J.P. Morgan Industrials Conference at 8:00 a.m. ET on Tuesday, March 14, 2023. A live webcast of this event will be available at ir.delta.com.

https://ir.delta.com/events-and-pres...e/default.aspx

 

here's the link for tomorrow

https://jpmorgan.metameetings.net/ev...?gpu_only=true

 

Looks like a GAAP loss for Q1. They’re blaming those greedy pilots and their new agreement for a one time payment that’s costing $800 million or 6% operating margin.

Otherwise it would be a $200-$300 million in earnings on 4-6% margin.*

*While they’re calling it estimates that is some funny math if you ask me.

 

That's a shame. Paying labor is a cost of doing business.

 

United is also estimating a loss in Q1 as they seem to be accounting for some future costs of a new contract in advance.

 

Thanks. rellif

 

Saw this interview and thought It was interesting

[size=12pt]Delta CEO: The ten highest sales days in our history happened in the last 30 days[/size]

https://stocks.apple.com/A10EoVXDGRVuZLc0TGYtoVg

 

Well, I’m pretty sure we aren’t the only group to get a pay raise lately…….

 

https://www.cnbc.com/2023/03/14/mood...vironment.html

Anyone concerned about this?

Inflation up, bond yield down, uncertainty creeping into the banking system. Feels like 2008 all over again… except it’s not just the housing market this time. It’s everything!

 

The most interesting thing to me on the call was the evolution of the company. We went from being an airline, to the industry leading airline, to an industrial with several revenue streams, to a consumer brand, and the vision is additional delivery of consumer access via skymiles and viasat. I am soooo glad we have held the line on our share of the profits because as I've said in the past, the company will grow in ways we are not even imagining yet. This management team while maybe not the best operationally savvy or experienced in the nuts and bolts of operations, (yet they have the best performance metrics in the industry due to the lower management ranks, maintenance team, and crews) are visionary when it comes to the expansion of the brand and growth of the corporate entity which is what they are compensated very well to do.