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Originally Posted by Stephan Dupourque
If Ream did not feel a deal was going to get done with CAL, I would think he wouldn't be too high about buying stock back.
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I cant agree with that. The buy back in my eyes was a necessary evil. The company had to purchase the stock back as the stock has fallen more than 60% this year. It was a risky move to invest the cash that I believe, we'll need.
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Our CAL CPA is the biggest worry to investors, not branded flying.
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Likewise, this should be every pilot, employee, stockholder, or manager's biggest concern at this point. Without CAL feeding the airline a constant diet of guaranteed cash, I find it very difficult to fathom XJT would continue to exist.