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Originally Posted by waldo135
(Post 2901560)
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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Profit from the LATAM deal shouldn’t be much of an impact. Initially there will be conversion costs but EB has forecasted a $1B increase in revenue over the next 5 years. This will come with relatively low cost because of the ability of the eventual JV to better connect and fill each other’s seats, along with price and capacity control. Long term it will be a net profit generator but initial costs and approval of the deal will have some impact. Essentially what is good for our owners is good for our profit sharing but I wouldn’t count on any significant increase in delta metal operations. The reason we are buying them is to instantly have access to market share instead of growing into it.
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Originally Posted by notEnuf
(Post 2901622)
Profit from the LATAM deal shouldn’t be much of an impact. Initially there will be conversion costs but EB has forecasted a $1B increase in revenue over the next 5 years. This will come with relatively low cost because of the ability of the eventual JV to better connect and fill each other’s seats, along with price and capacity control. Long term it will be a net profit generator but initial costs and approval of the deal will have some impact. Essentially what is good for our owners is good for our profit sharing but I wouldn’t count on any significant increase in delta metal operations. The reason we are buying them is to instantly have access to market share instead of growing into it.
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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?
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Originally Posted by PassportPlump
(Post 2901857)
Hopefully sailing sees this and can ask Ed when they have their coffee this morning.
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Originally Posted by PassportPlump
(Post 2901857)
Hopefully sailing sees this and can ask Ed when they have their coffee this morning.
P.S. I got to have a sidebar with the VP of flight ops so it was two chats for the price of one letter! |
Originally Posted by sailingfun
(Post 2901942)
Actually I have had the opportunity to have a personal chat with the CEO at Delta. My chat came after I sent him a signed personal letter expressing my feelings concerning his planned furlough of pilots. I wonder how many Delta haters posting on here would send their posts in a signed letter to the CEO?
P.S. I got to have a sidebar with the VP of flight ops so it was two chats for the price of one letter! |
Originally Posted by sailingfun
(Post 2901942)
Actually I have had the opportunity to have a personal chat with the CEO at Delta. My chat came after I sent him a signed personal letter expressing my feelings concerning his planned furlough of pilots. I wonder how many Delta haters posting on here would send their posts in a signed letter to the CEO?
P.S. I got to have a sidebar with the VP of flight ops so it was two chats for the price of one letter! I’m sure the irony sailed (pun intended) right over your head. |
Originally Posted by sailingfun
(Post 2901942)
Actually I have had the opportunity to have a personal chat with the CEO at Delta. My chat came after I sent him a signed personal letter expressing my feelings concerning his planned furlough of pilots. I wonder how many Delta haters posting on here would send their posts in a signed letter to the CEO?
P.S. I got to have a sidebar with the VP of flight ops so it was two chats for the price of one letter! |
Originally Posted by PassportPlump
(Post 2902035)
I’m not a Delta hater. I am a pilot here and I enjoy working here. I am not a mouthpiece for the fourth floor though. After reading your post did you also request a party suite in HNL on Christmas circa 2-3 years ago?
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