Any "Latest & Greatest" about Delta?
07-19-2011 | 06:50 AM
Back on TDY
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
07-19-2011 | 06:58 AM
Gets Weekends Off
Joined: Jun 2008
Posts: 608
Likes: 0
From: Retired, again...
Acl,
My last gig was at one of the "darling " companies. I know I'm redundant, but we had, arguably, the best vacation contract in the industry.
With my own ears, I heard the CEO say it was just " good business " to have happy, well-rested , crewmwmbers.
Seniority, and age, were rewarded with increasing day allotments.
Sick leave usage reductions more than justified the vacation policies.
And, with the credit per day, slide and expand, you didn't have to go begging for extra trips to try to reach ALV.
One more bullet point for C2012.
Rant over,
BG
07-19-2011 | 07:10 AM
Happy to be here
Joined: Jun 2006
Posts: 18,563
Likes: 0
From: A-320A
Acl,
My last gig was at one of the "darling " companies. I know I'm redundant, but we had, arguably, the best vacation contract in the industry.
With my own ears, I heard the CEO say it was just " good business " to have happy, well-rested , crewmwmbers.
Seniority, and age, were rewarded with increasing day allotments.
Sick leave usage reductions more than justified the vacation policies.
And, with the credit per day, slide and expand, you didn't have to go begging for extra trips to try to reach ALV.
One more bullet point for C2012.
Rant over,
BG
My last gig was at one of the "darling " companies. I know I'm redundant, but we had, arguably, the best vacation contract in the industry.
With my own ears, I heard the CEO say it was just " good business " to have happy, well-rested , crewmwmbers.
Seniority, and age, were rewarded with increasing day allotments.
Sick leave usage reductions more than justified the vacation policies.
And, with the credit per day, slide and expand, you didn't have to go begging for extra trips to try to reach ALV.
One more bullet point for C2012.
Rant over,
BG
Invest in that asset, and guess what, your business gets you a return that cannot be measured on a balance sheet, a 10K report, or a on-time metric. It may show up here and there, but where it really shows up is customer satisfaction. In simple interaction of people to people is what sets the tone for your business.
Just like in the restaurant industry, Customers will forgive you for a bad meal, but they will not forgive you for bad service. That translates in to everything we do here. All of that starts with putting value in people. The first step in that is, recognizing a need to pay them correctly, respect their families needs, and understand that one may love their job but they work to live, not the other way around.
When I turned down SWA, I told them my reason, which was a few things, but family was at the top, and their response was, "Family comes first, and if you ever decided to work here, just give us a call and we will gladly take you." That right there says many things. It shows that the corporation gives the latitude to the employee to make a great decision, and it shows the cultural mindset that they put forth. That all comes from clearly showing though money and other means that you matter to your company. It really is not any simpler than that.
07-19-2011 | 07:21 AM
Gets Weekends Off
Joined: Jan 2008
Posts: 797
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From: 767-400
Now that the DAL stock link is off the Detlanet hompage. How do we get on the internet on company computers??
07-19-2011 | 07:25 AM
Happy to be here
Joined: Jun 2006
Posts: 18,563
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From: A-320A
07-19-2011 | 07:39 AM
Gets Weekends Off
Joined: Aug 2010
Posts: 2,530
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My opinion on this:
Like CPS and and Mesaba, DAL is shedding assets, not for a profit, but to get them off of their books. They are not worried about making money on these items, they are only worried about clearing them off the books. They are really cleaning house wrt to debt on the books. Pay attention to this.
The RFP is significant in my opinion, but there is something else going on. They are being very aggressive in dumping anything they can.
Like CPS and and Mesaba, DAL is shedding assets, not for a profit, but to get them off of their books. They are not worried about making money on these items, they are only worried about clearing them off the books. They are really cleaning house wrt to debt on the books. Pay attention to this.
The RFP is significant in my opinion, but there is something else going on. They are being very aggressive in dumping anything they can.
07-19-2011 | 07:44 AM
seeing the country...
Joined: Oct 2006
Posts: 4,015
Likes: 41
From: 73N A
07-19-2011 | 08:04 AM
Gets Weekends Off
Joined: Aug 2010
Posts: 2,530
Likes: 0
Someone's expecting it to go up...
News Headlines
Delta Air Lines shares set a new year low of $7.92 following fellow airline operator SkyWest Inc's lowering of its profit outlook. For details, see Delta's early option activity suggests at least one investor believes the shares have reached a bottom and will rally over the coming months, said Patrick Mortimer, director of options trading at Pipeline Trading Systems. The September $9 calls have volume of more than 11,000 contracts traded already with one block of 7,944 contracts purchased for a premium of 31 cents per contract. These options will need shares to rally 16.3 percent from a share value of $8.01 level by September expiration for the buyer to begin to see any profits. Also showing bullish sentiment is the activity in the August $9 puts, as more than 7,000 contracts have traded with a majority of the activity on the bids, he said. Mortimer noted the strike's open interest is high enough to cover this activity so the trading in these puts could be investors closing out bearish long put positions. Total option volume is about 33,000 contracts, consisting of 21,000 calls and 12,000 puts crossing the tape by early afternoon, nearly double the average daily volume, according to Trade Alert.
News Headlines
Delta Air Lines shares set a new year low of $7.92 following fellow airline operator SkyWest Inc's lowering of its profit outlook. For details, see Delta's early option activity suggests at least one investor believes the shares have reached a bottom and will rally over the coming months, said Patrick Mortimer, director of options trading at Pipeline Trading Systems. The September $9 calls have volume of more than 11,000 contracts traded already with one block of 7,944 contracts purchased for a premium of 31 cents per contract. These options will need shares to rally 16.3 percent from a share value of $8.01 level by September expiration for the buyer to begin to see any profits. Also showing bullish sentiment is the activity in the August $9 puts, as more than 7,000 contracts have traded with a majority of the activity on the bids, he said. Mortimer noted the strike's open interest is high enough to cover this activity so the trading in these puts could be investors closing out bearish long put positions. Total option volume is about 33,000 contracts, consisting of 21,000 calls and 12,000 puts crossing the tape by early afternoon, nearly double the average daily volume, according to Trade Alert.
07-19-2011 | 08:12 AM
At home on the maddog!
Joined: Mar 2009
Posts: 2,874
Likes: 0
From: Retired (mandatory age 65)
Everyone tries to figure out what they are doing that makes them so special, but every business wizard glosses over the first part, People. In Fed Ex's case it is PSP. People-Service-Profit. In SWA's case it is very similar, People.
Invest in that asset, and guess what, your business gets you a return that cannot be measured on a balance sheet, a 10K report, or a on-time metric. It may show up here and there, but where it really shows up is customer satisfaction. In simple interaction of people to people is what sets the tone for your business.
Just like in the restaurant industry, Customers will forgive you for a bad meal, but they will not forgive you for bad service. That translates in to everything we do here. All of that starts with putting value in people. The first step in that is, recognizing a need to pay them correctly, respect their families needs, and understand that one may love their job but they work to live, not the other way around.
Invest in that asset, and guess what, your business gets you a return that cannot be measured on a balance sheet, a 10K report, or a on-time metric. It may show up here and there, but where it really shows up is customer satisfaction. In simple interaction of people to people is what sets the tone for your business.
Just like in the restaurant industry, Customers will forgive you for a bad meal, but they will not forgive you for bad service. That translates in to everything we do here. All of that starts with putting value in people. The first step in that is, recognizing a need to pay them correctly, respect their families needs, and understand that one may love their job but they work to live, not the other way around.
When I turned down SWA, I told them my reason, which was a few things, but family was at the top, and their response was, "Family comes first, and if you ever decided to work here, just give us a call and we will gladly take you." That right there says many things. It shows that the corporation gives the latitude to the employee to make a great decision, and it shows the cultural mindset that they put forth. That all comes from clearly showing though money and other means that you matter to your company. It really is not any simpler than that.
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