1. Unions Push Airlines to Promise They'll Avoid Stock Buybacks

    Unions Push Airlines to Promise They'll Avoid Stock Buybacks

    DALLAS (AP) — Labor unions are pressuring U.S. airlines not to buy back their own stock and instead to spend the money on hiring more workers and fixing problems that caused widespread flight delays and cancellations this summer...

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    1. We paused the greed in aviation for a little while.
    2. There is no plan to do any share repurchases. All of our excess liquidity will go to pay off debt.
    3. Our highest financial priorities right now are restoring our balance sheet and investing in our employees and customers.
    4. There is nothing inherently wrong with a buyback. It just gives shareholders a return on their investment.
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