Originally Posted by
UCLAbruins
Delta is doing well, those pilots have a good contract, good salaries.
Depends on who you ask...the pilots want more, some of those guys over there have lost 50% of what they used to have. I'm glad they are finally starting to see the return come back to normal.
The thing that most scares me about Delta is how much money they have spent. I hope the oil refinery pans out, it was a bold, smart, and risky move. For every dollar they spend 43 cents is borrowed. More than any other airline in the US. Southwest is the lowest around 5-10 cents. Delta may look good on the outside, but it's the inside that has me worried. They consistently take money out on loan to pay for other loans, while things are getting better, they are paying close to 500 million a year just in interest. They are risking the farm right now that fuel prices don't go up and the industry continues to stay steady.