Did you ever wonder what goes on when the CEO of a big corporate airlines like Alaska Airlines reports directly to international investment companies about how the company is doing?
The way these calls usually work is a very official-sounding moderator ceremoniously first announces the CEO. After he paints a rosy picture of quarterly and, in this case, year-end earnings, the moderator solemnly announces each investor in turn for questions. This is when the formal tone breaks down. The investors and executive staff fall into a relaxed easy-going Q&A – often calling each other by first names. It sounds like old friends knocking back a few beers and slapping each other on the back congratulating each other for a job well done. Continue reading