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Originally Posted by TheManager
(Post 1669825)
USAirways ended the last quarter with over $480 million in profit and $10.6 billion in cash and short term investments.
Delta had $2.97 billion in cash on hand. Their revenue generation capability, particularly with regard to route structure and alliances, appears actually better than Delta's. Parker will be every bit as formidable as RA and he has a good team in place. A lot of the same managers that have been with him since I witnessed him in action when he was the #2 and the real brains behind AmWest. |
I don't know if anybody noticed but the DPMP is banging on 'E', what a surprise! Bammy care here I come. But I still have my flight benefits...HaHaHa.... my stomach hurts.
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Holy Cow! What a game! What a heartbreaking ending!!
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Originally Posted by buzzpat
(Post 1669911)
Holy Cow! What a game! What a heartbreaking ending!!
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Originally Posted by DeadHead
(Post 1669913)
Couldn't of been more than 15 seconds left on the clock!
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Originally Posted by TheManager
(Post 1669857)
Please try again.
To refresh your recollection, you claimed that management did not state to the financial press and analysts that it was a cost neutral contract in 2012, but rather a contract that's costs were essentially out weighed by revenue. Edward Bastian - President: I'd say the other thing Kevin there that we did not necessarily forecast or see coming is clearly the opportunity we had with our pilots to do the contract early. It's going to pay significant dividends over time, as it will have a big cost return to it, not just in terms of improved productivity, but the ability to fairly substantially restructure the domestic fleet, but those costs came in right away, so that's in our September guidance as well. It sounds like Ed is saying our contract was not only cost neutral but would actually "pay significant dividends". Here's the full transcript. The quote is on page 6 of the Q&A: Delta Air Lines Inc DAL Q2 2012 Earnings Call Transcript |
Originally Posted by 80ktsClamp
(Post 1669754)
Whoopsadaisy. I hope the agent and FA weren't hurt...
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Originally Posted by badflaps
(Post 1669893)
I don't know if anybody noticed but the DPMP is banging on 'E', what a surprise! Bammy care here I come. But I still have my flight benefits...HaHaHa.... my stomach hurts.
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Originally Posted by Al Czervik
(Post 1669854)
You just farted in church. 80 and buddies will be all over you soon.
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Actually I think the pertinent quote was from the 2012 Q3 earnings call:
We’ll take our next question from Mary Jane Credeur with Bloomberg News. Mary Jane Credeur - Bloomberg News Hi, folks. Can you talk a little bit about how you’re going to afford that new pilot contract? Richard Anderson Hi, Mary Jane, this is Richard. Sorry for not saying hello. When you look at the overall value that we’re going to create as a result of unlocking the ability to refleet plus the productivity that has been built into that agreement, we’re confident that it will be an important part of our ability to get to unit cost over the next couple of years to improve our margins and our return on invested capital. Glen Hauenstein And, Mary Jane, this is Ed. One additional thing, we also reduced the profit sharing going forward and that’s an important part of helping to fund that cost growth. Mary Jane Credeur - Bloomberg News Sure. Okay. Thank you. |
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