Superpilot92
LONGCALL KING
- Joined
- Nov 7, 2004
- Posts
- 3,719
Why would DAL hire? They are a massively sick cow at the moment. Saddled by $44 billion in debt and billions in losses. That is simply not a sustainable way to run a business. Unless the economy turns in a massive way, DAL will need to furlough to run a proper business. Not saying I agree with furloughs, I don't. But running a business is common-sense.
Thus far, the merger is a failure. Except for execs, all stakeholders lost money. Now perhaps they'll turn this situation around and it will prove to be a success. Time will tell. But considering the stock went down on the merger announcement and never recovered, coupled with the fact that they've done nothing but lose money ever since, I would call that a poor transaction.
I'm sure DAL pilots looking through rose-colored glasses will disagree. And why wouldn't they? They understandably want (read: need) this to work.
On the other hand, if the economy takes off from here like a rocket, which I doubt, then of course all airlines will expand and hire... DAL included.
Sick Cow??
Dont worry, your merger is next.
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