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Old 09-10-2009, 06:38 AM   #14291 (permalink)
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JG started to give details about the commuter policy but then stopped himself. Suspect this is in negotiations now. He did say current policy was to get anyone to work and went on to say schedulers had direction to PS folks (during IROP) and he got the vertical head nod from the GM CR&P.

Thanks. I hope it's more than a bump in the number of days out that the J/S may be reserved (not sure how that would change anything at all). I've never actually had to use the "call in honest" policy, but I've had to pad my commute with some ridiculous amounts of time.
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Old 09-10-2009, 06:41 AM   #14292 (permalink)
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Delta Air Lines, Inc. - Google Finance


There.... it's all on there.
Wow. Big bump on the stock price today. Almost $8 bucks/share.

Perhaps I should say "big", though. Remember the days when airline stocks traded at $80+/share? <sigh> Anyone think those days will ever return?
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Old 09-10-2009, 06:51 AM   #14293 (permalink)
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Wow. Big bump on the stock price today. Almost $8 bucks/share.

Perhaps I should say "big", though. Remember the days when airline stocks traded at $80+/share? <sigh> Anyone think those days will ever return?
Back after Contract 96, I sold my options at $135 a share. It would be nice to see that by, oh, next year. And I am going to win the Powerball.
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Old 09-10-2009, 06:54 AM   #14294 (permalink)
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I also agree that we may see more 73N's. There may be a few on the used market in short order. For that fact is the price is right we may pick up a bunch of 777's, 320's or anything else for that matter.

The 90's in China are proving to be a little more difficult to obtain that we would like. That may leave the door open for other options.

I don't think Delta needs to order 737-800's if they want them. We take delivery of 28 in the next 18 months if I recall. They are however all planned for immediate resale and to not go into our fleet.
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Old 09-10-2009, 07:03 AM   #14295 (permalink)
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Looked up the actual numbers on the 737-800. Firm orders are 11 in 09, 21 in 10, 1 in 11.
Options are 10 in 2010, 24 in 11, 22 in 12 and 4 in 13.
We have additional rolling options for 116 737-800's.

I don't think we need to place any orders for more. We just have to quit selling the ones we are getting and exercise a few options. These aircraft were ordered and optioned a long time ago at very favorable prices. We are selling them at a profit.
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Old 09-10-2009, 07:04 AM   #14296 (permalink)
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I don't think Delta needs to order 737-800's if they want them. We take delivery of 28 in the next 18 months if I recall. They are however all planned for immediate resale and to not go into our fleet.
But resale to who? ILFC?
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Old 09-10-2009, 07:39 AM   #14297 (permalink)
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Well JP Morgan upgraded UAUA & LCC & their stock is skyrocketing. Apparently they feel BOTH will escape BK.



Shares of United Airlines parent UAL Corp. (UAUA: 7.8, 1.35, 20.93%) and U.S. Airways (LCC: 4.09, 0.509, 14.21%) soared double-digit percentages Thursday morning after the airlines were reportedly upgraded by analysts at JPMorgan Chase.

According to Dow Jones Newswires, JPMorgan analysts upgraded UAL to “overweight” from “underweight” and lifted U.S. Airways to “neutral.”

We now expected winter to pass with nary a bankruptcy in sight,” JPMorgan analysts wrote in a note, according to the wire service.

The bank also reportedly said revenue trends the past two months have been “modestly” better than expected and predicted air travel trends will “bounce around” until January when it assumes “gradual improvement begins.”


Shares of U.S. Airways soared 15% to $4.12, trimming its loss of more than 50% so far in 2009. Meanwhile, UAL saw its stock surge 21% to $7.81 but it remains down more than 41% year-to-date.

Despite expectations for improving air travel trends, JPMorgan downgraded JetBlue (JBLU: 6.16, 0.1, 1.65%) and AirTran (AAI: 6.73, 0.13, 1.97%) from “overweight” to “neutral.”
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Old 09-10-2009, 07:56 AM   #14298 (permalink)
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Well, we have seen this before. Richard's last man standing plan. Did not work then and ain't gonna now. If revenues don't rebound quick he will be looking for concessions or threaten ch 11. Maybe I am just being cynical.




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Well JP Morgan upgraded UAUA & LCC & their stock is skyrocketing. Apparently they feel BOTH will escape BK.



Shares of United Airlines parent UAL Corp. (UAUA: 7.8, 1.35, 20.93%) and U.S. Airways (LCC: 4.09, 0.509, 14.21%) soared double-digit percentages Thursday morning after the airlines were reportedly upgraded by analysts at JPMorgan Chase.

According to Dow Jones Newswires, JPMorgan analysts upgraded UAL to “overweight” from “underweight” and lifted U.S. Airways to “neutral.”

We now expected winter to pass with nary a bankruptcy in sight,” JPMorgan analysts wrote in a note, according to the wire service.

The bank also reportedly said revenue trends the past two months have been “modestly” better than expected and predicted air travel trends will “bounce around” until January when it assumes “gradual improvement begins.”

Shares of U.S. Airways soared 15% to $4.12, trimming its loss of more than 50% so far in 2009. Meanwhile, UAL saw its stock surge 21% to $7.81 but it remains down more than 41% year-to-date.

Despite expectations for improving air travel trends, JPMorgan downgraded JetBlue (JBLU: 6.16, 0.1, 1.65%) and AirTran (AAI: 6.73, 0.13, 1.97%) from “overweight” to “neutral.”
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Old 09-10-2009, 08:06 AM   #14299 (permalink)
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Back after Contract 96, I sold my options at $135 a share. It would be nice to see that by, oh, next year. And I am going to win the Powerball.

Wow. That's depressing. Especially considering that the $135 of 1996 is equivalent to about $200 today.

Frankly, I can't imagine anyone investing in airline stocks for any reason.
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Old 09-10-2009, 08:16 AM   #14300 (permalink)
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In the past, the union team has said, "Senior executives flatly refused our repeated proposals to operate 76-seat aircraft at the mainline with a competitive cost structure."

When our contract comes around for renewal and they ask for 100 seat flying, why can't we just say that WE flatly refuse to allow 100 seat flying at DCI. It's a two way street.
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