What happens over 50 is a crapshoot. The numbers should support higher prices but we all have been through this before. However - I increased my holdings today based on my belief. However if I hold those extra shares past 50 is still a question.
Charts point upward and the numbers can support a much higher price. As they turn the cash generation into buybacks - the reduced number of shares will make the PPS alone increase by 25% along with the growth of a rash of new planes bringing down the average age of fleet. We have 5 years of growth ahead of us.
250 million buyback in 2015. The only question I have is will it go flying through 50 or stall. The earnings are great but the cash generation is even better. Growth continues at a faster then expected rate - and balance sheet gets better.