Originally Posted by
Timbo
You don't think Delta's $Billion PER QUARTER is more leverage than the $1 Billion Delta made in all of 1999?
And how about the upcoming retirement wave? And the 1500hr. rule? You don't think that adds more leverage than we had in 1999-2000?
And what about the consolidated industry, fewer fare wars, record earnings. Is that not leverage?
And what about our 401K's in our name, vs. losing a DB plan if you walk? Is that not more leverage than we ever had in 1999?
I agree that all of these, except perhaps the 401(k) piece, provide us with leverage we did not have in 2000. The industry comparison is the one component that is still not as good as it was back then.
I'm hoping that, in aggregate, our leverage is higher now than it was then.