Originally Posted by
OldFlyGuy
AF/KLM I agree it needs fixing. But I also doubt the non compliance has cost us the bazillion jobs some think. Nevertheless, I expect a penalty and better future enforcement.
Do you have any reference that the company is out of compliance on this?
Originally Posted by
OldFlyGuy
I absolutely disagree with any notion we can function in this world solo. But I don't like that our JV partners always seem to need lots of big metal. And IMO DAL seems content to resell tickets. Eventually if we don't have the metal aren't we marginalized or expendable to the JV? Which puts us... solo. Hmm. UAL and AAL have better Intl venture partners than DAL IMO and it seems to be working to the "metal" benefit of all. I'm concerned about that. A lot. OFG
This is a good paragraph. What is also interesting is that DAL is taking a different tack than the other 2 in terms of debt/leverage. We are in good times. It will be interesting to see what happens to AAL and UAL when the economy takes a turn down. And contrary to what Jerry thinks, it WILL at some point take a turn. It might not be for awhile, but leveraging the mortgage is not a good idea in good times