• Delta CEO: Airline 'gained a lot of fans' for NRA stance

    From Support The NRA@21:1/5 to All on Sat May 26 06:34:38 2018
    XPost: alt.politics.kerry, alt.military, alt.vietnam.veterans
    XPost: alt.astrology.marketplace

    Delta dealt with multiple storms in the last quarter, but CEO Ed
    Bastian said the company weathered them all and "gained a lot of
    fans" in the face of its biggest blast: cutting ties with the
    NRA.

    Bastian spoke on CNBC's "Squawk Box" Thursday about Delta Air
    Lines Inc.'s (NYSE: DAL) strong quarterly results, booking
    demands, rising jet fuel prices, and the company's decision to
    cut ties with the National Rifle Association following the
    Parkland, Fla. school shooting. (See video above)

    Bastian was asked about his confidence in Georgia for businesses
    after Georgia legislature yanked a tax break on jet fuel sales
    that primarily benefits Delta following the company's decision
    in February to end its contract on discounted fares for NRA
    members. Bastian said he has "great confidence" in the state and
    Gov. Nathan Deal, much like the CEO did in a public memo
    released on March 2.

    "We felt the state legislature was pushing us with respect to
    some of our business practices to a place we weren't comfortable
    going and we pulled back," Bastian told CNBC. "As I said in my
    note, we're not for sale and I think Georgia is a great place to
    center business. We affirmed in my note that we're going to stay
    headquartered here in Georgia. This is home, and it's always
    going to be home for Delta, as far as I'm concerned."

    When asked about the impact on his business and advice he'd give
    to other companies taking these types of politcally charged
    positions, Bastian said:

    "In my years in this industry, I've never seen a topic that's
    delivered as much emotion as this one. And I've received tens of
    thousands of emails on both sides of the issue. Over the last
    month on this, I'd say 75 percent, if not more, have been
    positive; have been supportive of the stance we take. People
    respect the fact that we make our own decisions and stand by
    them, and we're not selling out relative to political interest,
    and I think we gained a lot of fans."
    The political climate hasn't been Delta's only concern as
    powerful winter storms in the first quarter of the year cost the
    Atlanta-based airline $44 million, according to the earnings
    report released today. Still, Delta reported record revenues,
    which Bastian said were driven, interestingly, by international
    travel, which outpaced domestic revenues.

    https://www.bizjournals.com/atlanta/news/2018/04/12/delta-ceo- airline-gained-a-lot-of-fans-for-nra.html
     

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