safety stud
Senior
- Apr 6, 2006
- 417
- 15
i'd say he's taken care of all three of those objectives l
1. he's taken care of employee's by seeing too it that most of us continue to HAVE a job in these tough times (unemployment rate has edged up to 6%)
2. he's mangaged to keep fares reasonable and you now have choices when you buy a ticket , do you WANT to pay an extra 10 dollars for that meal or checked bag ? well now it's up to you ...
3 . as for our share holders , our company is on firm finicial footing for now ... hence their stock isn't going to go away in a disloved company ...
Are you for real? The employee group has not been taken care of by any means... Look at the furloughs coming up... Yes I am going to have a job.... Yes I am thankful... that has nothing to do with it. Your employees make up the standard of the company, not the CEO's. It's the worker bee's that run the company, that hopefully bring the customer back. Mis-management from this company is at a size that would make Goliath cry. You have many labor groups without a merged contract from a merger that took place YEARS ago. DP is banking on the easts contracts that come from 2 BK's. Since the merger (not including this year of course) the company made almost 2 Billion in profit. Were did that money go... 2 days after the company started a-la carte the company announced stock incentives for its top EXEC's... Get real, he has done nothing to the employee's but take, take, and take some more...
As for the fares, simple, you want to make money, you charge what it costs to do the service... simple... Yet he doesn't... He is afraid of what the other carriers will do... When you go to the grocery store, you are paying more for your goods because it cost them more to provide it. Do we stop buying... No... We put up with the higher costs and deal with it... When you order a pizza for delivery do you now pay for a delivery charge? .... Yep... You want the pizza... Simple... If it cost's you $299.00 to fly passenger x to destination y... Charge the damn $300.00 and forget about it. People will pay... Other airlines will raise their prices also... Quit being afraid of what everyone else will do and worry just about yourself....
Firm Footing is a generailzed term. Just because the stock price is up a little bit is no guarantee the company is in great financial shape. Long term debt, A/C lease's, Jet fuel prices, etc. all play a part in the financial success of the company. As of the last Quarter the company only had a little over 2 Billion in unrestricted cash and credit. A company the generates 10 Billion in revenue and only has a fifth of its cash available is not in "Good Financial Shape"...
Just my Opinion...