Originally Posted by Bucking Bar (Post 1376624)

Bloomberg / By Kari Lundgren - Mar 21, 2013 10:09 AM ET

Delta Air Lines Inc. said its new partner Virgin Atlantic Airways Ltd. doesn’t plan to join the SkyTeam group and that their joint venture will remain separate from that between the U.S. company and Air France-KLM Group. (AF)
Virgin said Dec. 11 it was looking at joining SkyTeam and might reach a decision in a matter of months after Delta bought 49 percent of its stock. Alliance membership helps carriers boost marketing efforts through joint ticket sales, shared lounge access and the combination of frequent-flyer programs.
Delta and Virgin are working with regulators on both sides of the Atlantic and anticipate that approvals for their venture will be received later this year, possibly in the fall, with the cost- and revenue-sharing pact to be activated immediately after that, said Ed Bastian, the Atlanta-based company’s president.
“At some point down the road SkyTeam will come up, and I’m certain that over time it will be viewed favorably, but right now that’s not the priority,” Bastian said today. “Their main priority is addressing their financial needs in respect of the losses they’ve been posting and getting the JV up and running.”
Delta paid Singapore Airlines Ltd. (SIA) $360 million for the Virgin stake and needs antitrust immunity to coordinate pricing and schedules on 31 daily trans-Atlantic flights. Bastian said that while the application includes coordinated timetabling with Air France-KLM and Rome-based Alitalia SpA, Delta will have two separate joint ventures for the U.K. and continental Europe.
Heathrow Boost
“We’ve made the investment in Virgin Atlantic so it’s not anticipated that it would ever be enlarged,” Bastian said at a press briefing in London. “There is a lot going on with respect to putting together the JV and that’s where their focus is.”
The Virgin deal gives Delta a bigger platform at London Heathrow airport, Europe’s busiest and the home base for British Airways (IAG), the top carrier in North Atlantic corporate travel.
The airlines will control about 25 percent of the U.S.-U.K. market, compared with the 60 percent share held by BA and American Airlines, which already have antitrust immunity, Delta Chief Executive Officer Richard Anderson said in December.
By linking with Virgin, Delta is targeting North Atlantic flights that generate roughly one-quarter of all global revenue from premium fares, more than twice as much as Pacific routes, according to International Air Transport Association figures.
“There have been a lot of questions as to whether the Virgin Atlantic brand will stay in the market,” Bastian said. “Rest assured it is staying in the market. There is no question about that.”
‘No Secret’
Delta and Virgin both offer forward-facing, flat-bed seats with direct aisle access, and thus a consistent premium product, Bastian said, in contrast with BA and American.
For Virgin, still majority-owned by U.K. billionaire Richard Branson, the Delta deal marked the end of a go-it-alone strategy for a carrier squeezed by high fuel prices, a sluggish economy and increased competition as rivals consolidate.
Virgin has imposed a salary freeze and has delayed adding bigger planes while cutting unprofitable routes to destinations including Nairobi in Kenya, and Kingston, Jamaica. Its loss widened to 135 million pounds ($203 million) in the year to Feb. 28 from 80.2 million pounds a year earlier, the Sunday Times reported March 10, citing an internal company memo.
“We were fully aware of the current-year losses,” Bastian said. “Virgin’s had a difficult couple years, that’s no secret. One of the things that’s dramatically different between us and Singapore is the relevance in the market place. There are many more commercial opportunities that we will be able to produce.”


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Looking forward and waiting for ALPA's guidance on this.

Originally Posted by roadrunner65 (Post 1376773)

Does anybody know when the projected conversion dates for the AE comes out on average and where to find it?

Originally Posted by johnso29 (Post 1376744)

The plug who used to hold a CA seat doesn't really tell the story. We all know DC9 CA on reserve at NWA was not desired by many. Just because he was displaced doesn't prove that we've lost CA seats since the merger. What if guys senior to Job Hopper didn't want CA before, allowing him to hold it? Now those same guys senior to him decided they do want CA on an equivalent B717 or M88. So they bid the CA seat, & now he can't hold it? Does that alone prove there are less CA seats? Absolutely not.

Originally Posted by JobHopper (Post 1376775)

All true. The only resolution to this issue is to find a category list from NWA in September, 2008, count the number of As, do the same on the DAL side and compare to today's numbers. I don't have that information. Does anybody?

Originally Posted by johnso29 (Post 1376778)

I don't have that info. But I agree it's the only way to tell the true story. It's possible that there are less A seats today compared to CBAID 08.

Originally Posted by dalad (Post 1376777)

RA walking across the floor of the NYSE. Coming up on CNBC. He's on CNBC now

Originally Posted by alfaromeo (Post 1332189)

Just wait until two years from now when the fences come down, you will be able to hear carl scream all the way from Florida.

Originally Posted by 80ktsClamp (Post 1376347)

Homeboy is one young whale captain. He's got a few more years flying SpackleAir d.b.a Delta.

Originally Posted by Lobaeux (Post 1376790)

He says "capacity will be flat" and new orders for 737-900s and regional jets, deferred 787 purchase until 2021 and can substitute that purchase.