Any "Latest & Greatest" about Delta?
Boeing fans...
(Wall Street Journal)
CHICAGO -- Boeing Co. announced another delay to its new 747-8 freighter (first flight pushed back until 2010- FTB) and said it will take a $1 billion charge amid persistent production and design problems at its commercial aircraft unit.
Tuesday's announcement didn't quell speculation that the Chicago-based company may cancel the unprofitable program as it also wrestles with delays and production issues for its 787 Dreamliner which, like the 747-8, has yet to fly.
"The delays will put certain [747] orders into cancellation territory," a person familiar with the situation said, noting that lack of cargo-market demand would likely see some customers seek further delays to their ...
...
FWIW. And I'm looking for this but I was listening to Bill Dudley from the NY Federal Reserve, somewhere I picked up not only on a moderate disappointing economic recovery but a possible drop in the 4th quarter, a commentator refered to it as a bloodbath. If I didn't have to go kick the tires, bang my head on the top of the door and go fly I'd find more information on it. I'll look later.
(Wall Street Journal)
CHICAGO -- Boeing Co. announced another delay to its new 747-8 freighter (first flight pushed back until 2010- FTB) and said it will take a $1 billion charge amid persistent production and design problems at its commercial aircraft unit.
Tuesday's announcement didn't quell speculation that the Chicago-based company may cancel the unprofitable program as it also wrestles with delays and production issues for its 787 Dreamliner which, like the 747-8, has yet to fly.
"The delays will put certain [747] orders into cancellation territory," a person familiar with the situation said, noting that lack of cargo-market demand would likely see some customers seek further delays to their ...
...
FWIW. And I'm looking for this but I was listening to Bill Dudley from the NY Federal Reserve, somewhere I picked up not only on a moderate disappointing economic recovery but a possible drop in the 4th quarter, a commentator refered to it as a bloodbath. If I didn't have to go kick the tires, bang my head on the top of the door and go fly I'd find more information on it. I'll look later.
Boeing fans...
(Wall Street Journal)
CHICAGO -- Boeing Co. announced another delay to its new 747-8 freighter (first flight pushed back until 2010- FTB) and said it will take a $1 billion charge amid persistent production and design problems at its commercial aircraft unit.
Tuesday's announcement didn't quell speculation that the Chicago-based company may cancel the unprofitable program as it also wrestles with delays and production issues for its 787 Dreamliner which, like the 747-8, has yet to fly.
"The delays will put certain [747] orders into cancellation territory," a person familiar with the situation said, noting that lack of cargo-market demand would likely see some customers seek further delays to their ...
...
FWIW. And I'm looking for this but I was listening to Bill Dudley from the NY Federal Reserve, somewhere I picked up not only on a moderate disappointing economic recovery but a possible drop in the 4th quarter, a commentator referred to it as a bloodbath. If I didn't have to go kick the tires, bang my head on the top of the door and go fly I'd find more information on it. I'll look later.
(Wall Street Journal)
CHICAGO -- Boeing Co. announced another delay to its new 747-8 freighter (first flight pushed back until 2010- FTB) and said it will take a $1 billion charge amid persistent production and design problems at its commercial aircraft unit.
Tuesday's announcement didn't quell speculation that the Chicago-based company may cancel the unprofitable program as it also wrestles with delays and production issues for its 787 Dreamliner which, like the 747-8, has yet to fly.
"The delays will put certain [747] orders into cancellation territory," a person familiar with the situation said, noting that lack of cargo-market demand would likely see some customers seek further delays to their ...
...
FWIW. And I'm looking for this but I was listening to Bill Dudley from the NY Federal Reserve, somewhere I picked up not only on a moderate disappointing economic recovery but a possible drop in the 4th quarter, a commentator referred to it as a bloodbath. If I didn't have to go kick the tires, bang my head on the top of the door and go fly I'd find more information on it. I'll look later.
This is all expected. After the recovery or effect if you will of the stimulus money wains, you will a moderate retreat. More than likely it will lead to more government intervention and an inflationary period (record highs in the S and P and Dow Ind) which once again will lead to a huge deflationary period. If you notice the up/down cycle is getting closer and closer together, that is not good. (These next few cycles could quite possible all occur in the next 24-36 months)
One book talks about this and a few other notable points. Go check out "The Fourth Turning" It was written in 1997. Tell me what ya think!
Last edited by acl65pilot; 10-07-2009 at 02:33 AM.
Inventory survival kit ..
Joined APC: Jul 2008
Position: Seeking no jacket required rotations
Posts: 1,069
I would not say unfortunately. I would say thank god you can't sell back your vacation. If we could we would have pilots furloughed. The ability to sell vacation and bid around vacation has cost us a huge number of jobs. Many on here scream about scope but they refuse to accept the reality of how many jobs have been lost to work rules. If tomorrow we changed vacation to pay and credit instead of pay and no credit they would have to post a AE for hundreds of Captains positions. Any junior pilot should put on his contract survey that vacation in the next contract becomes pay and credit.
The lack of concern over work rules and the massive job loss they have caused by junior pilots amazes me. I once had a new hire flying with me. He *****ed and *****ed about the fact that we had a cap and at his regional airline he could fly as much as he wanted. I asked him how much he would fly per month if we did not have a cap. He said he would often fly 100 hours. I said your wrong. If we did not have a cap you would fly 0 hours because you would be furloughed and on the street jobless. I still don't think he got it.
The lack of concern over work rules and the massive job loss they have caused by junior pilots amazes me. I once had a new hire flying with me. He *****ed and *****ed about the fact that we had a cap and at his regional airline he could fly as much as he wanted. I asked him how much he would fly per month if we did not have a cap. He said he would often fly 100 hours. I said your wrong. If we did not have a cap you would fly 0 hours because you would be furloughed and on the street jobless. I still don't think he got it.
Excuse me, I have to go spend my refund from the DAL-N merger fund. I might be able to get a Big Mac meal with that big check from ALPA.
Gets Weekends Off
Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
40 or so posts and...
Cheers
George
Cheers
George
Moderator
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
BA to cut 1000 jobs.
LONDON (AP) -- British Airways PLC is shedding 1,000 jobs, putting 3,000 more employees on part-time work and reducing the size of cabin crews at Heathrow in an effort to get the troubled airline's finances back in order, a spokesman said Tuesday.
BA spokesman Paul Marston said the company was in "a very serious financial position" and was working hard to turn itself around with an aggressive cost-reduction program. The job losses and part-time work, which he said were voluntary, would be the equivalent of cutting 1,700 positions. He declined to say how much the airline hoped to save from the cuts.
Marston said BA, which expects to see a "significant loss" for the second year running, needed to make changes in order to secure its future in an airline market which is likely to remain grim for some time.
"We do not see any green shoots of recovery just right yet," he said.
UNITE, the British union which represents most of BA's 14,000-member ground crew, said the news was "a bolt from the blue."
"We've been looking for a negotiated solution since the spring," UNITE spokeswoman Pauline Doyle said, adding that the union had proposed millions of dollars of savings to management. "Those proposals we put to the company were thrown back at us."
Marston also announced a companywide freeze on basic pay and said cabin crews operating out of London's Heathrow Airport would be downsized -- so that the typical 747 jet flying from London's Heathrow Airport on a long-haul trip would take off carrying 14 members of crew instead of the usual complement of 15.
Marston said customers weren't likely to notice the difference, but Doyle called the change "very concerning."
"They're going to try to get more and more out of fewer and fewer people for less and less money," she said.
BA said the changes -- which come into effect in the middle of November -- were needed to ensure the company stayed alive.
"Without changes, we will lose more money with every month that passes," a company statement said. "It is essential we make ourselves more efficient if we are to ensure our long-term survival."
The airline added that it was "not altering anything that requires negotiation."
The economic downturn has hit carriers like BA particularly hard as individual travelers and companies balk at paying for a seat in first or business class, particularly on short-haul flights. The airline posted a 94 million pound ($150 million) quarterly loss in July. Earlier that month, the airline announced plans to raise 600 million pounds to help it plug its deficits and convinced pilots at the airline to agree to a 2.6 percent pay cut.
U.S. airlines have also suffered amid the souring economy, higher fuel prices, and other issues.
Atlanta-based Delta Air Lines Inc., the world's biggest airline operator, said in June that its staff levels would be down more than 8,000 jobs by the end of 2009 compared to spring 2008.
Wow, the DAL Family has slimmed down.
BA spokesman Paul Marston said the company was in "a very serious financial position" and was working hard to turn itself around with an aggressive cost-reduction program. The job losses and part-time work, which he said were voluntary, would be the equivalent of cutting 1,700 positions. He declined to say how much the airline hoped to save from the cuts.
Marston said BA, which expects to see a "significant loss" for the second year running, needed to make changes in order to secure its future in an airline market which is likely to remain grim for some time.
"We do not see any green shoots of recovery just right yet," he said.
UNITE, the British union which represents most of BA's 14,000-member ground crew, said the news was "a bolt from the blue."
"We've been looking for a negotiated solution since the spring," UNITE spokeswoman Pauline Doyle said, adding that the union had proposed millions of dollars of savings to management. "Those proposals we put to the company were thrown back at us."
Marston also announced a companywide freeze on basic pay and said cabin crews operating out of London's Heathrow Airport would be downsized -- so that the typical 747 jet flying from London's Heathrow Airport on a long-haul trip would take off carrying 14 members of crew instead of the usual complement of 15.
Marston said customers weren't likely to notice the difference, but Doyle called the change "very concerning."
"They're going to try to get more and more out of fewer and fewer people for less and less money," she said.
BA said the changes -- which come into effect in the middle of November -- were needed to ensure the company stayed alive.
"Without changes, we will lose more money with every month that passes," a company statement said. "It is essential we make ourselves more efficient if we are to ensure our long-term survival."
The airline added that it was "not altering anything that requires negotiation."
The economic downturn has hit carriers like BA particularly hard as individual travelers and companies balk at paying for a seat in first or business class, particularly on short-haul flights. The airline posted a 94 million pound ($150 million) quarterly loss in July. Earlier that month, the airline announced plans to raise 600 million pounds to help it plug its deficits and convinced pilots at the airline to agree to a 2.6 percent pay cut.
U.S. airlines have also suffered amid the souring economy, higher fuel prices, and other issues.
Atlanta-based Delta Air Lines Inc., the world's biggest airline operator, said in June that its staff levels would be down more than 8,000 jobs by the end of 2009 compared to spring 2008.
Wow, the DAL Family has slimmed down.
Atlanta-based Delta Air Lines Inc., the world's biggest airline operator, said in June that its staff levels would be down more than 8,000 jobs by the end of 2009 compared to spring 2008.
Wow, the DAL Family has slimmed down.
Associated Press Airlines Writer Harry R. Weber contributed to this report from Atlanta.
Wow, the DAL Family has slimmed down.
Associated Press Airlines Writer Harry R. Weber contributed to this report from Atlanta.
The evil robot Synergizetor is rampaging through the company.
LONDON (AP) -- British Airways PLC is shedding 1,000 jobs, putting 3,000 more employees on part-time work and reducing the size of cabin crews at Heathrow in an effort to get the troubled airline's finances back in order, a spokesman said Tuesday.
BA spokesman Paul Marston said the company was in "a very serious financial position" and was working hard to turn itself around with an aggressive cost-reduction program. The job losses and part-time work, which he said were voluntary, would be the equivalent of cutting 1,700 positions. He declined to say how much the airline hoped to save from the cuts.
Marston said BA, which expects to see a "significant loss" for the second year running, needed to make changes in order to secure its future in an airline market which is likely to remain grim for some time.
"We do not see any green shoots of recovery just right yet," he said.
UNITE, the British union which represents most of BA's 14,000-member ground crew, said the news was "a bolt from the blue."
"We've been looking for a negotiated solution since the spring," UNITE spokeswoman Pauline Doyle said, adding that the union had proposed millions of dollars of savings to management. "Those proposals we put to the company were thrown back at us."
Marston also announced a companywide freeze on basic pay and said cabin crews operating out of London's Heathrow Airport would be downsized -- so that the typical 747 jet flying from London's Heathrow Airport on a long-haul trip would take off carrying 14 members of crew instead of the usual complement of 15.
Marston said customers weren't likely to notice the difference, but Doyle called the change "very concerning."
"They're going to try to get more and more out of fewer and fewer people for less and less money," she said.
BA said the changes -- which come into effect in the middle of November -- were needed to ensure the company stayed alive.
"Without changes, we will lose more money with every month that passes," a company statement said. "It is essential we make ourselves more efficient if we are to ensure our long-term survival."
The airline added that it was "not altering anything that requires negotiation."
The economic downturn has hit carriers like BA particularly hard as individual travelers and companies balk at paying for a seat in first or business class, particularly on short-haul flights. The airline posted a 94 million pound ($150 million) quarterly loss in July. Earlier that month, the airline announced plans to raise 600 million pounds to help it plug its deficits and convinced pilots at the airline to agree to a 2.6 percent pay cut.
U.S. airlines have also suffered amid the souring economy, higher fuel prices, and other issues.
Atlanta-based Delta Air Lines Inc., the world's biggest airline operator, said in June that its staff levels would be down more than 8,000 jobs by the end of 2009 compared to spring 2008.
Wow, the DAL Family has slimmed down.
BA spokesman Paul Marston said the company was in "a very serious financial position" and was working hard to turn itself around with an aggressive cost-reduction program. The job losses and part-time work, which he said were voluntary, would be the equivalent of cutting 1,700 positions. He declined to say how much the airline hoped to save from the cuts.
Marston said BA, which expects to see a "significant loss" for the second year running, needed to make changes in order to secure its future in an airline market which is likely to remain grim for some time.
"We do not see any green shoots of recovery just right yet," he said.
UNITE, the British union which represents most of BA's 14,000-member ground crew, said the news was "a bolt from the blue."
"We've been looking for a negotiated solution since the spring," UNITE spokeswoman Pauline Doyle said, adding that the union had proposed millions of dollars of savings to management. "Those proposals we put to the company were thrown back at us."
Marston also announced a companywide freeze on basic pay and said cabin crews operating out of London's Heathrow Airport would be downsized -- so that the typical 747 jet flying from London's Heathrow Airport on a long-haul trip would take off carrying 14 members of crew instead of the usual complement of 15.
Marston said customers weren't likely to notice the difference, but Doyle called the change "very concerning."
"They're going to try to get more and more out of fewer and fewer people for less and less money," she said.
BA said the changes -- which come into effect in the middle of November -- were needed to ensure the company stayed alive.
"Without changes, we will lose more money with every month that passes," a company statement said. "It is essential we make ourselves more efficient if we are to ensure our long-term survival."
The airline added that it was "not altering anything that requires negotiation."
The economic downturn has hit carriers like BA particularly hard as individual travelers and companies balk at paying for a seat in first or business class, particularly on short-haul flights. The airline posted a 94 million pound ($150 million) quarterly loss in July. Earlier that month, the airline announced plans to raise 600 million pounds to help it plug its deficits and convinced pilots at the airline to agree to a 2.6 percent pay cut.
U.S. airlines have also suffered amid the souring economy, higher fuel prices, and other issues.
Atlanta-based Delta Air Lines Inc., the world's biggest airline operator, said in June that its staff levels would be down more than 8,000 jobs by the end of 2009 compared to spring 2008.
Wow, the DAL Family has slimmed down.
Yeah.. now there's a shocker!
Gets Weekends Off
Joined APC: Jun 2008
Posts: 3,716
Would imagine that it is a toss up between how much you lose currently vs giving away certain markets, and allowing your competitior to gain market share and make money.
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