Any "Latest & Greatest" about Delta?
03-21-2013 | 11:44 AM
Da Hudge
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From: Poodle Whisperer
That's pretty much what I got out of that. Looks like profits to be returned to shareholders, which is a good thing.
What surprised me was the statistic that the average age of the Delta fleet is over 16 years old and his claim that Delta's biggest competitors are state-run airlines.
What surprised me was the statistic that the average age of the Delta fleet is over 16 years old and his claim that Delta's biggest competitors are state-run airlines.
It was hard to tell if he dodged the question on widebodies or poo-poo'd the latest rumors. He was very clear on flat capacity year over year and making sure the carrier is investment grade.
03-21-2013 | 11:45 AM
Gets Weekends Off
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From: Airplane
Yep. The state run carriers are the scourge of the global airline industry. They get much lower loans and when they don't make money, they are propped up by their governments.
It was hard to tell if he dodged the question on widebodies or poo-poo'd the latest rumors. He was very clear on flat capacity year over year and making sure the carrier is investment grade.
It was hard to tell if he dodged the question on widebodies or poo-poo'd the latest rumors. He was very clear on flat capacity year over year and making sure the carrier is investment grade.
03-21-2013 | 11:45 AM
Da Hudge
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From: Poodle Whisperer
Delta Said to Study Order for $4.3 Billion in Wide-Bodies - Bloomberg
If management had said we were getting more wide body aircraft, I would be skeptical.
So if our management is saying they have no intention of placing a wide body order until the end of the decade, then I'm still skeptical.
If management had said we were getting more wide body aircraft, I would be skeptical.
So if our management is saying they have no intention of placing a wide body order until the end of the decade, then I'm still skeptical.
03-21-2013 | 11:48 AM
No longer cares
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From: 767er Captain
Just yankin' your chain sweetheart. I flew with a buddy of yours the other day. I have question on IM that he told me to ax ya... comin' at ya.
03-21-2013 | 11:53 AM
seeing the country...
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From: 73N A
He's talking about Delta seats overall.
03-21-2013 | 11:58 AM
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From: Airplane
Well - while on the stock exchange floor on a channel watched mostly by stock-traders, he isn't going to get close to saying "growing capacity" or imply anything like that. Also, remember that parking RJs and adding mainline jets is still "flat capacity".
He's talking about Delta seats overall.
He's talking about Delta seats overall.
Doesn't sound to me that Delta is building up with WBs and growing, sounds like he's consolidating.
03-21-2013 | 12:00 PM
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From: Lowest Pay I Could Find
03-21-2013 | 12:01 PM
seeing the country...
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From: 73N A
True, but investors aren't going to be real excited by "flat", they want to hear "growth" and I could be wrong, but he said orders for 737-900s and regional jets and deferred the 787 orders.
Doesn't sound to me that Delta is building up with WBs and growing, sounds like he's consolidating.
Doesn't sound to me that Delta is building up with WBs and growing, sounds like he's consolidating.
Delta won't comment on a widebody order because if they are making one, they are still discussing it with Airbus or Boeing. Don't want your big suppliers knowing what and why you are doing it. (other than talking points).
03-21-2013 | 12:03 PM
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From: 767er Captain
True, but investors aren't going to be real excited by "flat", they want to hear "growth" and I could be wrong, but he said orders for 737-900s and regional jets and deferred the 787 orders.
Doesn't sound to me that Delta is building up with WBs and growing, sounds like he's consolidating.
Doesn't sound to me that Delta is building up with WBs and growing, sounds like he's consolidating.
03-21-2013 | 12:06 PM
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From: Airplane
No, investors ARE excited by "flat" - it means higher RASM and more profits. Richard and Ed have been banging the "capacity restraint" drum for a while, and Wall Street seems to like it - stock is at a 52 week high once again. It's when airlines flood the market with seats that everyone loses money.
Delta won't comment on a widebody order because if they are making one, they are still discussing it with Airbus or Boeing. Don't want your big suppliers knowing what and why you are doing it. (other than talking points).
Delta won't comment on a widebody order because if they are making one, they are still discussing it with Airbus or Boeing. Don't want your big suppliers knowing what and why you are doing it. (other than talking points).
A pretty informative little interview, there's been a few airline CEOs on lately, it's always interesting.
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