Originally Posted by
Lobaeux
True, but investors aren't going to be real excited by "flat", they want to hear "growth" and I could be wrong, but he said orders for 737-900s and regional jets and deferred the 787 orders.
Doesn't sound to me that Delta is building up with WBs and growing, sounds like he's consolidating.
No, investors ARE excited by "flat" - it means higher RASM and more profits. Richard and Ed have been banging the "capacity restraint" drum for a while, and Wall Street seems to like it - stock is at a 52 week high once again. It's when airlines flood the market with seats that everyone loses money.
Delta won't comment on a widebody order because if they are making one, they are still discussing it with Airbus or Boeing. Don't want your big suppliers knowing what and why you are doing it. (other than talking points).