Airline Pilot Central Forums - Any "Latest & Greatest" about Delta?

Delta already operates a small hub at Narita, the result of its 2005 merger with Northwest, which obtained rights to fly beyond Tokyo into Asia in 1947. Delta serves Narita from seven cities in North America, Honolulu, and 14 cities in Asia.

2005? Did I miss something? :)

bigdaddie

09-11-2009 04:34 PM

Quote:

Originally Posted by Dash8widget (Post 677157)

2005? Did I miss something? :)

Just the fact that we shared a cab to bankruptcy court.

acl65pilot

09-11-2009 04:57 PM

Quote:

Originally Posted by alfaromeo (Post 677153)

What if AMR is forced to invest in JAL and the only way they can get the cash is to sell their terminal in JFK? (to Delta)

Like I said a few posts ago, this just could be a great head fake.

Carl Spackler

09-11-2009 05:32 PM

Quote:

Originally Posted by acl65pilot (Post 677015)

This could also all just be a ploy to have AMR dump a ton of money in to JAL and further weaken their position.
If that is the case, it is decision time for AMR.

You could be right on this ACL, but it could also simply be a cross currency play. The dollar is so weak against the yen, and it will probably get weaker. The nation of Japan will NEVER let Japan Air Lines go under...NEVER. Therefore, we invest in U.S. dollars today, for an asset valued in yen. I actually think it could be an extremely shrewd move.

Carl

Carl Spackler

09-11-2009 05:37 PM

Quote:

Originally Posted by acl65pilot (Post 676913)

We bought NWA for the NRT deal. Now we are buying JAL in effect. Great news is it works out to our favor.

We didn't buy NWA - we gained control with a stock swap, aka merger. We're buying an interest in JAL because we are buying it...with cash, aka purchase.

Carl

acl65pilot

09-11-2009 05:45 PM

Quote:

Originally Posted by Carl Spackler (Post 677196)

We didn't buy NWA - we gained control with a stock swap, aka merger. We're buying an interest in JAL because we are buying it...with cash, aka purchase.

Carl

Thanks you Carl :cool:

acl65pilot

09-11-2009 05:46 PM

Quote:

Originally Posted by Carl Spackler (Post 677192)

Another good point.

Justdoinmyjob

09-11-2009 06:13 PM

Quote:

Originally Posted by acl65pilot (Post 677178)

Like I said a few posts ago, this just could be a great head fake.

Liike maybe Anderson's way of paying AA back for Crandell schooling Allen in the Pan Am deal?

acl65pilot

09-11-2009 06:30 PM

Quote:

Originally Posted by Justdoinmyjob (Post 677214)

Liike maybe Anderson's way of paying AA back for Crandell schooling Allen in the Pan Am deal?

It's a thought.

There are benefits to it as well. Major benefits. We just cannot rubber stamp it. This is a bigger deal that AF/KLM if it proves to be true.

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