Originally Posted by
Carl Spackler
Richard, Ed and Campbell did that. That's why they referred to our contract as "cost neutral" during investment interviews. They went further to state that the savings realized by the pilots contract would allow them to invest in initiatives that benefit other employee groups at Delta.
We could all do that if we had the costing sheets agreed to during negotiations. Management has them and so does DALPA. Neither one will release them. If they did release the costing sheets, we could all do the math and see why it is that our management calls our contract "cost neutral."
Carl
Carl,
OK - so, what is the track record of your sources' reliability on the performance of the Oil Refinery and Fuel Hedging? How about capacity?
Everyone wants to know the future. Unfortunately, forward-looking statements are notoriously unreliable. There are also tremendous variables in how costing data is applied. If money were saved on aircraft maintenance and allocated to pilot pay, the net result could still (arguably) be "cost-neutral."
Originally Posted by Julie Sullivan-Greer, Managing Director, Investor Relations, Delta Air Lines
Today’s discussion contains forward-looking statements that represent our beliefs or expectations about future events.
All forward-looking statements involve risks and uncertainties that could cause the actual results to differ materially from the forward-looking statements. Some of the factors that may cause such differences are described in Delta’s SEC filings. We’ll also discuss non-GAAP financial measures. All results exclude special items unless otherwise noted.
Read more:
Delta Airlines' (DAL) CEO Richard Anderson on Q4 2014 Earnings Results - Earnings Call Transcript