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Old 17th Mar 2020, 15:39
  #375 (permalink)  
Smooth Airperator
 
Join Date: Jul 2009
Location: Coast to Coast...
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Yes, the industry wide practice of buying back shares to inflate their own share price needs controls around it. Share price is often the only metric in determining bonuses for execs and these people get greedy. Those profits should be placed into a rainy day fund or used to fund RPI linked pay rises. Personally, I think the govt should just pay every aviation sector employee their salary for the next year and screw the cancer that is airline management of today. A new demand will create supply and give us the opportunity to fix a lot of things that are wrong with this sector in the process.
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