Quote:
Originally Posted by acl65pilot
Nu.
Currently leadership gives bad news; no growth et al, a little churn in the leadership ranks, good news arrives. New leadership good, old bad. Forget about rainy days and TA shortcomings, and enjoy growth.
Not saying it going to happen, but the up and down of all of the news sure makes it seem like a possible scenario.
If our stock price does not do something I think the Board will be looking to replace Anderson. "Capacity reductions are our leverage" is depressing the value of Delta Air Lines. Given as much as we are doing right our stock should be more desireable than it is. We really need to stop shrinking away in the marketplace.
Quote:
Originally Posted by dalad
Something else, a 10% margin is also the holy grail that must be attained, we are at 7-8% now.
No, it is entirely arbitrary. It sounds better than 9.9% and rolls off the toungue easier than 10.3%
I proffer if you are aiming for 10%, you're still a fool for leaving 9.9% at the gate and a complete idiot when you leave 15% because you've pulled so much capacity there simply isn't any room available on a preferred flight.
9% on DCI is probably >10% if you cut the parasitic losses of redundant management structures.
We are moving the right direction by pulling some flying back and securing a fuel supply. But, from a network perspective I am not sure we are playing the game to win it.
Lets take the example of the Company run by the Chairman of our Board, Kodak. Kodak was a true innovator. In fact, they invented the digital camera and the technology which improved it. However, they never brought a credible product to market. The "codeshared" from other camera builders, who adapted Kodak's technology, then used it to make Kodak itself obsolete. When Fujifilm came to the US, they were considered a Virgin America type threat ... no one will switch.
In business there is no status quo. You have to be either wining and growing or losing and shrinking. Kodak was never able to shrink itself to sustained profitability.