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Old 04-16-2015 | 11:57 AM
  #3713  
EdGrimley
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On another note, better rush to a quick contract (TVOM and all that) and trade some of that profit sharing for a raise before profit sharing takes off upward and onward.

Jamie Baker - JPMorgan
"Today, I think it’s fair to ponder whether Delta might move closer to where others in the industry are as opposed to vice versa. I know you are philosophically in favor of profit sharing but would we be re-missed and if we’ve contemplating a revision bigger formula beginning in 2016?"

Richard Anderson - CEO
"You know we’re in the midst of negotiations with our pilots so it’s pretty mature to really comment on that. But our formula has really served us pretty well. I mean I think that we are working right now on our five year plan and there aren’t very many companies in the S&P 100 that are going to approach the kind of quality of earnings and the quality of cash flows we have with the structure that we have there."

Meanwhile during the historically worst quarter of the year....

Delta Air Lines posts $746 million 1Q net profit | Finance & Data content from ATWOnline
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