Any "Latest & Greatest" about Delta?
10-04-2011 | 01:14 PM
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From: Boeing Hearing and Ergonomics Lab Rat, Night Shift
There never has been over or under capacity, just under revenue.
Unfortunately if you cut capacity to fix revenue you end up in a zero-sum game: A low margin business with reduced volume (capacity) means already low margin is further reduced.
For contract time we will hear all about how CASM is up, RASM is down, etc.
Let's keep in mind the DAL pilot portion of CASM is 30% less than the WN pilot portion of CASM. Pilot pay is not what is driving up cost...
Cheers
George
10-04-2011 | 01:22 PM
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From: window seat
10-04-2011 | 01:29 PM
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From: window seat
Not investment advice, do your own due diligence, you are responsible for your own actions.
That said and I hope I'm right. The Bernanke just finished talking and quite eloquently I must say. Clearly he put responsibility in the lap of the government. While he was talking, the market was slightly buoyed, bear market rally. Dead cat bounce for the laymen.
I'm not recommending that anyone does anything, but I like TZA at this point, maybe for the next week.
Anyone else got an opinion?
DYODD, not investment advice.
That said and I hope I'm right. The Bernanke just finished talking and quite eloquently I must say. Clearly he put responsibility in the lap of the government. While he was talking, the market was slightly buoyed, bear market rally. Dead cat bounce for the laymen.
I'm not recommending that anyone does anything, but I like TZA at this point, maybe for the next week.
Anyone else got an opinion?
DYODD, not investment advice.
I'm not smart enough to day trade so I gotta surf the long term trends.
10-04-2011 | 01:32 PM
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Where's that Delta hiring spree that was suppose to come? 
10-04-2011 | 01:33 PM
Line Holder
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Off topic but planning a pop up trip to Barcelona next week. Anyone know any hotel deals in BCN.
10-04-2011 | 01:33 PM
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From: B757/767
I know you know this Johnso but full planes are no accurate reflection on capacity...
There never has been over or under capacity, just under revenue.
Unfortunately if you cut capacity to fix revenue you end up in a zero-sum game: A low margin business with reduced volume (capacity) means already low margin is further reduced.
For contract time we will hear all about how CASM is up, RASM is down, etc.
Let's keep in mind the DAL pilot portion of CASM is 30% less than the WN pilot portion of CASM. Pilot pay is not what is driving up cost...
Cheers
George
There never has been over or under capacity, just under revenue.
Unfortunately if you cut capacity to fix revenue you end up in a zero-sum game: A low margin business with reduced volume (capacity) means already low margin is further reduced.
For contract time we will hear all about how CASM is up, RASM is down, etc.
Let's keep in mind the DAL pilot portion of CASM is 30% less than the WN pilot portion of CASM. Pilot pay is not what is driving up cost...
Cheers
George
10-04-2011 | 01:34 PM
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From: window seat
I'll grant you that, but it keeps coming back to the same intellectual catch 22. My main problem is someone telling me to trust them based on secret information and then me having to make a decision on said info. At the very least I think a majority of those in power should not sign NDA's or it gets quasi-oligarchy real quick.
gloopy, I kind of disagree.
I don't really care if we have internal guys "in the know" under NDA.
What's important is how that information is used.
If the information leads to great improvements in pay/workrules/seniority/qol then we all win.
I think the issue up for debate is how effective the people with access to non-public information are at getting those improvements... And the only way to know that would be to see the NDA information and look at the results...
Cheers
George
I don't really care if we have internal guys "in the know" under NDA.
What's important is how that information is used.
If the information leads to great improvements in pay/workrules/seniority/qol then we all win.
I think the issue up for debate is how effective the people with access to non-public information are at getting those improvements... And the only way to know that would be to see the NDA information and look at the results...
Cheers
George
10-04-2011 | 01:38 PM
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From: window seat
Uh.. what? Why WOULDN'T they be above board with those sworn not to tell what they have learned? I have no idea what the penalty for violating those kinds of agreements would be, but I would think it would damage any future relationship with management. With that in mind, it would be STUPID for someone to violate that trust, unless they had an agenda of screwing the pilot group as a whole. I know there are those that believe that might be the case, but... really?
10-04-2011 | 01:45 PM
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There are always airlines expanding where we contract. Right now it's Jetblue, Virgin America, Alaska, and Hawaiian. It's usually Southwest.
10-04-2011 | 01:47 PM
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From: window seat
Love it.
I said the same thing on training and am especially interested in hiding pay increases from the other employee groups and Wall Street.
I went on to say, I don't care if the company feels they have to give whatever we negotiate to the other groups. That's not our problem. Each group should get what THEY negotiate.
I said the same thing on training and am especially interested in hiding pay increases from the other employee groups and Wall Street.
I went on to say, I don't care if the company feels they have to give whatever we negotiate to the other groups. That's not our problem. Each group should get what THEY negotiate.
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