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Old 10-25-2011 | 02:51 AM
  #78741  
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Guessing 1.02 EPS....
Old 10-25-2011 | 03:57 AM
  #78742  
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From: Light Chop
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$765 million dollar profit.

I'm so glad we've had our expectations managed downwards to 5% increase over bankruptcy save the company wages over 5 years.

My only question is you have Sailing, who is more pro-ALPA then pro-DPA , saying SWA pay ain't enough.

is that a minority or majority within the circle of DALPA? Because maybe DALPA realized this was coming and said, oh, survey extended because you couldn't vote on a China overnight and btw think about this as you insert your % increases. ?

One could only hope such a sly move was intentional.
Old 10-25-2011 | 03:58 AM
  #78743  
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From: Light Chop
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(RTTNews) - Delta Air Lines Inc. (DAL: News ) reported that its third-quarter net income was $549 million or $0.65 per share, up from $363 million or $0.43 per share in the same quarter last year.

Delta's net income for the latest quarter was $765 million or $0.91 per share, excluding special items. Analysts polled by Thomson Reuters expected the company to report earnings of $0.93 per share for the quarter. Analysts' estimates typically exclude special items.

The company posted special items totaling a $216 million charge in the latest quarter, primarily related to mark to market adjustments for open fuel hedges settling in future periods.

Total operating revenue for the quarter rose to $9.82 billion from $8.95 billion in the prior year quarter. Thirteen analysts had consensus revenue estimate of $9.73 billion for the quarter.
Old 10-25-2011 | 04:01 AM
  #78744  
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de le te d... see ^^^^
Old 10-25-2011 | 04:26 AM
  #78745  
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Here's more good news...

-- The House voted Monday to exclude U.S. airlines from an emissions cap-and-trade program that the European Union plans to impose on all airlines flying to and from the continent beginning next year.
Old 10-25-2011 | 04:58 AM
  #78746  
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...............
Old 10-25-2011 | 05:15 AM
  #78747  
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From: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
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Originally Posted by forgot to bid
Delta's net income for the latest quarter was $765 million or $0.91 per share, excluding special items. Analysts polled by Thomson Reuters expected the company to report earnings of $0.93 per share for the quarter. Analysts' estimates typically exclude special items.
So we had a great quarter ... and missed expectations. Those were some pretty stonkin high expectations, given that even the mighty SWA is posting a loss.

None the less, bet I our stock gets pounded because we "missed."

I'm pleased with the numbers. Maybe our management will find some merit to getting into the airline business, instead of simply running a glorified travel booking service.
Old 10-25-2011 | 05:27 AM
  #78748  
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From: 737A
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Our stock always dives on earnings day. A guy smarter than me could probably make some money on that pattern. Missed by .02c? sounds pretty good to me.
Old 10-25-2011 | 05:29 AM
  #78749  
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Ual reports on Thurs and it will be good. That's the leverage dalpa (vis-a-vis ualpa) needs for significant gains. They will be leading the charge.
Old 10-25-2011 | 05:30 AM
  #78750  
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Originally Posted by gloopy
It didn't say anything about organic growth. It implied some 737 airframes earlier than originally planned, and maybe some extra of those particular airframes eventually, but those were all replacement airframes in the first place.

The 777 rumor was extremely vague and besides I think its clear we are a 2 engine airline. We want out of the 4 engine business bad. That's what JV partners are for anyway. As for the ammendable date thing, even if he said that, what is his definition of agreement?

Status quo or worse scope? An outsourced 250+ fleet of DC-9-10 replaement jets on another seniority list? Route transfers to Alaska as we outsource 737-900's on high frequency dense markets between massive DL cities in exchange for a little bit more wide body flying (the most insane stratedgy ever)?

As for pay, does RA think our bankruptcy emergency survival loan contract is some new world order in the permantly changed landscape of pilot costs? And does he also think that he can throw full or partial cost of living adjustments on top of that and call it a "30% raise over the life of" and have that bold faced lie repeated and peddled by pilot leadership, all in the name of "constructive engagement" and getting an agreement by the ammendable date?

Or if we push for superior than SWA pay, work rules and scope, will he "put his game face on" and get nasty?

I'm sure he wants an agreement by the ammendable date. Every CEO in the nation does. The question is what kind of an agreement. SWA+ pay, rates and W-2, full and complete cost of living on top of that, very significant scope recapture at all levels and work rule improvements across the board, fix our pathetic vacation and use it or lose it sick time give back program and several other things and he can have a quick CBA by the ammendable date. But somehow I doubt he would be so labor friendly in that case.

We outsource WAY too many pilot jobs, at all levels. We earn WAY too little. Our vacation and work rules need significant improvements. And COLA IS NOT A RAISE.

If we can all agree on that, a quick contract is very possible. If a quick contract does not happen, you can bet it is because RA does not agree to those basic facts and is playing car salesman to get us in a new CBA today.
^^^^
I will personally pay $500 to Gloopy if he finds a way to become MEC Chairman. That's a small investment for the kind of improvements this viewpoint could make in our careers. It wouldn't take too many of us contributing $500 to make up a sizeable bonus for him. He won't even need FPL! Who is with me?!
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