Q3 results
10-10-2019 | 11:08 AM
#71
Banned
Joined: Sep 2016
Posts: 8,831
Likes: 499
10-10-2019 | 01:13 PM
#72
Thread Starter
Gets Weekends Off
Joined: Mar 2015
Posts: 13,216
Likes: 664
From: ir.delta.com
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.
10-11-2019 | 12:29 AM
#73
Gets Weekends Off
Joined: Sep 2015
Posts: 1,034
Likes: 2
From: I got into this business so I wouldn't have to work.
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.
10-11-2019 | 03:08 AM
#74
Banned
Joined: May 2018
Posts: 314
Likes: 0
10-11-2019 | 07:01 AM
#76
Gets Weekends Off
Joined: Feb 2008
Posts: 20,869
Likes: 187
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!
10-11-2019 | 07:09 AM
#77
Rerouted On Weekends
Joined: Oct 2015
Posts: 2,937
Likes: 0
From: 717A
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!
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!
10-11-2019 | 07:16 AM
#78
Gets Weekends Off
Joined: Oct 2009
Posts: 3,108
Likes: 0
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!
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.
10-11-2019 | 08:45 AM
#79
Banned
Joined: May 2018
Posts: 314
Likes: 0
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!
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!
10-11-2019 | 09:48 AM
#80
Gets Weekends Off
Joined: Feb 2008
Posts: 20,869
Likes: 187
Nope, I did request management reconsider their request to furlough pilots and told them that I would push DALPA to take the next scheduled pay raise and use the money to provide each furloughed pilot 3000 a month. The second part is what seemed to bother them. Sadly it seemed to bother pilots still working even more.
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