"Don't Tell Us How to Run Our Airline"
Oct 27, 2014, 7:25 pm
#1
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"Don't Tell Us How to Run Our Airline"
Looks like Wall Street is at it again, scourging at ways to line their pockets at the expense of everyone else.
This time it's Mr. Anderson who gets the flack. But he deflects it masterly.
http://www.msn.com/en-us/money/topst...ine/ar-BBablgg
This time it's Mr. Anderson who gets the flack. But he deflects it masterly.
http://www.msn.com/en-us/money/topst...ine/ar-BBablgg
Oct 27, 2014, 7:38 pm
#2
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The link is broken, but there are other articles in the financial web sites on the same topic. Hard as it is sometimes to applaud Delta, this is one time Richard Anderson is absolutely right to tell the analysts "piss off".
In the specific case of building up a big hub in SEA, Delta may be better off in the long-term to take some short-term losses on that city to beat up on AS.
In the specific case of building up a big hub in SEA, Delta may be better off in the long-term to take some short-term losses on that city to beat up on AS.
Oct 27, 2014, 8:03 pm
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Oct 27, 2014, 8:15 pm
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Oct 27, 2014, 8:17 pm
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Oct 27, 2014, 10:35 pm
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The link is broken, but there are other articles in the financial web sites on the same topic. Hard as it is sometimes to applaud Delta, this is one time Richard Anderson is absolutely right to tell the analysts "piss off".
In the specific case of building up a big hub in SEA, Delta may be better off in the long-term to take some short-term losses on that city to beat up on AS.
In the specific case of building up a big hub in SEA, Delta may be better off in the long-term to take some short-term losses on that city to beat up on AS.
Oct 27, 2014, 10:39 pm
#11
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MBAs have been accused of current quarter thinking, so looking ahead 3-6 months is an improvement.
Oct 28, 2014, 2:04 am
#13
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Nonetheless, SEA is a project that requires thinking several years in advance. Still, though, I have a nagging feeling that today's analysts would have blasted Boeing for moving ahead with the 707 and the 747, on both of which they essentially bet the company on success. Not to mention the gambles taken by airlines in the past in ordering new aircraft at the beginning of the jet age.
"Shareholder value" is a malleable concept; if the concern is the stock price in the next quarter, decisions can be made that will cripple the company down the road. Sometimes, the greatest payoffs come from companies that plunge profits back into new products with a payoff that is years off.
Oct 28, 2014, 8:15 am
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Good of the folks on Wall Street to chip in like that. I'm sure Delta will be quick to follow business advice from the same crowd that brought us the 2008 global financial meltdown.
Oct 28, 2014, 8:28 am
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"Shareholder value" is a malleable concept; if the concern is the stock price in the next quarter, decisions can be made that will cripple the company down the road. Sometimes, the greatest payoffs come from companies that plunge profits back into new products with a payoff that is years off.
