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http://www.ajc.com/business/airlines...d-1052334.html
Does anyone think recapturing some of these taxes and fees might hurt us in the long run? I'm torn really, I think we needed to do it to avoid our competition from getting a $4-5 million dollar a day revenue advantage from us, but I can see the government trying to rake us over the coals when they eventually sign an FAA budget bill. Found this statement somewhat perplexing; "For Atlanta-based Delta Air Lines, that amounts to $4 million to $5 million a day in extra revenue, the company said Wednesday." So if my public school math education serves me any purpose here, Delta pays approximately $1.642 Billion on a annual basis as their share of tax and fees contributions off of passenger/customers. ($4.5 million X 365 days= $1.642 billion/year) Trying to research what the FAA's overall budget is on a year to year basis. Seems like we are paying ALOT of money to this agency every year, money that could have helped keep us out of bankruptcy court in the earlier part of this decade. |
Hypocrisy at it's best. The govt is just ticked someone else's hand is in the cookie jar & they can't do squat about it. Maybe they should focus on our country not defaulting on our loans, or getting the FAA taken care of. :rolleyes:
If those morons in Washington could do anything other then fight, they'd be collecting their precious taxes right now!! :mad: |
Originally Posted by johnso29
(Post 1030019)
Hypocrisy at it's best. The govt is just ticked someone else's hand is in the cookie jar & they can't do squat about it. Maybe they should focus on our country not defaulting on our loans, or getting the FAA taken care of. :rolleyes:
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Originally Posted by acl65pilot
(Post 1029968)
Did not look at the volume, but I believe that Wall Street is losing its nerve wrt to DAL. We blasted though our 52 week lows a few weeks ago, got the added capacity cuts that I feared, and now the investors are at the point where DAL is not making the money they want, and CASM will start going up due to less ASM's.
I suspect that there is pressure on the leadership team to do something besides to stay the course. Management gives lip service to making profits for stockholders but they know the system is rigged. They have their hand in the stream. They get their million dollar salaries. That may be why SWA never used their enormous fuel hedge windfall of the last few years to generate huge profit. Instead they used it to cut fares and try to drive down profitability in the entire industry and maybe put some people out of business. We need top keep this in mind during negotiations. It is a mistake to think Delta needs to be profitable to pay us what we deserve. We need to view our salaries as a fixed cost to the airline just like rent or maintenance. |
Originally Posted by DeadHead
(Post 1030022)
Sure this is somewhat of a loaded statement, but personally I feel as the MOST successful/profitable companies in our country are the ones that have the least amount of taxes/fees imposed on them.
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Originally Posted by N9373M
(Post 1030006)
Looks like the entry hatch is sized to only allow "properly proportioned" FA's below ;)
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Originally Posted by JABDIP
(Post 1029937)
Stock volume pretty high today. Anyone know if it was biased towards accumulation. 3.5 million shares traded at 2:30 in a huge block. One really wonders????:confused:
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Originally Posted by johnso29
(Post 1030026)
I don't disagree with that. Look at the oil companies. But my point is they need to be focused on ONE thing right now. The clock is ticking.
As for the taxes and fees are industry sustains to the federal coffers, I would really like to see an exact annual budget for the FAA on an annual basis. I mean we pay $1.642 Billion every from our ticket sales, and that seems really big numbers. I understand the agency cannot sustain itself to run and needs revenue coming in for various projects and needs, but collecting $1.642 Billion off the hard work of our employs seems exploitative to me. |
Originally Posted by 1234
(Post 1030034)
ACL must have gotten his on-line trading working.
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Check, agreed! It is something to think about
BTW, anyone going to the MEC road show today in ATL? |
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