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-   -   Any "Latest & Greatest" about Delta? (https://www.airlinepilotforums.com/delta/36912-any-latest-greatest-about-delta.html)

Smokey23 06-25-2014 04:30 PM


Originally Posted by tsquare (Post 1671944)
That is true, and they have an ace in the hole.... bag fees. An instantaneous injection of huge amounts of cash to the bottom line. But, their growth potential vis-a-vis the big 3 is extremely limited. That is what is very interesting to me as an investor because you invest in business based on growth and risk (and growth potential). LUV has little risk overall because of that balance sheet, but their growth (potential) is anemic. the big 3 on the other hand, while having mountains of debt presently, are eating into that debt aggressively, and we all know how DAL will have it to $7B this year and $5B in 2016.

T, when you are talking about various airlines' growth potential, are you referring to growth of stock price or growth of mainline fleet?

gloopy 06-25-2014 04:35 PM


Originally Posted by daldude (Post 1671939)
As a SLC guy I would say if you like being jr and staying junior come on over. I have been at Delta 14 years and am still in the bottom 50% on the 737.

I feel your pain bro.

But its probably not fair to use that past performance as a future indication. 14 years means about 2000 hire. Since then there has only been 4 years of hiring in that 14 years until early this year. 10 years of stagnation and half a decade of furloughs. That 14 year block is likely not represenative of the next 14 year block for a new hire hired today.

I think if a new hire can pass up an opposite coast upgrade for a while and is willing to be a reserve or junior line holder for a while, DL is a pretty good choice for many with west coast ambitions given the trend we're seeing. While its subject to change, so are 100% of the alternatives.

tsquare 06-25-2014 04:35 PM


Originally Posted by Dorfman (Post 1671985)
Actually T I use this strategy for greenies. I am middle of the pack so I usual bid a schedule that gives me time off at the end of the month. By then all the sr. Guys have gotten their green slips. So far so good I am 8 for 9 the last 9 months. The only month I did not have a green slip was in Jan when I had a big block of days off in the beginning. Caveat is I bid regular lines each month so with reserve your mileage may vary

Yeah I tried that this month by bidding reserve with Xs at the end. I have been off since Monday, and I am off the rest of the month. My category hasn't had any GSs all month to speak of. Prolly none gonna come my way either.

80ktsClamp 06-25-2014 04:36 PM


Originally Posted by gloopy (Post 1672006)
Even if you fully count DEN as "west coast" I'm not sure that's a fair thing to say as a blanket statement. Even if you add Guam to that figure its still pushing it. :rolleyes:

How many pilots does UCAL have on the west coast anyway? If SEA can grow significantly, and all signs point to that happening, and if LA grows even a tiny bit and SLC stays the same, with the movement we are seeing there will be plenty of west coast opportunities for new hires unless they have some irreconcilable precondition of walking into a west coast base in year one no matter what. In which case I'm not so sure UCAL will always be offering that anyway.

Yup. UCAL is giving up gates in LAX, isn't even trying in SEA, but does remain in SFO.

gloopy 06-25-2014 04:39 PM


Originally Posted by EdGrimley (Post 1671967)
Wolfe: Delta’s move into Boston could ultimately prove good news for JetBlue • 6:49 PM

Delta Air Lines (DAL) last week included Boston in its list of key hubs and markets for the first time, worrying JetBlue (JBLU) investors, but Wolfe Research thinks DAL’s decision could be good news for JBLU, much in the way it ultimately was for Alaska Air (ALK).
Wolfe believes JBLU management seeks a 7% return on investment capital this year, but it does not see it happening under the current strategy; the firm figures DAL's growth into Boston might help to force hard choices, as it did for Alaska Air.
ALK shares fell 26% from peak to trough in May-June 2013 on fears of competitive capacity growth, which led it to take action on fees and resulting in ALK stock gains doubling over the next year.
Previous: Aggressive push by Delta Air Lines disrupts rivals.

That was one of the funniest analcyst articles I've read in a very long time.

So DL's refocus in BOS (I'll believe it when I see it by the way) is good for JB because its going to hammer JB and force them to change almost everything about their business model (did you see he even put "fleet simplification" in there! LOL!) so let's price that in now. :D That's good stuff. I mean that's really good stuff.

tsquare 06-25-2014 04:47 PM


Originally Posted by Smokey23 (Post 1672010)
T, when you are talking about various airlines' growth potential, are you referring to growth of stock price or growth of mainline fleet?

Growth of earnings which would come from growth of fleet (whether it be organic or codeshared) Yeah I know we don't like codeshare, but I am talking about their ability to grow earnings which attracts investors. Dividends and a good balance sheet will only go so far. They have to grow or else the big money will eventually abandon ship for companies that are growing earnings at a higher rate which translates to a better stock price. So.... The pilots' scope clause is onerous to allow much growth going forward. They need to provide some sort of product that they do not now offer. (1st class, international... something) The only way out of it is to add a second or third aircraft type.... or... get rid of the scope clause. But to answer the question more directly, I am looking at it from an investment perspective which will drive management's tactics. They are handcuffed by 2 things: Their fleet (the 737 is played out in all the markets that make it efficient, and profitable markets are all drying up) and that scope clause. Something has to give.....

EdGrimley 06-25-2014 05:11 PM


Originally Posted by gloopy (Post 1672020)
That was one of the funniest analcyst articles I've read in a very long time.

So DL's refocus in BOS (I'll believe it when I see it by the way) is good for JB because its going to hammer JB and force them to change almost everything about their business model (did you see he even put "fleet simplification" in there! LOL!) so let's price that in now. :D That's good stuff. I mean that's really good stuff.

Yeah I thought it was an interesting angle. Hey, give credit for trying to spin some positive....."your car broke down on the freeway....what a blessing in disguise...after walking 10 miles to a gas station you will gotten a great cardiovascular workout!" :)

buzzpat 06-25-2014 05:40 PM


Originally Posted by gloopy (Post 1672014)
I feel your pain bro.

But its probably not fair to use that past performance as a future indication. 14 years means about 2000 hire. Since then there has only been 4 years of hiring in that 14 years until early this year. 10 years of stagnation and half a decade of furloughs. That 14 year block is likely not represenative of the next 14 year block for a new hire hired today.

I think if a new hire can pass up an opposite coast upgrade for a while and is willing to be a reserve or junior line holder for a while, DL is a pretty good choice for many with west coast ambitions given the trend we're seeing. While its subject to change, so are 100% of the alternatives.

Just passed 13 years on the 73 in LAX. Currently at about 67%. I was at 40% back in 2008.

daldude 06-25-2014 06:07 PM


Originally Posted by buzzpat (Post 1672076)
Just passed 13 years on the 73 in LAX. Currently at about 67%. I was at 40% back in 2008.


Ok Buzz,

I have yet to understand why we continuously move backwards in this time of hiring and new captains (over 500 according to people on this board). I actually dread AE's because I inevitably move backwards on every AE for nearly half of a decade. I was also exactly 40% in 2011 and am now 60%ish. Why exactly is this happening? at this rate you will be displaced out of LA by 2017. Does this concern and/or surprise you.

Just venting not trying to bring doom and gloom to the west. I'm sure it is better that seems.

bluejuice71 06-25-2014 07:29 PM


Originally Posted by buzzpat (Post 1672076)
Just passed 13 years on the 73 in LAX. Currently at about 67%. I was at 40% back in 2008.

Close to 14 years & at 70% on 737 in ATL.


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