10-k 2020
#21
10-k 2020
They took a risk and it did not work out. I am fine with that, it happens all the time. I just hate the disingenuous part that they keep peddling that these losses are not that bad. And the fact they will all get bonuses this year, but made a big deal about employee appreciation not always being about money. They obviously care about getting extra money if they had to change the rules for their bonuses.
I agree with everything that you said.
I just hope the Aeroméxico CEO testified in court, “the only thing that keeps me up at night is that I wish we could’ve taken more money from Ed when we had the chance.”
#22
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,522
So what is DL's medium+ term sitch WRT the South American network after all this?
Giving up a lean(er) "domestic" (regional) network we could plug into with DL heavy metal (GOL) to get cutsey with a LATAM flip just to try and stick it to AA seemed to be a bad decision for all employees, even if it worked out for the EPS crowd, because DL would be inheriting a massive foreign widebody fleet. Now we see that we threw AA into the briar patch all along.
And what happens with VAus? Supposedly the code share is suspended, but they're an all 737 fleet now. 4-5 flights a day from major markets into DL's network is now 1 so when things recover is the plan to:
1. Just take the L and settle for 1 flight a day O&D to SYD with no feed?
2.a). Flex up the flying all on DL metal so DL does 4-5+ a day with no local feed?
2.b). Above, plus build up/tie into VAus as a narrowbody only feeder?
3. Pay mad money to ramp up VAus again so they can do it with their wide bodies?
4. Try and get cute and pump up QANTAS in a LATAM style move/switch so they can do it?
5. Pump up KA so they can do it through ICH?
6. There's no money in Australia?
Option 2 (a. or b.) seems highly unlikely just on general principle.
#23
Gets Weekends Off
Thread Starter
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,026
Thread
Thread Starter
Forum
Replies
Last Post