Indulge in Life in America
Chapter 642: Forced helpless?
It's just that, in Yang Cheng's eyes, the idea of concealing the ears and stealing the bell is completely stupid, and it has strengthened his idea of cleaning after taking over Delta Air Lines!
In fact, when Delta Air Lines purchased that factory, the factory was in a state of storage, which can crack 185,000 barrels of crude oil into gasoline, diesel and jet fuel every day.
Long before the refinery was split into a trainer company, ConocoPhillips, to which the refinery was originally affiliated, had decided to unload the burden of the plant. The main reason was that the company had better refining facilities on the coast of New Jersey.
In order to sell the deal to investors, ConocoPhillips vigorously advocated that the takeover company could receive a $30 million grant from Pennsylvania ZF.
And the replacement value of the factory (referring to the total cost of repurchasing the same assets or rebuilding the same facilities) is as high as US$2.7 billion.
Therefore, the $180 million trainer factory is indeed a bargain, but their cost estimate does not include the unalterable environmental liabilities hidden in the land under the factory. However, in Yang Cheng’s investigation, the specifics of this liability were not found. The number should have been done by the management team led by Richard Anderson.
In addition to the fiasco of the refinery, this airline — perhaps the most well-managed airline in the United States — was a rare misstep.
Since Delta Air Lines emerged from the shadow of bankruptcy in 2007, the company has completed the deleveraging of its balance sheet, increased dividends, repurchased stocks, and actively cooperated with labor unions to become the top company in the industry.
In addition, smart actions have been implemented, such as the purchase of 49% equity in Virgin Atlantic. This investment brought Delta’s net income in 2014 to an estimated US$2 billion. In the last three years, the company’s stock The price has increased by 400%.
So apart from the big failure of acquiring a refinery, Delta Air Lines has done what it can do better.
As Richard Anderson said next, "The U.S. aviation industry is still in a difficult situation, gradually falling out of favor with investors and being mocked by consumers.
However, Delta Air Lines has been able to do its own thing. We have achieved sustained profitability, brought returns to our employees and shareholders, and continued to invest in providing customers with the best service in the industry.
We are stronger than ever. This is closely related to our unique culture, talents and strategy. Our team insists on applying innovative thinking throughout the entire organization every day.
In most cases, Delta Air Lines chooses to take a path that few people take. We insist that teamwork is the reason for these initiatives.
There is a popular saying in the company: Get in groups and go hunting.
From the management to the front-line employees, we are a team to face every challenge and opportunity. Every member of the team can feel their own value. This ability of teamwork allows us to always be creative. Surprisingly win.
This kind of culture is the unique corporate culture of Delta Air Lines. We bring innovation back to the aviation industry-an industry that was once famous for innovation.
Now, Delta Air Lines is one of the healthiest and most profitable airlines in the world, with outstanding performance in data such as flight punctuality, avoidance of flight cancellations, baggage handling and customer service.
These achievements have benefited from Delta's new thinking on organizational structure and operations, as well as the company's determination to engage its employees to build a first-class airline.
At present, Delta Air Lines has returned to the Standard & Poor's 500 Index. After years of wandering, we have become the industry leader again.
After Delta Air Lines welcomes its new owner, being able to continue to innovate is my greatest expectation for the company's future. Thank you, I am finished. "
As soon as the voice fell, the reporters gave the warmest applause, and some whistles followed. The reporters paid tribute to the CEO who handed in a nearly perfect transcript during his tenure. It also represented the public’s appreciation for the past. Recognized by Delta Air Lines for several years.
The host tried several times to calm everyone down but failed. Everyone took the initiative to stop their hands. After the venue was calm again, the host took the right to speak with a warm smile, "Thank you, on behalf of Mr. Anderson, thank you Enthusiasm, your applause is the greatest comfort to Mr. Anderson.
However, as Mr. Anderson said, time is constantly advancing, and Delta Air Lines will usher in its new owner. Next, I ask everyone to show their passion and welcome the chairman and CEO of 4D Space; the founder of New Times Media; Yuanshan Director of Capital; also the new executive director of Delta Air Lines, Mr. Yang Chengyang, making a speech~"
Compared to Richard Anderson, Yang Cheng is undoubtedly the child of the Big Apple City. Seeing the young talents from the old rival California, New Yorkers always feel uncomfortable, and finally figured out a young man who can compete with Silicon Valley. New Yorkers are naturally particularly pampered.
As a result, the applause that had just fallen shortly again rang out again~www.wuxiaspot.com~ They were welcoming their children. Their children acquired one of the world's largest aviation companies. This alone is worthy of their red slap.
"Thank you~Thank you~" Yang Cheng put on a gentle smile, like a dazzling idol star standing on the stage, thanking him non-stop, his gaze swept across the dark crowd below the stage, from time to time at a certain station The SLR lens is more than a V. This scene was seen by Richard Anderson behind him, he curled his lips in disdain, and muttered, "It will be a show~"
Yang Cheng naturally couldn't hear Richard Anderson's irony. After the applause slowly fell, he smiled and said, "I saw a lot of acquaintances, how are you doing recently?"
As always, the witty freehand brushwork and the familiar opening remarks quickly made the reporters find a familiar feeling. As Yang Cheng said, everyone had a lot of opportunities to meet each other. After all, every time Yang Cheng held a press conference, the location They were all in New York, and the reporters who were based in the headquarters naturally knew him no more.
There was a chuckle at the scene, and at the same time there was a shutter sound like a machine gun. Yang Cheng continued, "To be honest, I shouldn't be here today. Instead, my father personally convened this acquisition led by Yuanshan Capital. ."
After a pause and spreading his hands, he pretended to be helpless and said, "Unfortunately, my father is lazier than me. Just to let me attend the press conference for him, he temporarily gave me the name of an executive director. Is there anything more depressing than this?"
There was another burst of laughter. This time everyone's laughter came from the heart, with a bit of ridicule. Yang Cheng ridiculed Yang Cheng with one hand!
And Richard Anderson behind heard this and almost vomited blood. After a long time of trouble, his immediate boss was forced out? Believe in your evil! (https://)
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