Airline Pilot Central Forums - Any "Latest & Greatest" about Delta?

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Quote:

Originally Posted by acl65pilot (Post 711396)

Anyone else getting posts nuked left and right with this server issue they seem to be having?

Yup...I just lost my long post after I clicked submit!

I have been copying everything prior to hitting submit.

Fix the server please........

Long term secured debt breakdown:
Due 2012 - 2014........$2.446 Billion
Due 2013.............................................. $750 million
Due 2014.............................................. $750 million
Due 2015.............................................. .$600 million
Installments due 2009 - 2023....................$5.4 Billion
Aircraft finance installments 2009-2025......$6.4Billion
Other installments due 2009 -2031.............$1Billion
Total secured debt is ................................$17.4 Billion

ACL, you are absolutely correct in the fact that we must pay this down and it makes me happy with the fact that management is focused on paying down the debt with income generated from operations and not just refinancing when the debt comes due (like what the US Treasury does...but that is for a different day/topic).

[Info was taken from the Oct 2009 10Q report]

Quote:

Originally Posted by scambo1 (Post 711280)

If you dont cover your own butt, the company will do whatever they want with you.

That's true. I suppose if I don't cover my buns, but all the guys jr to me did, then I could end up based on that island west of LAX. :p

Quote:

Originally Posted by upndsky (Post 711395)

We Another way of looking at this is that even with the arrival of the M90 into MSP, there's still going to be enough MSP 320 flying that they're not displacing a 320 crew for every M90. Barry said that there will be some 320 displacement to SLC, but not a whole lot.

Sounds like the MSP base is going to be getting a lot bigger.

Quote:

Originally Posted by 1234 (Post 711411)

My lack of caffeine made me omit the NWA debt. So yes, we have a ton of debt. What we have facing us, is that once this debt is restructured/paid off, we are in need to lots of jets. That is more debt.

And we have a big chunk of debt due in the 2012 - 2014 timeframe which coincidently corresponds to our contract negotiations.

Also, I would much rather see the debt on the books for a/c and equipment rather than revolving loans and money used for operating capital. We get these burdens taken care of and we will compete with anyone.

Quote:

Originally Posted by FedElta (Post 711304)

Hi Buzz,

Did you write a book about a guy with a golf tee ?
Regards,
FD

I did...and two more after that one. Kept me "gainfully employed" during furlough.;)

Quote:

Originally Posted by buzzpat (Post 711460)

I did...and two more after that one. Kept me "gainfully employed" during furlough.;)

Buzz,

Are they published? Like on the rack, ready to be bought from Borders, your face on the inside cover, published? :)

Quote:

Originally Posted by newKnow (Post 711469)

Buzz,

Are they published? Like on the rack, ready to be bought from Borders, your face on the inside cover, published? :)

Oh Yeah New, two were New York Times bestsellers. "Dereliction of Duty," "Reckless Disregard," and "War Crimes." Best, cheapest place to get them is Amazon.com. The first and third are out now in paperback.