Q3 earnings call
#21
Upon what (non partisan) data are you basing the sarcasm?
#23
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Joined: Sep 2016
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#24
How is leveling the global tariff playing field, calling out European hypocrisy in buying Russian oil while claiming to support Ukraine, forcing Europe to pay their fair share for defence, no longer tolerating open borders, exposing the climate change hysteria for what it is and now -- a peace deal in the Middle East -- "hitting our reputation abroad?"
#25
Idk dude, I work here and I don't know what the hell you're talking about. Is it the poster of the gay couple in the jet bridge that got you triggered?
#26
You serious, Clark?
Inflation is way down to under 3% from a high of 8%, unemployment is almost down to 4% (which is considered 'full employment'), new investment pledges (yes, only pledges) in the US is in the tens of Trillions, Interest rates are coming down to a more reasonable level (after choking the economy), consumer confidence is strong. Despite some chicken littles around here, Tarrifs have not crashed the economy, nor have we parked airplanes or furloughed anyone here.
As a company, DL currently has over half the industry's profits, was on the high side of forward guidance today, is looking to grow at a solid 3-4%, and Profit Sharing is on par with last year (and in total dollar amount, will almost reach 2019 levels). Ed was very bullish in today's Town Hall.
And yes, equity markets are NOT the economy (nor were they in the last admin), but they are at all time highs right now...
I'm not saying it is nothing but roses, but to sarcastically scoff the economy as not being in sold shape is way off base, or looking through the world through brown colored classes. Or something. Please, point me to some actual data (not doom and gloom predictions) supporting this claim. Because I don't see it.
To others wanting to reply, keep this stuff factual and non partisan.
Inflation is way down to under 3% from a high of 8%, unemployment is almost down to 4% (which is considered 'full employment'), new investment pledges (yes, only pledges) in the US is in the tens of Trillions, Interest rates are coming down to a more reasonable level (after choking the economy), consumer confidence is strong. Despite some chicken littles around here, Tarrifs have not crashed the economy, nor have we parked airplanes or furloughed anyone here.
As a company, DL currently has over half the industry's profits, was on the high side of forward guidance today, is looking to grow at a solid 3-4%, and Profit Sharing is on par with last year (and in total dollar amount, will almost reach 2019 levels). Ed was very bullish in today's Town Hall.
And yes, equity markets are NOT the economy (nor were they in the last admin), but they are at all time highs right now...
I'm not saying it is nothing but roses, but to sarcastically scoff the economy as not being in sold shape is way off base, or looking through the world through brown colored classes. Or something. Please, point me to some actual data (not doom and gloom predictions) supporting this claim. Because I don't see it.
To others wanting to reply, keep this stuff factual and non partisan.
#27
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Joined: Jul 2013
Posts: 12,522
Likes: 1,113
I didn't make the claim. Just pointing out the obvious sarcasm in his post based on what he's said in the past.
#28
On Reserve
Joined: Feb 2023
Posts: 198
Likes: 109
How is leveling the global tariff playing field, calling out European hypocrisy in buying Russian oil while claiming to support Ukraine, forcing Europe to pay their fair share for defence, no longer tolerating open borders, exposing the climate change hysteria for what it is and now -- a peace deal in the Middle East -- "hitting our reputation abroad?"
I will not get into the politics of whether these are good policies or bad policies. That does not belong here. But look at it from *their* point of view, and you could probably see why they don’t like it!
#29
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Joined: Apr 2018
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Likes: 560
Inflation is ticking higher, the dollar has lost a significant amount of value this year, unemployment is steadily increasing, hiring has slowed to a crawl, diplomatic relations are worse than I have ever seen (global sentiment is that the US is an absolute joke now), tourism to the US is down, crony capitalism is rampant, socialism is starting to creep in (trumprx.com, subsidies to farmers, public investment in private companies like Nvidia), agricultural exports are at an all time low, and I know you don't think tariffs are inflationary or reduce GDP, but it's pretty much an undisputed fact amongst economists. Tariffs are sticky too and the damage is long term.
Now will Delta be able to navigate all this and remain profitable? Probably. But there are definitely headwinds and VCTS.
#30
Everything is probably going to be fine, because it always is, but there are worrying signs.
Inflation is ticking higher, the dollar has lost a significant amount of value this year, unemployment is steadily increasing, hiring has slowed to a crawl, diplomatic relations are worse than I have ever seen (global sentiment is that the US is an absolute joke now), tourism to the US is down, crony capitalism is rampant, socialism is starting to creep in (trumprx.com, subsidies to farmers, public investment in private companies like Nvidia), agricultural exports are at an all time low, and I know you don't think tariffs are inflationary or reduce GDP, but it's pretty much an undisputed fact amongst economists. Tariffs are sticky too and the damage is long term.
Now will Delta be able to navigate all this and remain profitable? Probably. But there are definitely headwinds and VCTS.
Inflation is ticking higher, the dollar has lost a significant amount of value this year, unemployment is steadily increasing, hiring has slowed to a crawl, diplomatic relations are worse than I have ever seen (global sentiment is that the US is an absolute joke now), tourism to the US is down, crony capitalism is rampant, socialism is starting to creep in (trumprx.com, subsidies to farmers, public investment in private companies like Nvidia), agricultural exports are at an all time low, and I know you don't think tariffs are inflationary or reduce GDP, but it's pretty much an undisputed fact amongst economists. Tariffs are sticky too and the damage is long term.
Now will Delta be able to navigate all this and remain profitable? Probably. But there are definitely headwinds and VCTS.
As delta is going back to cater the business and premium travelers, I think we might be ok.
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