Originally Posted by slowplay

Management already forecast an 8-12% drop in revenue from 2008 levels, so that leaves less cushion than the 20% number (which is correct) looks like on the surface.

As far as staffing, eliminating the freighter business will take up all of BP5/Section 12 staffing "shortages". The only real wild card is fleet utilization for the 757/767 domestic fleet and where those parked airplanes are coming from.

Still, I'd rather be at Delta than any other pax airline in the US. We may be somewhat isolated from the pain the rest of the industry will feel if the economy continues to muddle along and we don't enter a full fledged depression.