Originally Posted by
sailingfun
Your points are valid except for one point. This company is in survival mode. You can deny that all you want but it does not change the facts. In 2002 and 2003 Delta lost 2.7 billion dollars total. They were never able to recover and filed chapter 11. We lost that much money or more in Apr and May. We are currently losing 2.7 billion a quarter! Traffic in 2002 after 911 was down 10% from 2000 the best year in Delta’s history and it was devastating. We are done 70% now. Thus does not even get into yields which are also horrid. We are carrying 30% loads while charging half of what we were a year ago. If that’s not sobering what can you say. Frankly I am stunned that all the company is asking for is a ALV reduction to partially offset the cost of not furloughing.
This management is not walking the walk then for "survival" mode. When I see death throws of a company; I'll believe you. Right now, lots of doom talk from people like you. Delta is not finished by a long stretch.
Peer wise we are in pretty good shape. The .gov is not going to let their airline industry - a strategic pillar - go under. Give the doom porn a rest for now. We're on to the ALV game from management. Let's see how this shakes out.