Any "Latest & Greatest" about Delta?
01-17-2015 | 07:49 AM
Gets Weekends Off
Joined: Oct 2009
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The entire focus will shift to total compensation instead of the billions Delta is making and the billions we made in concessions.
No talk of restoring our bankruptcy concessions that are no longer needed.
No talk of restoring our bankruptcy concessions that are no longer needed.
01-17-2015 | 07:52 AM
Ex Pax: Saab Scandia
Joined: Nov 2014
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Unfortunately unless oil prices shoot up in the next weeks, the mark to mark provision gets realized as I understand pretty much all of Delta's hedge book expires in 2016. Hopefully Delta's operational profits are boosted by low fuel prices more than the hedge losses that will need to be written off in 2016 if prices stay where they are.
01-17-2015 | 08:25 AM
Gets Weekends Off
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From: Captain Jack
you got is spent already don't ya!?
hoping there might be just a little left over if its higher than you thought?
01-17-2015 | 08:48 AM
Works Every Weekend
Joined: Dec 2007
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From: 737 ATL
From my seekingalpha email this morning---oof!
• Among airlines, American (NASDAQ:AAL) should not suffer the cost headwinds related to mark-to-market hedge losses, unlike peers that hedge jet fuel; Delta (NYSE
AL) can expect a $2B hedge-related loss, Southwest (NYSE:LUV) should see a $500M loss and United (NYSE:UAL) a $200M loss.
• Among airlines, American (NASDAQ:AAL) should not suffer the cost headwinds related to mark-to-market hedge losses, unlike peers that hedge jet fuel; Delta (NYSE
AL) can expect a $2B hedge-related loss, Southwest (NYSE:LUV) should see a $500M loss and United (NYSE:UAL) a $200M loss.Management drops $2 billion gambling in the futures market.
Guess who will get the giant bonus check?
01-17-2015 | 08:49 AM
Gets Weekends Off
Joined: Jul 2009
Posts: 1,044
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From: Lowest Pay I Could Find
Yeah, but two billion dollars of the concessions just got lost by the hedge fund manager at the oil speculation roulette table so can't we just call it even?
01-17-2015 | 09:16 AM
The Brown Dot +1
Joined: Jun 2009
Posts: 7,775
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From: 777B
American JCBA TA hourly rates exceed ours by 1/1/16
Group 2 19% 320/maddog/737
Group 3 23% 757/767
Group 4 17% widebody
Let the whining and spinning and "total compensation" nonsense begin.
The line pilots will NEVER accept less than AA rates. So the insiders will COMPLETELY disregard the contract survey and cut our profit sharing.
After all, what do the line pilots know?
Group 2 19% 320/maddog/737
Group 3 23% 757/767
Group 4 17% widebody
Let the whining and spinning and "total compensation" nonsense begin.
The line pilots will NEVER accept less than AA rates. So the insiders will COMPLETELY disregard the contract survey and cut our profit sharing.
After all, what do the line pilots know?
Alfa,
What say you?
01-17-2015 | 09:19 AM
Weekend and Holiday Pilot
Joined: Jan 2007
Posts: 1,152
Likes: 1
From: Sippin' at the Troubadour
From my seekingalpha email this morning---oof!
• Among airlines, American (NASDAQ:AAL) should not suffer the cost headwinds related to mark-to-market hedge losses, unlike peers that hedge jet fuel; Delta (NYSEAL) can expect a $2B hedge-related loss, Southwest (NYSE:LUV) should see a $500M loss and United (NYSE:UAL) a $200M loss.
• Among airlines, American (NASDAQ:AAL) should not suffer the cost headwinds related to mark-to-market hedge losses, unlike peers that hedge jet fuel; Delta (NYSE
AL) can expect a $2B hedge-related loss, Southwest (NYSE:LUV) should see a $500M loss and United (NYSE:UAL) a $200M loss.
01-17-2015 | 09:19 AM
The Brown Dot +1
Joined: Jun 2009
Posts: 7,775
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From: 777B
01-17-2015 | 09:37 AM
Works Every Weekend
Joined: Dec 2007
Posts: 3,506
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From: 737 ATL
01-17-2015 | 09:39 AM
Gets Weekends Off
Joined: Apr 2012
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From: 7ER Costar
Looks like the painter didn't get to finish his job. Got the corners and cut in but didn't get to the roller.
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