October 19, 2017: Air Passenger Liberation Day in America?

Discussion in 'American Airlines | AAdvantage' started by ahappyelite, Oct 19, 2017.  |  Print Topic

  1. ahappyelite

    ahappyelite Silver Member

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    Well the nations flyers were surrounded: Snot nose Wall Street analysts who know little about aviation and could care even less demanded that the cartel create a noxious product where maximizing profit was the one and one thing only that counted. The arrogance and hubris was on full display-the moxy of the flying public was totally discounted. An extraordinarily complex scheme was devised to carve up the nation. Well, today, in a stunning reversal of fortune, the balance of power was dramatically reversed: the cartel got their clocks cleaned as billions were wiped off their market cap as America delivered a giant verdict: you suck! Wall Street sharks were seen swimming away in all directions. American consumers are the rulers here: nothing happens without them, a costly lesson for those betting against them. A balance sheet and an algorithm are worthless where customers demand choice. Was the cartel's Berlin Wall pulled down today? Time will tell. But we are too great a country to accept the rubbish offerings Wall Street betted so heavily we would be forced to accept. Absolutely no credit accrues to our pathetic federal government and corporate media. This was wallet power!!
    https://www.cnbc.com/2017/10/19/uni...ceo-says-we-have-dug-ourselves-in-a-hole.html
     
    Last edited: Oct 19, 2017
  2. ahappyelite

    ahappyelite Silver Member

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    Outsmarting themselves?
    aa market cap 7/2015. 35B
    Today. 24.7B
     
  3. ahappyelite

    ahappyelite Silver Member

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    Another one and a half billion sheared off the market cap in a few days as passengers give the bird to the airlines.
    Market cap now 23.1b
     

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