Originally Posted by
Waves
This just in: "Delta Air Lines says it will likely post a loss for the second quarter. Delta lost money on fuel hedges in May and June, which pushed its fuel costs for the quarter to $3.37 per gallon." Record profits indeed! BTW: I'm not predicting doom and gloom, I'm just hedging against it. Additionally, nearly everything in that last “doom and gloom” statement has already occurred. No “foolish” predictions are necessary. If you choose to ignore them, it is your prerogative. Oh, and one more thing: Most of what is happening in the world today is unprecedented. It’s not as benign and simple as you put it, “That is always crap going on and if you want to focus on that you can, but the fact is that the sky is not falling. What you wrote about the future boils down to foolishness really...” I’m glad you can sit back and relax without a care while the World is on fire. I truly hope that works out for ya.
So the world economy is crashing, delta is posting a loss, and yet, I'm being told to vote yes for this TA because we're going to grow mainline anywhere from 70 to 110 jets!
Even with DCI 450/325, that's a huge jump in ASMs.