Originally Posted by
gzsg
50% (and I believe it is 70% profit) of $7 Billion is $3.5 Billion in profits annually just from our American Express deal alone.
In my opinion we will see annual profits in excess of $10 Billion by 2023.
Again you neglect that we currently earn 3.4 billion. They expect to improve that by 3.6 billion to total 7 billion. Several analyst question that number and asked Delta management for details which they declined to provide. Using the most optimistic numbers out there Delta would see a 1.8 billion increase in profit not the 7 billion you claim. Delta management also claimed we would already be making 10 billion a year. They were off a bit.