is a takeover possible, page-29

For years I've held on to the same logic. However, JB has proved time and again to be merely a marketing guy and spendthrift. The turnaround should have happened long ago. However, poor hedging, escalating costs (very generous EBAs), simply increasing revenue by acquisitions, massive high cost debt, never ending CR and dilution, running an international operation with just a few 777s, crazy number of different aircraft, etc. JB should have been sacked years ago. They need an ugly mother f**k*r like Joyce to clean it up.