Originally Posted by
notEnuf
Delta has paid $10B+ in debt reduction in 6 years now saving $700M in interest a year.
$1.6B per year in debt reduction continues
$2B in shareholder returns per year continues
$1.5B+ invested in other airlines
$2B in fuel savings this year even after hedge losses
$2.5 -$3B annually into fleet, facilities and tech
$1B in pension funding (which 65% of pilots don't benefit from)
•Strong operating cash flow, combined with disciplined capital spending, produces sustainable free cash flow of $4-5 billion annually
Gee, that seems like a lot of money to throw around. Maybe even enough to give the pilots a decent contract. Or, take it to vegas and gamble on the ever losing oil futures. The oil thingy sounds more fun.