Bernstein conference
#32
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,258
We are positive cash flow from operations but still losing money. Delta just gave second quarter guidance and expects a 1 to 1.2 billion dollar loss. Revenge will be about 50% of the 2nd quarter in 2019. Delta did state that expect a net pretax profit for the 3rd and 4th quarters based on a return in business travel.
#33
Gets Weekends Off
Joined APC: Nov 2014
Position: E170 CA/LCA
Posts: 621
We are positive cash flow from operations but still losing money. Delta just gave second quarter guidance and expects a 1 to 1.2 billion dollar loss. Revenge will be about 50% of the 2nd quarter in 2019. Delta did state that expect a net pretax profit for the 3rd and 4th quarters based on a return in business travel.
Correct me if I’m wrong but I think they stated they would be profitable in the month of June. Of course April and May overshadow the profit that will come from June.
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#34
Gets Weekends Off
Joined APC: Jul 2013
Posts: 10,032
They have also said they are paying down debt like the loans secured by slots
#35
Gets Weekends Off
Joined APC: Sep 2016
Posts: 6,716
#36
We are positive cash flow from operations but still losing money. Delta just gave second quarter guidance and expects a 1 to 1.2 billion dollar loss. Revenge will be about 50% of the 2nd quarter in 2019. Delta did state that expect a net pretax profit for the 3rd and 4th quarters based on a return in business travel.
If ALPA keeps them from getting the 35 RJs back on line, revenge will be about 200% of the 2nd quarter in 2019.
#37
Gets Weekends Off
Joined APC: Oct 2016
Posts: 324
We are positive cash flow from operations but still losing money. Delta just gave second quarter guidance and expects a 1 to 1.2 billion dollar loss. Revenge will be about 50% of the 2nd quarter in 2019. Delta did state that expect a net pretax profit for the 3rd and 4th quarters based on a return in business travel.
#40
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