Any "Latest & Greatest" about Delta?
04-09-2014 | 10:19 AM
Straight QOL, homie
Joined: Feb 2012
Posts: 4,202
Likes: 1
From: Record-Shattering Profit Facilitator
Trainer isn't necessarily owned for pure profit motives. It is a leverage tool that is used in many other aspects of the DAL operation that Wall St. doesn't seem to pick up on:
Refineries make jet-A and other distillates, but they also produce propylene gylcol, when negotiating with suppliers around the country at other airports, we use our "self-supply" option to leverage better prices than the competition on everything from de-ice fluid, diesel for GSE, and jet-A. Give us the price we want or we will ship in our own. Lots of those deals end up hidden in other aspects of the enterprise.
Trainer is supposedly on track for a $100m profit this year, all the gross profits (and resultant net losses) from the last two years have been because of infrastructure and repairs. Now that those big ticket items are squared away it "should" actually be a benefit in its own right going forward.
They are also getting the Bakken crude at a better quantity now, which cuts crude acquisition by about $12/bbl. That will benefit the DAL bottom line a lot, the Nigerian cruse is much more expensive, however the market price for jet fuel isn't decreasing by that same $12/bbl on the open market.
I like that DAL is on the road to insourcing:
Trainer = Fuel Expenses
DCI = shrinking and DAL 717's (and maybe even more 717's)
ALK = cutting ground handling, shrinking CS routes, growing SEA via DAL metal
Intl. = more 333's, WB RFP, threatening to kick Alitalia out of JV/Skyteam, fighting MEA's instead of retreating
Refineries make jet-A and other distillates, but they also produce propylene gylcol, when negotiating with suppliers around the country at other airports, we use our "self-supply" option to leverage better prices than the competition on everything from de-ice fluid, diesel for GSE, and jet-A. Give us the price we want or we will ship in our own. Lots of those deals end up hidden in other aspects of the enterprise.
Trainer is supposedly on track for a $100m profit this year, all the gross profits (and resultant net losses) from the last two years have been because of infrastructure and repairs. Now that those big ticket items are squared away it "should" actually be a benefit in its own right going forward.
They are also getting the Bakken crude at a better quantity now, which cuts crude acquisition by about $12/bbl. That will benefit the DAL bottom line a lot, the Nigerian cruse is much more expensive, however the market price for jet fuel isn't decreasing by that same $12/bbl on the open market.
I like that DAL is on the road to insourcing:
Trainer = Fuel Expenses
DCI = shrinking and DAL 717's (and maybe even more 717's)
ALK = cutting ground handling, shrinking CS routes, growing SEA via DAL metal
Intl. = more 333's, WB RFP, threatening to kick Alitalia out of JV/Skyteam, fighting MEA's instead of retreating
Let's all keep our eyes on the ball.. making sure we're cashing in on the company's success!
04-09-2014 | 10:35 AM
Gets Weekends Off
Joined: Apr 2008
Posts: 2,206
Likes: 0
From: DAL FO
I just tried again and suddenly the update went through. Maybe the logjam is over for this month. I'm about to go read the pbs bulletin on ordered bid lines. I guess that's what cause the snafu this month.
04-09-2014 | 10:36 AM
Da Hudge
Joined: Oct 2006
Posts: 17,473
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From: Poodle Whisperer
04-09-2014 | 10:37 AM
Straight QOL, homie
Joined: Feb 2012
Posts: 4,202
Likes: 1
From: Record-Shattering Profit Facilitator
04-09-2014 | 10:38 AM
Da Hudge
Joined: Oct 2006
Posts: 17,473
Likes: 0
From: Poodle Whisperer
Full system crash, blastcallaggedden, and now the worst PBS issues I can remember!
04-09-2014 | 10:45 AM
Gets Weekends Off
Joined: Dec 2009
Posts: 1,898
Likes: 0
From: Stay THIRSTY, my friends!
Just got the eblast from Dalpa regarding sick leave. When we were voting for the concessionary TA, I specifically asked if the company would cover sick leave verification doctor visits. 'Yes' was the answer. Well, another lie I guess. Turns out in almost every case, it's your dime for the medical verification forms. Nothing like having to pay for using your sick leave... that's got to be an industry first! How much will we need to give up to get back to a non bankruptcy sick leave system?
04-09-2014 | 11:04 AM
Straight QOL, homie
Joined: Feb 2012
Posts: 4,202
Likes: 1
From: Record-Shattering Profit Facilitator
Just got the eblast from Dalpa regarding sick leave. When we were voting for the concessionary TA, I specifically asked if the company would cover sick leave verification doctor visits. 'Yes' was the answer. Well, another lie I guess. Turns out in almost every case, it's your dime for the medical verification forms. Nothing like having to pay for using your sick leave... that's got to be an industry first! How much will we need to give up to get back to a non bankruptcy sick leave system?
wash...rinse...repeat.
04-09-2014 | 11:10 AM
meh
Joined: Oct 2010
Posts: 828
Likes: 0
Good news on DeltaNet. One Great Pass deadline extended to 30 Apr 16.
04-09-2014 | 11:12 AM
Gets Weekends Off
Joined: May 2007
Posts: 593
Likes: 0
Just got the eblast from Dalpa regarding sick leave. When we were voting for the concessionary TA, I specifically asked if the company would cover sick leave verification doctor visits. 'Yes' was the answer. Well, another lie I guess. Turns out in almost every case, it's your dime for the medical verification forms. Nothing like having to pay for using your sick leave... that's got to be an industry first! How much will we need to give up to get back to a non bankruptcy sick leave system?
How did you come up with that spin? Verification does not equal doctor's certificate. Verification could be telling the CPO the general nature of your illness, if that's not good enough and they require a doctor's certificate it clearly states that if the company requires a doctors certificate the company pays.
2. A pilot may verify any sickness by providing to his Chief Pilot or the Chief Pilot Support Center either a doctor’s certificate or other proof of illness. At its option, the Company may require a doctor’s certificate to satisfy verification under Section 14 F. 2., 3., or 4.
5. In the event the Company requires a doctor’s certificate for verification, a pilot may submit a reimbursement claim through DBMS for any reasonable expense incurred in obtaining such verification.
Per PWA Section 14 F. 5., a pilot will be reimbursed reasonable expenses incurred when obtaining a doctor’s certificate that has been requested by his Chief Pilot. If a pilot attempts to provide adequate verification of a sick event through “other proof of illness”, and subsequently the Company requires a doctor’s certificate to verify that sick event, the Company will reimburse the pilot’s expenses incurred in obtaining the doctor’s certificate.
Expenses associated with sick leave verification may be submitted via iCrew.
04-09-2014 | 11:16 AM
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
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