Any "Latest & Greatest" about Delta?
10-16-2014 | 05:15 PM
Gets Weekends Off
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I'll have to reread the release. I thought we made a profit on the fuel hedges as well.
"$82 Million – The amount Delta reduced its fuel expense during Q3 as a result of fuel management initiatives, including $63 million in hedge gains and a $19 million profit at Delta’s Monroe Energy refinery subsidiary. The airline expects hedges and the refinery to reduce its overall fuel cost by $200 million for the entire year."
"$82 Million – The amount Delta reduced its fuel expense during Q3 as a result of fuel management initiatives, including $63 million in hedge gains and a $19 million profit at Delta’s Monroe Energy refinery subsidiary. The airline expects hedges and the refinery to reduce its overall fuel cost by $200 million for the entire year."
10-16-2014 | 05:53 PM
Runs with scissors
Joined: Dec 2009
Posts: 7,847
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From: Going to hell in a bucket, but enjoying the ride .
[QUOTE=EdGrimley;1747672]
Julie Yates - Credit Suisse
Good morning. Thanks for taking my question. This is a question for Paul. How should we think about 2015 non-fuel unit costs, taking into account the recent wage increase and if a pilot deal work to get done sooner than later? How comfortable do you feel you can still achieve the less than 2% growth in non-fuel CASM again after such strong cost performance over the last five quarters?
Paul Jacobson - CFO
Good morning, Julie. Well, heading into 2015 as we’re developing our operating plan right now, we still have the benefit of further increases in operating leverages as we continue to re-fleet and upgauge the airline, so that’s providing a lot of tailwind. We do have some cost pressures in 2015 but we have those every year. So we feel confident about our ability to keep it below 2% again next year.[/QUOTE]
Well there you go...
Julie Yates - Credit Suisse
Good morning. Thanks for taking my question. This is a question for Paul. How should we think about 2015 non-fuel unit costs, taking into account the recent wage increase and if a pilot deal work to get done sooner than later? How comfortable do you feel you can still achieve the less than 2% growth in non-fuel CASM again after such strong cost performance over the last five quarters?
Paul Jacobson - CFO
Good morning, Julie. Well, heading into 2015 as we’re developing our operating plan right now, we still have the benefit of further increases in operating leverages as we continue to re-fleet and upgauge the airline, so that’s providing a lot of tailwind. We do have some cost pressures in 2015 but we have those every year. So we feel confident about our ability to keep it below 2% again next year.[/QUOTE]
Well there you go...
10-16-2014 | 06:27 PM
Gets Weekends Off
Joined: Feb 2008
Posts: 397
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From: 7ERB, no M88, no 7ER, no A320, NEXT!
..................
10-16-2014 | 06:42 PM
Gets Weekends Off
Joined: Jan 2010
Posts: 177
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From: SEA7ERB
they have figured it out. There are 320 trips in SLC that pay a 3 day more than 15:45 with no credit. First day is a nightmare, day 3 is a nightmare, middle day off is FREE and not at home.
515 average is a joke.
515 average is a joke.
10-16-2014 | 06:47 PM
Da Hudge
Joined: Oct 2006
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From: Poodle Whisperer
10-16-2014 | 06:50 PM
Doesn't Get Weekends Off
Joined: Jun 2007
Posts: 2,599
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I got 4 trips in Nov ALL with LCA. Hopefully they are still going full blast with OE. Cha---Ching!
10-16-2014 | 06:53 PM
Doesn't Get Weekends Off
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10-16-2014 | 06:58 PM
Gets Weekends Off
Joined: Feb 2008
Posts: 20,876
Likes: 193
[QUOTE=Timbo;1747853]
Just one small fact to interject. The contract is not amendable until 2016.
Julie Yates - Credit Suisse
Good morning. Thanks for taking my question. This is a question for Paul. How should we think about 2015 non-fuel unit costs, taking into account the recent wage increase and if a pilot deal work to get done sooner than later? How comfortable do you feel you can still achieve the less than 2% growth in non-fuel CASM again after such strong cost performance over the last five quarters?
Paul Jacobson - CFO
Good morning, Julie. Well, heading into 2015 as we’re developing our operating plan right now, we still have the benefit of further increases in operating leverages as we continue to re-fleet and upgauge the airline, so that’s providing a lot of tailwind. We do have some cost pressures in 2015 but we have those every year. So we feel confident about our ability to keep it below 2% again next year.[/QUOTE]
Well there you go...
Good morning. Thanks for taking my question. This is a question for Paul. How should we think about 2015 non-fuel unit costs, taking into account the recent wage increase and if a pilot deal work to get done sooner than later? How comfortable do you feel you can still achieve the less than 2% growth in non-fuel CASM again after such strong cost performance over the last five quarters?
Paul Jacobson - CFO
Good morning, Julie. Well, heading into 2015 as we’re developing our operating plan right now, we still have the benefit of further increases in operating leverages as we continue to re-fleet and upgauge the airline, so that’s providing a lot of tailwind. We do have some cost pressures in 2015 but we have those every year. So we feel confident about our ability to keep it below 2% again next year.[/QUOTE]
Well there you go...
10-16-2014 | 07:11 PM
Runs with scissors
Joined: Dec 2009
Posts: 7,847
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From: Going to hell in a bucket, but enjoying the ride .
[QUOTE=sailingfun;1747894]
And your point is...?
My point is/was, even though we are getting a 3% raise on Jan 1. and the F/A's and others are getting 4%, operating costs will not rise above 2%, due in part to the concessions we gave up to get the 3% raise, and parking the 747's, etc.
At least we didn't leave any money on the table in 2012, you know what a mess that would have made!
Who would have to clean up that table?
Richard?
Oh...wait.
My point is/was, even though we are getting a 3% raise on Jan 1. and the F/A's and others are getting 4%, operating costs will not rise above 2%, due in part to the concessions we gave up to get the 3% raise, and parking the 747's, etc.
At least we didn't leave any money on the table in 2012, you know what a mess that would have made!
Who would have to clean up that table?
Richard?
Oh...wait.
10-16-2014 | 07:20 PM
Gets Weekends Off
Joined: Feb 2008
Posts: 6,070
Likes: 1
From: Urban chicken rancher.
Dude, it beats the hell outta what we had. I'm sorry that you're sorry....but most of us are thrilled. You're unhappy about a 3-day that pays more than 15:45 because there's no credit? Credits great but how about we get paid for TAFB? I'll take that any day.
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