Originally Posted by
Bill Lumberg
That's called leverage Carl, something DALPA/ALPA has failed to use to better our lives just recently infect. We knew the company wanted to get SOC done as quick as possible, mostly for Wall Street. We could have and should have asked for more, but instead we were promised MORE for LATER, after the $2 billion in synergies were realized. Instead, we got a substandard joint contract and now Delta will make $2 billion in baggage fees for this year and last. I think the accountant Pineapple Guy could even agree with that.
Did anybody on this forum take accounting 101 ? The bottom line is net profits and I believe this year it will be around 900 mil. Without baggage fees it would be a loss.