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Any "Latest & Greatest" about Delta?

Old 03-23-2014, 04:51 AM
  #152101  
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Originally Posted by Dorfman View Post
T it's ok I will save a seat for you on the dark side. After flying the baby bus I can't imagine shoehorning my self into a 737 cockpit.

I have flown with enough ex "Boeing or I am not going" types to tell you, once you go bus you never go back. Well until bigger pays better.
More money, more time off. Airplanes are mere little details.
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Old 03-23-2014, 05:07 AM
  #152102  
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Originally Posted by tsquare View Post
Boeing needs to price it's product to the competition. They have an arrogance about them that is inexcusable. Besides, the aircraft division is only a part of their business. They have many others that are very profitable. If support of their aircraft division is at taxpayer expense and American airlines expense, and directly benefits of foreign states and corporations, I say to hell with 'em, and I am a Boeing guy (hopefully) until I walk out the door.
It's about the jobs!
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Old 03-23-2014, 05:42 AM
  #152103  
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Originally Posted by buzzpat View Post
As the last, absolute last, bastion of aircraft development, I hope and pray that Boeing survives. Domestic industry does count.
Absolutely, but what's that got to do with the IM-Bank?

The EU would surely like to be rid of their IM-EXBank Facility also. Seems like we could make a deal to put ours away if they'll put away theirs. (then there's still the Brazilians and Canadians ... who Delta does do business with).

Don't understand why T-Square thinks Boeing's pricing is unreasonable. If you look at acquisition costs, since the Douglas people took over Boeing not only are the airplanes becoming Douglas products (failures from an engineering standpoint ... due to penny pinching on design...then getting killed on the back end) they are priced like Douglas products.

Boeing's not going out of business, but their Board needs to clean house over there

Over the past few quarters, Boeing has substantially improved its cash costs for the 787s, which averaged about $200 million, but that remains worlds away from the breakeven values which the company expects to achieve by 2015. Cash burn has improved by about $1 billion per year through 2015, according to UBS’ estimates, which now expects Boeing to go through $4 to $5 billion this year and next, and between $2 and $3 billion in 2015; this year, 787 cash drag will approximate $5 billion, as a $7 billion inventory build offsets a $2 billion advance draw.

Estimates indicate Boeing’s 787s will sell for an average $116 million per unit, a 48% discount to the average list price of $225 million. With 787-9 deliveries not expected until 2014, Boeing’s 787 physical inventory is expected to reach $900 million, with physical inventory then flattening out in 2014 as deliveries match production, while UBS expects a $900 million reversal in 2015 as deliveries move higher.
Boeing Bleeding Cash As 787 Dreamliners Cost $200M But Sell For $116M, But Productivity Is Improving - Forbes

Have to admit, that's a very Douglas like performance ... (MD90, MD11, MD95 ...)

I should short BA.
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Old 03-23-2014, 06:00 AM
  #152104  
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Originally Posted by Bucking Bar View Post
Absolutely, but what's that got to do with the IM-Bank?

The EU would surely like to be rid of their IM-EXBank Facility also. Seems like we could make a deal to put ours away if they'll put away theirs. (then there's still the Brazilians and Canadians ... who Delta does do business with).

Don't understand why T-Square thinks Boeing's pricing is unreasonable. If you look at acquisition costs, since the Douglas people took over Boeing not only are the airplanes becoming Douglas products (failures from an engineering standpoint ... due to penny pinching on design...then getting killed on the back end) they are priced like Douglas products.

Boeing's not going out of business, but their Board needs to clean house over there

Boeing Bleeding Cash As 787 Dreamliners Cost $200M But Sell For $116M, But Productivity Is Improving - Forbes

Have to admit, that's a very Douglas like performance ... (MD90, MD11, MD95 ...)

I should short BA.
Yep, they need to bring back Alan Mulally. look what he did for Ford.
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Old 03-23-2014, 06:01 AM
  #152105  
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Mulally-Mulally was hired by Boeing immediately out of college in 1969 as an engineer. He held a number of engineering and program management positions, making contributions to the Boeing 727, 737, 747, 757, 767 and 777 projects. He led the cockpit design team on the 757/767 project. Its revolutionary design featured the first all-digital flight deck in a commercial aircraft, the first two man crew for long range aircraft, and a common type rating for pilots on two different aircraft. He worked on the 777 program first as director of engineering and, from September 1992, as vice-president and general manager.[11]
He was later named as Vice President of Engineering for the commercial airplane group. He is known and recognized for elevating Phil Condit's "Working Together"-philosophy through and beyond the 777-program. In 1994, Mulally was promoted to senior vice president of Airplane Development and was in charge of all airplane development activities, flight test operations, certification, and government technical liaison. In 1997, Mulally became the president of the Information, Space & Defense Systems and senior vice president.[12] He held this position until 1998 when he was made president of Boeing Commercial Airplanes, Chief Executive Officer duties were added in 2001.[11]
Following the forced resignations of Phil Condit in 2003 and Harry Stonecipher in 2005, Mulally was considered one of the leading internal candidates for the CEO position.[13] When Mulally was passed over in both instances, questions were raised about whether he would remain with the company.
For Mulally's performance at Boeing, Aviation Week & Space Technology named him as person of the year for 2006.[5]
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Old 03-23-2014, 07:16 AM
  #152106  
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I keep forgetting that our "new" 777's are really over 20 year old designs, and Delta took delivery of their first 767 back in 1983, which makes that design well over 30 years old!

It sucks getting old!
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Old 03-23-2014, 07:47 AM
  #152107  
Sho me da money!
 
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Originally Posted by iceman49 View Post
It's about the jobs!
What about our jobs and the damage the Bank is doing to our future? Notice how many Norwegian 787 are being built? Look long term and our jobs will be exported just the same.... Boeing workers jobs are very safe when the foreign government supported airlines get stronger and we get weaker because of bad US policy........

This all stinks and IMHO we are facing the same fate as the US merchant marines........... Unfortunately I think it is inevitable. I will save what I can and enjoy the ride for now, fight the good fight, fund some ALPA PAC money...... Maybe ride out the last few years working as a subcontractor for a foreign carrier.......
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Old 03-23-2014, 07:49 AM
  #152108  
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Originally Posted by The Cavalier View Post
More money, more time off. Airplanes are mere little details.
There is nothing I like about the Flight control logic used by airbus however you're exactly right. In the end it's about money and time off.
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Old 03-23-2014, 07:51 AM
  #152109  
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The fact that foreign entities are getting US-subsidized financing where US carriers cannot is sickening. Especially in this era of "free markets," and "free trade." It's not supposed to be fair or make sense anymore, it's all about the lobbying.
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Old 03-23-2014, 08:00 AM
  #152110  
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Originally Posted by FIIGMO View Post
What about our jobs and the damage the Bank is doing to our future? Notice how many Norwegian 787 are being built? Look long term and our jobs will be exported just the same.... Boeing workers jobs are very safe when the foreign government supported airlines get stronger and we get weaker because of bad US policy........

This all stinks and IMHO we are facing the same fate as the US merchant marines........... Unfortunately I think it is inevitable. I will save what I can and enjoy the ride for now, fight the good fight, fund some ALPA PAC money...... Maybe ride out the last few years working as a subcontractor for a foreign carrier.......
Fig, the airline industry has done a very satisfactory job of losing jobs all on its own, some outside intervention...and a lot internal. My response was to the pricing of the Boeing product by another poster. I'm well familiar with what happened to the US maritime industry, and do believe that it could happen here with the likes of NAI and the push for foreign ownership.

PAC member for the past 30+ years/6 airlines later
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