Raymond James
02-27-2017 | 10:18 PM
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From: ir.delta.com
Raymond James
Delta Air Lines will present at the Raymond James 38th Annual Institutional Investors Conference at 8:05 a.m. ET on Monday, March 6, 2017.
A live webcast of this event can be accessed via the internet at:
http://wsw.com/webcast/rj104/dal
The online replay will be available at the same site shortly after the webcast is complete until March 13, 2017.
A live webcast of this event can be accessed via the internet at:
http://wsw.com/webcast/rj104/dal
The online replay will be available at the same site shortly after the webcast is complete until March 13, 2017.
03-06-2017 | 05:57 AM
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From: ir.delta.com
Replay now available. Via the above link.
Slides.
https://www.sec.gov/Archives/edgar/d..._8k-ex9901.htm
Slides.
https://www.sec.gov/Archives/edgar/d..._8k-ex9901.htm
Last edited by notEnuf; 03-06-2017 at 06:33 AM.
03-06-2017 | 06:09 AM
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From: A350
03-06-2017 | 06:45 AM
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Looks like mixed news. Debt down to 16 billion which is good. Domestic ops strong and will see a capacity increase. Pacific in the toilet and will see a 7% reduction. Latin America showing recovery and 3% growth. Europe under pressure but summer travel season should be strong and capacity will be neutral.
RASM still falling but trend is better. Will fix in 2nd quarter. (That makes about 10 straight quarters that it will be fixed next quarter)
Overall hoped for 17 to 19% margins but looking at 15% verses 16.5 last year.
I would say 15% if we achieve it is a solid performance given the world situation. PS will be lower however.
RASM still falling but trend is better. Will fix in 2nd quarter. (That makes about 10 straight quarters that it will be fixed next quarter)
Overall hoped for 17 to 19% margins but looking at 15% verses 16.5 last year.
I would say 15% if we achieve it is a solid performance given the world situation. PS will be lower however.
03-06-2017 | 07:00 AM
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From: ir.delta.com
Looks like mixed news. Debt down to 16 billion which is good. Domestic ops strong and will see a capacity increase. Pacific in the toilet and will see a 7% reduction. Latin America showing recovery and 3% growth. Europe under pressure but summer travel season should be strong and capacity will be neutral.
RASM still falling but trend is better. Will fix in 2nd quarter. (That makes about 10 straight quarters that it will be fixed next quarter)
Overall hoped for 17 to 19% margins but looking at 15% verses 16.5 last year.
I would say 15% if we achieve it is a solid performance given the world situation. PS will be lower however.
RASM still falling but trend is better. Will fix in 2nd quarter. (That makes about 10 straight quarters that it will be fixed next quarter)
Overall hoped for 17 to 19% margins but looking at 15% verses 16.5 last year.
I would say 15% if we achieve it is a solid performance given the world situation. PS will be lower however.
https://www.sec.gov/Archives/edgar/d...0876-index.htm
How can you say profit sharing will be lower? We only have 2 months data and the trend is improving. Not to mention gains in the "Other" revenue items. (JV, AMEX credit card, MRO, etc.)
PS will pay off when the core business isn't as "core" going forward. The "global capital efficiency plan" is alive and well. They change the descriptor every few months but they mean outsourcing.
Last edited by notEnuf; 03-06-2017 at 07:22 AM.
03-06-2017 | 07:21 AM
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03-06-2017 | 07:26 AM
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From: ir.delta.com
Next target.
http://seekingalpha.com/symbol/GOL
Last edited by notEnuf; 03-06-2017 at 07:41 AM.
03-06-2017 | 08:01 AM
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Paul said RASM neutral and second half recovery. Things must be good on the debt front because we just issued more of our own. Paul failed to mention that.
https://www.sec.gov/Archives/edgar/d...0876-index.htm
How can you say profit sharing will be lower? We only have 2 months data and the trend is improving. Not to mention gains in the "Other" revenue items. (JV, AMEX credit card, MRO, etc.)
PS will pay off when the core business isn't as "core" going forward. The "global capital efficiency plan" is alive and well. They change the descriptor every few months but they mean outsourcing.
https://www.sec.gov/Archives/edgar/d...0876-index.htm
How can you say profit sharing will be lower? We only have 2 months data and the trend is improving. Not to mention gains in the "Other" revenue items. (JV, AMEX credit card, MRO, etc.)
PS will pay off when the core business isn't as "core" going forward. The "global capital efficiency plan" is alive and well. They change the descriptor every few months but they mean outsourcing.
03-06-2017 | 08:35 AM
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From: ir.delta.com
Prasm is neutral year over year. That's not good news coming off a bad year. The only projection I saw for next year was operating margin. Which they project to be down from 16.5 adjusted(17.5 actual) to 15%. That generally correlates directly to profit unless there is a business expansion.
2016 was a bad year??? PRASM down, big employee expense increases, and we still matched our best year ever. Our definitions differ a little.
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