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-   -   Q3 results (https://www.airlinepilotforums.com/delta/124524-q3-results.html)

PassportPlump 10-10-2019 03:58 AM


Originally Posted by notEnuf (Post 2901066)

Today, great quarter. Stock will get hammered today as we lowered our top line guidance for q4. Which Delta seems to do every quarter, and then beats the **** out of it.

https://www.prnewswire.com/news-releases/delta-air-lines-announces-september-quarter-profit-300936387.html

tunes 10-10-2019 03:59 AM

well we haven't passed last years PS yet. 1.25 bil through Q3 and 2018 total was 1.3 bil. Pre Tax profit was 2 bil for Q3

PassportPlump 10-10-2019 05:37 AM

If Wall Street doesn’t like our labor costs now. Wait until they see C2020!!!

Crown 10-10-2019 06:09 AM

not to be the optimistic one, but last year the total pool was 1.3B, we're currently at 1.25B and we're through Q3. Correct me if I'm wrong?

cni187 10-10-2019 06:13 AM


Originally Posted by Crown (Post 2901353)
not to be the optimistic one, but last year the total pool was 1.3B, we're currently at 1.25B and we're through Q3. Correct me if I'm wrong?

You’re trusting the opinion of pilots, some can’t even calculate a 3:1. No one will know what it is until the accountants release the data.

notEnuf 10-10-2019 06:40 AM

Profit sharing is up 27% year to date. My estimate is 17.85%.

sailingfun 10-10-2019 07:56 AM

16.3%, the overall higher payroll will dilute the percentage.

DWC CAP10 USAF 10-10-2019 08:30 AM


Originally Posted by cni187 (Post 2901361)
You’re trusting the opinion of pilots, some can’t even calculate a 3:1. No one will know what it is until the accountants release the data.

The Accountants did release it....each quarter.

Q1 they said $220M was set aside for PS
Q2 is was $518M
Q3 was $517M

Total to date $1.26B

Vincent Chase 10-10-2019 09:01 AM

This is probably for NotEnuf, but anyone else with knowledge should chime in: How does LATAM deal affect our bottom line WRT PS?

waldo135 10-10-2019 11:03 AM


Originally Posted by Vincent Chase (Post 2901478)
This is probably for NotEnuf, but anyone else with knowledge should chime in: How does LATAM deal affect our bottom line WRT PS?

Not sure we will pay anything this year. Still needs government approval from Chile? I think. As such, no hit on PS.


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