That approach clearly worked out well for Delta. To the tune of -$40 million a year!
“That approach clearly worked out well for Delta. To the tune of -$40 million a year!”
I suspect that penalty won’t make it into the final legislation, at least that was the headline I glanced at. “Deal said he intends to sign the larger tax measure, which the full Senate is expected to vote on Thursday, in whatever form it passes. He said he will keep pursuing the jet fuel tax exemption as a separate issue.” (Deal is the governor.)
The best course for companies is to never cave to social pressure if they have already stated a position. It’s like turning your back on an aggressive dog, you’ll get bitten. I liked what the CEO of VW did when “activists” went after VW for naming a vehicle after a tribe that had owned slaves; Touareg. He said, presumably in German, “They can kiss my @ss.” And, that was the end of it.