Any "Latest & Greatest" about Delta?
12-02-2014, 08:06 AM
:-)
Joined APC: Feb 2007
Posts: 7,339
Originally Posted by Jaxs170
Is there a price point where it just makes sense for the company to lock in prices even if it may go further down?
Delta is better off investing its cash resources in the employees, as well as flight equipment, and facilities.
12-02-2014, 08:10 AM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Originally Posted by Hrkdrivr
Or we are screwed. If we are, let's find a scape goat.
I said goat.
12-02-2014, 08:25 AM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Originally Posted by Mesabah
You don't really lock in a price per se, you trade heating oil futures, and when the price goes up, the gains offset the increased costs. Personally, I think hedging is straight gambling, and foolish, especially since the trading partners on Wall Street are extremely corrupt.
Delta is better off investing its cash resources in the employees, as well as flight equipment, and facilities.
Delta is better off investing its cash resources in the employees, as well as flight equipment, and facilities.
I like a good populist answer but if prices go up and you just spent a bunch of money on people and equipment, and your competitors didn't, you're screwed as are your employees. Best thing is to kill cost fluctuations.
12-02-2014, 08:37 AM
Works Every Weekend
Joined APC: Dec 2007
Position: 737 ATL
Posts: 3,506
Originally Posted by sailingfun
The 3Q loss was 284 million on hedges. ... Can't find our future hedging.
Any drop in oil prices is obviously going to be a net gain. I just hope the commodity market losses don't eat up too much of that gain.
Last edited by Check Essential; 12-02-2014 at 08:51 AM.
12-02-2014, 08:39 AM
Gets Weekends Off
Joined APC: Jun 2009
Position: Captain
Posts: 822
Originally Posted by Mesabah
You don't really lock in a price per se, you trade heating oil futures, and when the price goes up, the gains offset the increased costs. Personally, I think hedging is straight gambling, and foolish, especially since the trading partners on Wall Street are extremely corrupt.
Delta is better off investing its cash resources in the employees, as well as flight equipment, and facilities.
Delta is better off investing its cash resources in the employees, as well as flight equipment, and facilities.
You don't have to hedge on heating oil when you own a refinery. You can hedge crude which has a much larger market.
The lower the price of crude, the more sense it makes to lock it in long term as there is more upside potential than downside. One only has to go back and look at swa when they were able fix their costs for many years.
If gas drops to $2 a gallon, I would consider locking in that price for the next couple
Of years if it were easy for the average consumer. Yeah, it could go to a buck and I lose, but it more likely to go back to $4...
Sent from my iPhone using Tapatalk
12-02-2014, 08:41 AM
Doesn't Get Weekends Off
Joined APC: Jun 2007
Posts: 2,598
A few seniority facts for the junior folks.
According to my math we had 241 retirements for 2014 based on the Dec seniority list.
I think we had less than 100 mandatory retirements scheduled.
2015 has 146 mandatory retirements scheduled.
At the start of 2014 I had 1099 guys/gals junior to me on the list
At the start of 2015 I will have 2037 guys/gals junior to me.
That is 938 numbers added to the list for the year.
12,316 total pilots on the list.
12,430 total pilots on the day of the SLI Dec 2008
January classes should put us back over the total number of pilots we had the date of the SLI.
Not a bad year for seniority movement at Delter.
According to my math we had 241 retirements for 2014 based on the Dec seniority list.
I think we had less than 100 mandatory retirements scheduled.
2015 has 146 mandatory retirements scheduled.
At the start of 2014 I had 1099 guys/gals junior to me on the list
At the start of 2015 I will have 2037 guys/gals junior to me.
That is 938 numbers added to the list for the year.
12,316 total pilots on the list.
12,430 total pilots on the day of the SLI Dec 2008
January classes should put us back over the total number of pilots we had the date of the SLI.
Not a bad year for seniority movement at Delter.
12-02-2014, 09:02 AM
Gets Weekends Off
Joined APC: Jul 2010
Position: 7er
Posts: 1,673
Originally Posted by RockyBoy
A few seniority facts for the junior folks.
According to my math we had 241 retirements for 2014 based on the Dec seniority list.
I think we had less than 100 mandatory retirements scheduled.
2015 has 146 mandatory retirements scheduled.
At the start of 2014 I had 1099 guys/gals junior to me on the list
At the start of 2015 I will have 2037 guys/gals junior to me.
That is 938 numbers added to the list for the year.
12,316 total pilots on the list.
12,430 total pilots on the day of the SLI Dec 2008
January classes should put us back over the total number of pilots we had the date of the SLI.
Not a bad year for seniority movement at Delter.
According to my math we had 241 retirements for 2014 based on the Dec seniority list.
I think we had less than 100 mandatory retirements scheduled.
2015 has 146 mandatory retirements scheduled.
At the start of 2014 I had 1099 guys/gals junior to me on the list
At the start of 2015 I will have 2037 guys/gals junior to me.
That is 938 numbers added to the list for the year.
12,316 total pilots on the list.
12,430 total pilots on the day of the SLI Dec 2008
January classes should put us back over the total number of pilots we had the date of the SLI.
Not a bad year for seniority movement at Delter.
12-02-2014, 09:07 AM
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,277
Originally Posted by Delta1067
Were the 55 early outs removed from the Dec seniority list? Seems like I moved up a lot of #'s, more than usual.
12-02-2014, 09:12 AM
Gets Weekends Off
Joined APC: Jul 2007
Position: Left seat of a little plane
Posts: 2,398
Originally Posted by Hrkdrivr
I'm trying to get into PBS Navtech to get the desktop app and haven't been able to log on since last night.
What Bid Awards are being processed besides the PCS runs?
What Bid Awards are being processed besides the PCS runs?
It is also when the CQ bidding is processed, by the way. Add those two items together and usually PBS is not available for a couple of days at the very beginning of the month.
12-02-2014, 09:17 AM
Gets Weekends Off
Joined APC: Feb 2007
Posts: 1,044
I'm not trying to be humorous.
It seemed at least once a week this year we would get news of a pilot passing away. That could be some of the additional movement this year.
Anyone know if these folks passing are on sick leave, freak accidents, or just keeling over?
I've seen a lot of stuff that indicates that even a healthy person that works out can be overcome by too much sedentary time.
Is this job killing is?
It seemed at least once a week this year we would get news of a pilot passing away. That could be some of the additional movement this year.
Anyone know if these folks passing are on sick leave, freak accidents, or just keeling over?
I've seen a lot of stuff that indicates that even a healthy person that works out can be overcome by too much sedentary time.
Is this job killing is?
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