Hmmm...Did Bluto give you the fraternity brother name: "flounder"? :D

Carl

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You guys know pages you can control posts per page in your User CP. Try setting 40 per page and cut down on the page count. Just be ready to do more scrolling. ;)

What line did what show up on? Many of these expenditures, et al are buried in the data. What most companies release is/ are final numbers. What I would love to see and maybe you and the rest of the MEC get to see is how each and every line is derived.

It also depends on how each of these items is hit, how Delta does it cost accounting, how they depreciate etc. All of that will effect Pre Tax Earnings.

You can tinker with how much CAPex you are costing out say per quarter over the life of a project, or per year as programs will run multiple years. These hits do not need to take place evenly over a project, or expenditure. I know you know this.

To come to the conclusion that our accounting is a manifestation of depict is empirically incorrect. It is an art form. How, when and what we hit, where we hit etc is in many cases is discretionary as many assets will bridge divisions of a corporation, or many projects will be completed my many depts. in an organization.

My point and it will remain my point is that I would love to see the formulas, where the raw data is pulled, etc to come up with one single line on our earnings report. It is truly fascinating to me how different accountants looking at the same raw numbers will both arrive at different results depending on how they hit certain costs, appreciations ,deprecations etc. The numbers are not "wrong" and making the point is incorrect. The point is that a "good" accountant or accounting dept can report data differently. Most of it is simple like fuel costs, gate, terminal, hanger leases, which are paid on a set sked. What gets fun is where things like RJ's that DAL owns are hit. Do they hit the DAL balance sheet, then hit DCI or the third party's balance sheet differently. Is it a direct pass-though, or does DAL pay more per jet than what they lease it to them at. Em are the details I am taking about.

As for tomorrow. I would listen as everyone is laying hint bombs abound that tomorrow will finally show some direction in which the corporation is heading.

I had mine on 1 per page D'OH!

I know, but it works better to keep the post count per page down so that it loads quicker on the PDA's :p

I am not suggesting what you are hinting at Bar. Point is that 300 million a year is in reality just an on-going CPAex that we have been doing for quite some time.

If we get Jets it will be because they are darn near free. We NEED to pay down the debt. If we do not we will be back in CH 11 during the next downturn. We are surviving now, but add to the debt with frivolous purchases etc, and it will become too much for the corporation to bear.

My point is that 1 BILLION on interiors is one of many medium sized projects that will undertake over the next few years. Like I said expect the next one to be to modernize out ground support equipment. It seems to go in five to seven year cycles.

Does this program include the fNWA 5500 series 757's? Not one has been painted yet.

No, it's not. We've been doing just south of $3 billion per year for quite some time. Their actions will show if they're serious about paying down debt. Debt interest service was north of $1.3 billion this year.

Are we getting ourselves all "wrapped around the axle" about something that's really a small drop in the ocean?

Seems to me that most 121 carriers have some sort of comparable sick leave policy.

You're gonna have the guys that "never" call in just on principal. Then there are the guys who call in often " just on principal".

These factions exist at EVERY airline, no matter what.

So, as some have said, it comes down to what you negotiate, and your personal qualifications.

Captain "I know all, bow to me, you know nothing." (I'll let you guess who that is" might have one definition of what fair is. Guy #6748 might have a totally different perspective.

Base closures

cutbacks ...etc...

At the end of the day, ...honestly...how many guys are abusing the policy AA it relates to the whole.

We all, north and south, understand the negative implications of bangin in for no good reason (commute got screwed included).

Lighten up!

Side note:

I understand what you're saying Carl, about losing a huge amount of sick time right at the end. Um.... I can't find a better way to say it:

"Go Home!"

Carl, I can't believe you forgot our days in College. We played Golf together ... remember when you taught me how to fix my slice?

YouTube - Animal House - Classic Golf Lesson

Thanks and that's my point.

Bastian's statement is really just putting lipstick on something that would otherwise just be "maintenance" and despite all the allegations of incredible accounting creativity this is an area that falls under our tax code, as FedEx found out with their treatment of engine overhaul costs.