Originally Posted by
sailingfun
Just to clarify but I think you know this. delta predicts up to 7 billion in revenue by 2023. That is a increase of 3.5 billion from current revenue generated. Those numbers however are not profit. There are large costs associated with the program. Using a typical 15% return the 3.5 billion should up Delta’s profit 525 million dollars a year. That’s a massive increase but does not sound as good as your 7 billion number. Stating they will be making 7 billion is flat out incorrect. Revenue is not profit.
The articles I read say the American Express money is mostly profit.
Love you predictable attempt to water it down for management.