If they did, I missed it. New York was mentioned in terms of business travel recovering very nicely.

Just a WAG on numbers but here's an estimate on why:

DAL cost for a 777 roughly $210 million. (list 230-270 million)

Looking at 10Q: terms are quarterly payments on a 12 year note.

Commercial loans even in good economies are 7-10%.

So: 210mil at 8.5% over 12 years paying quarterly =

Payments of $5,951,716 quarterly

Interest over the life of the note: $107,682,391

x2 airplanes = $215,364,782 INTEREST EXPENSE!:eek:

Or in other terms: The cost of yet another 777-200LR.

Dave Ramsey would be proud of Delta for this.:D

I guess the 8-10% margin Halter mentioned was for Q2 only, since they kept repeating that they were not providing full-year guidance.

Hey Delta front enders, I have a quick question. I work out on E in ATL and I was curious what Delta's policy was on a walk around after a plane pulls into the gate for you guys? As a ALA I have 10 minutes to find any damage and 15 mins to report it to the coordination tower.

Well if/when CAL-UAUA and AMR-LCC or Jet Blue tie up there is going to be a lot a real estate in the greater NYC area that will need to be opened up. We may be waiting for some of that, who knows....

As for JFK they stated that are not 50% owners with Shippol of T-4 and that we are at the point of organizing the bods with the Port Authority for sale. As soon as that happens, they can get on with the plan to tear down three and build the bridge.

Might have been a wise idea not go give the press and mention of JFK since I am sure it is a mess given all of the passengers that cannot get to Europe. God knows we do not want a news feed from that mess if we can avoid it.

True, but they're already financing billions. So the only reasons (that I can think of) you would finance these (and thus repay some other debt) would be that a) you can't get good terms on these two, b) you want to reduce your current profits.

The notion that this is for balance sheet rebuilding doesn't make sense to me. Sure, you're not adding to debt, but you're also depleting your cash by an equivalent amount.

My guess is that Delta wants to show just enough profit to satisfy investors, but not so much they have to share with labor right away. We'll be "profitable" as soon as we sign contracts while we're "not profitable".

You mean is there a requirement to do a post-flight walk-around? There is normally none.

The only time that our books dictate that we do a post flight inspection is when we are at a non-maintenance station and another crew will not be picking the jet up for at least two hrs.

In ATL there will always be another crew or maintenance personnel that will check the aircraft. We do not do post flight during the course of a normal day since the next crew is generally waiting for us to get off the jet.

Say again?

Correct, and there is a reason for that. :D