Originally Posted by
tsquare
I'll agree with you and disagree at the same time. While we are making lots of coin on fees and such, and yes it is true that everything that goes in the belly has a price attached to it (except the "courtesy checking" that goes on at the gate), I think it is best viewed like an old FDX friend told me once. He said "When you divert, you inconvenience a couple hundred people. When I divert, I inconvenience 250,000 people."
That being said, it is management's goal to have DAL viewed on Wall Street in the same vein as FDX/UPS/UNP etc... and not with SWA/AAL/UAL.
I will agree and disagree as well.
Agreed with the statement management wants to make to the Street.
However, if I had time I'd research this little fact, as gruesome as it might be, yet illustrative. (Headed back to the salt mine.)
How much did BHM cost UPS in payouts?
What about that unfortunate and hard to watch MD11 crash in NRT?
Or perhaps the incident that destroyed the MD10? In MEM?
How much did the last major airline crash with significant fatalities of passengers cost in payouts? Thankfully, and knock on wood, we haven't had one in awhile. Might have to extrapolate data from perhaps 191 and adjust it to today's dollars.
This week in Bloomberg Business Week, I know, lots of "studying" going on to "stay awake"
the department of transportation has put a figure on human life at $9.3 million per I believe. Part of the GM ignition key debate going on.
FYI. Ball park $1.76 billion for a full 757