Lets go way off the reservation for a second.

MD-9X looks a lot like the 717, and I beleive that there are a few of those that we can grab if needed. Might make sense if we can get a sub fleet like that. It is a stretch though. The 717 difference are what kept them off the property two years ago. It is very similar to the MD-9X. I can see the FAA signing off on that one!

 

As long as we hire enough pilots or operate enough widebodies that I can land on the last 7ER seat when they "stovepipe" us, that's all that matters!!

It is all about me, in case you didn't know!

 

Shiznit, they got a lot of hiring to do for that to happen!

 

Capital expenditures do not affect the profit and loss statement, in just the same manner that borrowing money does not affect the profit and loss. You can't "hide" profits by buying aircraft or paying down debt just like you cannot "create" profits by borrowing money. It is easy to mix up a cash flow and debt analysis with a profit and loss statement. Buying aircraft and paying debt are all cash flow items and not profit and loss.

Profit and loss basically deals with how much it costs to fly airplanes around, and how much you collect from your customers by flying airplanes around. Interest expense and lease costs are included in profit and loss. If you reduce your debt, you reduce your future interest payments and you increase your future profit.

This quarter Delta created a mountain of cash. They paid into pensions, early, they paid cash for 6 jets, they reduced debt and they added $600 million to their cash balance. This is good. Reducing the debt will only reduce our further interest payments and increase future profits. Remember that some of this mountain of cash came from future payments for summer flying, so these results will not be the same for the rest of the year.

You can't hide profits by paying cash for things, you can only reduce your debt and that is a good thing.

 

Just want to add that the updates the company is e-mailing out about the European operation are great.

Once again if you do not subscribe to the the e-mail updates I suggest you do.
DALnet Flight Operations Pilot

E-mail subscription Under the I-crew log on.

Third one in 24 hrs. It is good to get this info.

While you are at it, make sure you e-mail is up to date with D-ALPA too.

Log in to dal.alpa,org

Mypage

Update e-mail contact

 

Interesting nuggets in the CVG memo. Reserve Roulette seems crazy. Why the heck would someone do that?

 

For fNW guys:

Because of The way short call is assigned and because some pilots that were blockholders under fNW rules were forced to Reserve under DAL staffing rules.

They were the junior blockholders that used to take the 68 hours of pay to sit reserve at home.

Now we have commuters on Reserve that get a SC day, they show up for SC, they commute home on a 3 hour flight, to find a message from scheduling that they are on SC the very next morning.

SC needs to be tweaked because guys that were forced to reserve without being allowed to bid off to another plane where they could be blockholder (BP5), end up calling in sick for SC rather than be fatigued. Some improvements were mentioned in an earlier post. The randomness of SC assignment seems to be a big factor.

Just my opinion.

 

Outstanding!!!

Denny

 

What happens to the merger stock we all received when the new 401K takes effect?
I have heard we MUST sell it prior to the new choices or it will be sold and placed into one of the predesignated funds.....any truth to this?
What are the opinions out there on these changes?

 

Didn't everyone have the opportunity to bid to a different airplane/position in the AE that closed right after Jan 1?

I know I could of bid to DTWDC9B if I wanted to avoid commuting and reserve, but I made a choice to stay on my equipment.