Any "Latest & Greatest" about Delta?
10-03-2012 | 12:47 PM
Gets Weekends Off
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It's good to know that all that Alaska feed will now feed Korean Air, instead of our Pacific ops... I guess this explains the lack of widebody orders!
Just take a look at what's happened in NYC to our transatlantic ops, and you'll get a taste of what's to come out in the Pacific. So, without further ado, here's the answer to the HND problem, as I predicted...
Delta Air Lines Inc. and Korean Air Lines Co. are in talks to expand a decade-old marketing joint venture that has been overtaken by closer alliances among their rivals.
The discussions signal that relations between the second and third largest carriers across the Pacific have warmed since Delta's failed attempt two years ago to buy a stake in Japan Airlines Co., which would have shifted Delta's emphasis to Tokyo at the expense of Seoul. The Delta-JAL talks fell apart after the Japanese carrier opted to remain in an alliance with Delta rival American Airlines.
The airline industry is increasingly moving away from loose global alliances toward deeper pacts between individual airlines that, with regulators' blessing, have allowed them to coordinate fares, flight schedules and marketing, and pool revenues and profit.
Though Delta has pursued individual alliances on trans-Atlantic routes, it doesn't have the same level of cooperation on routes to and from Asia enjoyed by some members of the rival Oneworld and Star airline marketing alliances, despite a small deal with Virgin Australia Holdings Ltd.
John Jackson, Vice President Marketing for the Americas at Korean Air, said talks are under way with Delta to expand their existing cooperation, which now includes the ability to cross-sell seats on each others' flights and some limited use of the antitrust immunity granted by competition authorities in 2002.
"[The talks] have become more active," said Mr. Jackson, who declined in recent interview to detail the scope of the discussions.
Just take a look at what's happened in NYC to our transatlantic ops, and you'll get a taste of what's to come out in the Pacific. So, without further ado, here's the answer to the HND problem, as I predicted...
Delta Air Lines Inc. and Korean Air Lines Co. are in talks to expand a decade-old marketing joint venture that has been overtaken by closer alliances among their rivals.
The discussions signal that relations between the second and third largest carriers across the Pacific have warmed since Delta's failed attempt two years ago to buy a stake in Japan Airlines Co., which would have shifted Delta's emphasis to Tokyo at the expense of Seoul. The Delta-JAL talks fell apart after the Japanese carrier opted to remain in an alliance with Delta rival American Airlines.
The airline industry is increasingly moving away from loose global alliances toward deeper pacts between individual airlines that, with regulators' blessing, have allowed them to coordinate fares, flight schedules and marketing, and pool revenues and profit.
Though Delta has pursued individual alliances on trans-Atlantic routes, it doesn't have the same level of cooperation on routes to and from Asia enjoyed by some members of the rival Oneworld and Star airline marketing alliances, despite a small deal with Virgin Australia Holdings Ltd.
John Jackson, Vice President Marketing for the Americas at Korean Air, said talks are under way with Delta to expand their existing cooperation, which now includes the ability to cross-sell seats on each others' flights and some limited use of the antitrust immunity granted by competition authorities in 2002.
"[The talks] have become more active," said Mr. Jackson, who declined in recent interview to detail the scope of the discussions.
In one presentation they showed future possible expansion flights between Delta hubs (ie LAX to SLC, SEA to SLC and so forth). Of course they already do SEA to ATL and several others. In the presentation they also noted the desire to start flying to South America. Is Delta's long term plan to eventually be a virtual airline without our own planes as Bar has alluded to?
My question, is there anything in our new "super scope improving contract 2012" to prevent this?
10-03-2012 | 12:51 PM
Gets Weekends Off
Joined: Jun 2009
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Heyas Sink,
Any election type discussions CANNOT be held on the Webboard. It's part of the terms and conditions when you log in. It stems from the rule that you cannot use ALPA materials to run for office, and thus, any discussion at all about any candidate is deemed "campaign material", and would be deleted.
As it should be.
But, those discussions will occur, and when they do, it has normally been limited to crew rooms or a select, invite only, email chain/listservs. It spilled over a little bit here last cycle, but as more people have been following the L&G thread, I want to think some have taken a more active approach in handling "that APC crowd". There seemed to be some topics during the TA "sales" period that were addressed, directly or otherwise, from "input" from this very thread. Coincidence? Maybe.
This thread, and others like it, have a wide audience, even if most just lurk. It allows a vetting of ideas and opinions, without heavy handed moderation (there are really only a few REAL no-nos), and, eventually, everything bubbles up to the top where it should be, in plain view.
I think such conversation is very healthy and necessary.
Nu
Any election type discussions CANNOT be held on the Webboard. It's part of the terms and conditions when you log in. It stems from the rule that you cannot use ALPA materials to run for office, and thus, any discussion at all about any candidate is deemed "campaign material", and would be deleted.
As it should be.
But, those discussions will occur, and when they do, it has normally been limited to crew rooms or a select, invite only, email chain/listservs. It spilled over a little bit here last cycle, but as more people have been following the L&G thread, I want to think some have taken a more active approach in handling "that APC crowd". There seemed to be some topics during the TA "sales" period that were addressed, directly or otherwise, from "input" from this very thread. Coincidence? Maybe.
This thread, and others like it, have a wide audience, even if most just lurk. It allows a vetting of ideas and opinions, without heavy handed moderation (there are really only a few REAL no-nos), and, eventually, everything bubbles up to the top where it should be, in plain view.
I think such conversation is very healthy and necessary.
Nu
10-03-2012 | 01:05 PM
Gets Weekends Off
Joined: Nov 2010
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From: Corporate Pilot
I went too see how much it'd be to rent a Cessna 172 to take the kids flying one day. $150-$170/hr and $50/hr for cfi. hmmm... and it's a 5 hour checkout if it's a Cessna 172 with Garmin 1000. 5 hours? yes, because it has efis. oh? they told me going from steam gauges to efis would take a while.
sweet. don't sign me up.
sweet. don't sign me up.
That's what they told me when I went and asked (KLZU). I was floored
10-03-2012 | 01:10 PM
veut gagner à la loterie
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From: Light Chop
10-03-2012 | 01:15 PM
On Reserve
Joined: Oct 2009
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Thanks
10-03-2012 | 01:18 PM
veut gagner à la loterie
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From: Light Chop
stealing from another website here but if the 88 doesn't care about stealing, why should I?
The 8K Delta filed with the SEC today includes some indications of a phenomenal 3rd quarter.
For the full 8K which summarizes September results but more importantly gives some strong hints of what the Q3 2012 numbers will reflect are available for download at:
Investor Relations - SEC Filings
Guidance September Quarter 2012:
Operating margin 10 - 11%
Cargo and other revenue $1.2 billion
Fuel price per gallon, adjusted $3.15
Profit sharing expense $175 million
Non-operating expense $260 million
Capital expenditures $400 – 450 million
Interestingly also they expect a mark to mark adjustment on fuel hedges of about PLUS $450mm which basically wipes ot the MINUS $500mm mark to mark adjustment for Q2 2012.
That is really a strong indication of how volatile the fuel environment has been in the last 6 months.
More Interestingly they are already ascribing some of the current month Sept cost of fuel as benefiting from Delta's new fuel supply program, short-speak for the start up of the Trainer refinery.
Can't overlook a September completion factor of 99.8% and on time index of 89.4%.
The 8K Delta filed with the SEC today includes some indications of a phenomenal 3rd quarter.
For the full 8K which summarizes September results but more importantly gives some strong hints of what the Q3 2012 numbers will reflect are available for download at:
Investor Relations - SEC Filings
Guidance September Quarter 2012:
Operating margin 10 - 11%
Cargo and other revenue $1.2 billion
Fuel price per gallon, adjusted $3.15
Profit sharing expense $175 million
Non-operating expense $260 million
Capital expenditures $400 – 450 million
Interestingly also they expect a mark to mark adjustment on fuel hedges of about PLUS $450mm which basically wipes ot the MINUS $500mm mark to mark adjustment for Q2 2012.
That is really a strong indication of how volatile the fuel environment has been in the last 6 months.
More Interestingly they are already ascribing some of the current month Sept cost of fuel as benefiting from Delta's new fuel supply program, short-speak for the start up of the Trainer refinery.
Can't overlook a September completion factor of 99.8% and on time index of 89.4%.
10-03-2012 | 01:32 PM
Line Holder
Joined: Feb 2009
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Hawiian Air can be bought for less than 300million $, just a thought.
10-03-2012 | 01:33 PM
Gets Weekends Off
Joined: Mar 2008
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Check out by Gainesville, Jackson Co or Winder.
Stay away from anything with a G1000. Stick to steam, and you should be able to find a 172 in the $100 range with a minimal checkout.
Fuel is spendy, but the real expense is commercial insurance. It's not just the end operator (the rental place), but everyone he does business with...the FBO, MX, MX vendors, the airport, etc. It all compounds. It spiked after 9/11, and never really came back down. It was masked for a little while gas got cheap a few years ago, but I think it's the real cost driver.
Nu
10-03-2012 | 01:36 PM
Da Hudge
Joined: Oct 2006
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From: Poodle Whisperer
10-03-2012 | 01:37 PM
Gets Weekends Off
Joined: May 2010
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From: bartender
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