 more of each? That is what United did, and you know they have the most debt compared to any legacy. So smartazz, which is it? Sounds like this business is a cash flow business and not one based on debt. You can ALWAYS add more debt as long as you have the current cash to pay the monthly charges. Not smart, but even our Gov't does that. Where have you been?


Bye Bye--General Lee

What is there dept load it's a simple question! You say that delta is worth 10B but how much debt would one get if they bought delta for that? Mr smarty! And even though united ordered airplanes I don't think they have paid for them yet!

 

[General Lee]

What is there dept load it's a simple question! You say that delta is worth 10B but how much debt would one get if they bought delta for that? Mr smarty! And even though united ordered airplanes I don't think they have paid for them yet!

Look above. Two mistakes in a row. Come on, maybe one is ok, but two in a row?

How could United make any order with their current debt? It's all about moving numbers around "creative" accounting. But, one thing is for sure, DL is currently worth $10 BILLION (market Cap). If Ayers wants to buy DL, he has to come up with atleast that much. That is the point. DL is more like the borg, and it is likely that the borg may want to absorb AK someday. Just accept it.


Here is part of an article from a previous thread about UAL/CAL Merger Buzz:


“The objective of being in business is to maximize firm value,” Cordle said. “Big airlines are coming up short in covering their average capital costs.”

He points to the Delta-Northwest merger's creation of a combined market capitalization of nearly $10 billion, close to double the current market capitalizations of United and Continental put together, a statistic United CEO Glenn Tilton quoted last week in an interview with the Financial Times.

“The investor seems to have spoken,” he said. “The market seems to have suggested that scope and scale in global business are important.”

According to Cordle’s valuations, a combination of Continental and United could generate enough in synergies to create additional $5 billion in value, moving the combined company into alignment with the new Delta.

“That is the only reason they should merge,” Cordle said. “I would argue that the opportunity cost of not merging is $5 billion.”



Bye Bye--General Lee

 

[msmb]

Bill is worth every penny, just ask him and he will tell you how good he is!

 

[Old School 737]

I apologize for any mistakes it's hard to type and hike in sunny SIT. But you did not answer my simple question how much dept does Delta have? I never said bill was gonna buy delta but with the big debt, I'm guessing that's why I want the number, can delta afford us!

 

[msmb]

Someone please shoot me in the head if Delta ever buys little old Alaska!! I will never work for "them" again!

 

[mach none]

Are you senior to me?

 

[General Lee]

I apologize for any mistakes it's hard to type and hike in sunny SIT. But you did not answer my simple question how much dept does Delta have? I never said bill was gonna buy delta but with the big debt, I'm guessing that's why I want the number, can delta afford us!

This comes from a CAL guy named Ben Franklin, so I don't know if any of this is accurate.


DAL market cap (as of MAR 10 2010): $10,450,000,000 (cal + ual combined market cap for same date: $6,270,000,000)
DAL total liabilities: $43,290,000,000
DAL net tangible assets: ($14,371,000,000)
DAL 2008 operating loss: ($1,707,000,000)
DAL average airframe age: 15.4 years




It sounds terrible I guess, but again, if you pay the payments, then you continue to play. That is what this business has become, a cash on hand business. The 2008 operating loss was a paper loss due to hedging, and cash on hand supposedly increased $400 million that year alone. When it comes down to it, if Ayers wants to let it go, he will, to the highest bidder.



Bye Bye--General Lee