Nice necklace, Pujols.

You ain't kidding. I was only cheering for the Cards because I wanted a game 7...but holy crap I'm exhausted after that cliffhanger! :eek: One of the best World Series games since '91... /biased Twins fan

From goat to hero... Freese... what a long strange trip.

What if game 7 goes to 11 innings? Or worse, that Braves-Pirates game that went 19 innings? Imagine a game 7 doing that!?

Since I Am flying SFO-NRT it would have to go about 30 innings for me to have any chance of seeing ANY of it. :(

GO CARDS!!!

With no team in it, but a Theriot fan, what a game. Mistakes compounded into runs, 2 out 2 strike hits, best game I have seen in a long time

No real dog in this either, but I'm a fan of the Senior Circuit, so I'll be rooting for the Cards. Should be a great game.

Delta leads pack in baggage fee revenue
Nashville Business Journal by Chris Baysden, Web Editor

Date: Friday, October 28, 2011, 9:31am CDT


Delta leads the pack when it comes to baggage fee revenue.



Delta Air Lines Inc. Delta Air Lines Inc. Latest from The Business Journals Airlines grab .5B in baggage, change feesAirport traffic slips during monthBaggage, change fees soar at Delta Follow this company </SPAN>collected more baggage fees and reservation change fees in the second quarter of 2011 than any other U.S. airline, according to airline financial data released Thursday by the U.S. Department of Transportation U.S. Department of Transportation Latest from The Business Journals Texas Business Journals Roundup 10-28Baggage, change fees soar at DeltaObama jobs bill could bring .1B for Ohio infrastructure Follow this company </SPAN>’s Bureau of Transportation Statistics.
Atlanta-based Delta — one of the major carriers at Nashville Internatinoal Airport (BNA) — took in $226 million in baggage fees and $201 million in reservation change fees in the second quarter.
Fort Worth, Texas-based American Airlines American Airlines Latest from The Business Journals Airport traffic slips during monthBaggage, change fees soar at DeltaBNIA traffic slows while NFIA takes off Follow this company </SPAN>(NYSE: AMR) was a distant second with $156 million in baggage fee revenue and nearly $127 million in change fee revenue.
After Delta (NYSE: DAL) and American, the top five in terms of baggage fees was rounded out by US Airways US Airways Latest from The Business Journals Airlines grab .5B in baggage, change feesAirport traffic slips during monthWhere does Delta rank in bag fee revenue? Follow this company </SPAN>(NYSE: LCC) with $135 million, Continental with $91 million and United with $71 million.
However, United and Continental have the same parent company: United Continental Holdings Inc. United Continental Holdings Inc. Latest from The Business Journals Airport traffic slips during monthWhere does Delta rank in bag fee revenue?U.S. airlines corralled B in fees in second quarter Follow this company </SPAN>(NYSE: UAL). Together the carriers generated $162 million in baggage fee revenue – which would put them ahead of American if they weren’t listed separately by BTS.
All told, domestic airline industry collected $887 million from baggage fees in the second quarter, a 13 percent increase from the first quarter. The industry got $612 million from reservation change fees in the second quarter, about a 2.3 percent increase from the previous quarter. ...
Delta Air Lines Inc. Delta Air Lines Inc. Latest from The Business Journals Airlines grab .5B in baggage, change feesAirport traffic slips during monthBaggage, change fees soar at Delta Follow this company </SPAN>collected more baggage fees and reservation change fees in the second quarter of 2011 than any other U.S. airline, according to airline financial data released Thursday by the U.S. Department of Transportation U.S. Department of Transportation Latest from The Business Journals Texas Business Journals Roundup 10-28Baggage, change fees soar at DeltaObama jobs bill could bring .1B for Ohio infrastructure Follow this company </SPAN>’s Bureau of Transportation Statistics.
Atlanta-based Delta — one of the major carriers at Nashville Internatinoal Airport (BNA) — took in $226 million in baggage fees and $201 million in reservation change fees in the second quarter.
Fort Worth, Texas-based American Airlines American Airlines Latest from The Business Journals Airport traffic slips during monthBaggage, change fees soar at DeltaBNIA traffic slows while NFIA takes off Follow this company </SPAN>(NYSE: AMR) was a distant second with $156 million in baggage fee revenue and nearly $127 million in change fee revenue.
After Delta (NYSE: DAL) and American, the top five in terms of baggage fees was rounded out by US Airways US Airways Latest from The Business Journals Airlines grab .5B in baggage, change feesAirport traffic slips during monthWhere does Delta rank in bag fee revenue? Follow this company </SPAN>(NYSE: LCC) with $135 million, Continental with $91 million and United with $71 million.
However, United and Continental have the same parent company: United Continental Holdings Inc. United Continental Holdings Inc. Latest from The Business Journals Airport traffic slips during monthWhere does Delta rank in bag fee revenue?U.S. airlines corralled B in fees in second quarter Follow this company </SPAN>(NYSE: UAL). Together the carriers generated $162 million in baggage fee revenue – which would put them ahead of American if they weren’t listed separately by BTS.
All told, domestic airline industry collected $887 million from baggage fees in the second quarter, a 13 percent increase from the first quarter. The industry got $612 million from reservation change fees in the second quarter, about a 2.3 percent increase from the previous quarter.
These are the only fees paid by passengers that BTS can currently identify separately. All other fees paid by passengers are combined in larger categories with other types of revenue, BTS said.
The largest network, low-cost and regional airlines reported operating revenue of $38.6 billion and operating expenses of $36.6 billion for the second quarter. These airlines collect virtually all the fees collected by the airline industry, BTS said.

Read Full Article


1. Every item that passes through a cargo door has revenued attached to it whether it is a straight fee or the revenue attained from the issuing of a gold SkyMiles AMEX card.

2 Thus, it is perfectly acceptable to make the comparison to FedEx and UPS when looking at compensation. We are now more of a hybred airline generating significant revenue from fees.

Also. We should start a pool. Beer Pool, money pool, whatever kind of pool we come up with ( there are some very creative people here), as to when SWA eats there advertising campaign and relents to charging for baggage and other fees.

No way they will continue to give up on that revenue over time.

And, another opinion
 

Is Delta Air Lines Hiding Weakness?

By Rex Moore |
October 27, 2011 |

http://g.foolcdn.com/art/ratings/tickerMovementDown.gif $8.60 $-0.04 (-0.46%)
http://g.foolcdn.com/img.ashx?v=6346...d1Y&k=10282011

Delta Air Lines (NYSE: DAL ) carries $14.5 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road. Could this be the case with Delta Air Lines?
Before we answer that, let's look at what could go wrong.
AOL blows up
In early 2002, AOL Time Warner was trading for $66.27 per share. It had $209 billion of assets on its balance sheet, and $128 billion of that was in the form of goodwill and other intangible assets. Goodwill is simply the difference between the price paid for a company during an acquisition and the net assets of the acquired company. The $128 billion of goodwill in this case was created when AOL and Time Warner merged in 2000.
The problem with inflating your net assets with goodwill is that it can -- being intangible, after all -- go away if the acquisition or merger doesn't create the amount of value that was expected. That's what happened in AOL Time Warner's case. It had to write off most of the goodwill over the next few months, and one year later that line item had shrunk to $37 billion. Investors punished the stock along the way, sending it down to $27.04 -- or nearly a 60% loss.
In his fine book It's Earnings That Count, Hewitt Heiserman explains the AOL situation and how two simple metrics can help minimize your risk of owning a company that may blow up like this. Let's see how Delta Air Lines holds up using his two metrics.
Intangible assets ratio
This ratio shows us the percentage of total assets made up by goodwill and other intangibles. Heiserman says he views anything over 20% as worrisome, "because management might be overpaying for the acquisition or acquisitions that gave rise to the goodwill."
Delta Air Lines has an intangible assets ratio of 33%. This is well above Heiserman's threshold, and you should keep a close eye on just how the company is fueling its growth. It's also useful to compare it to tangible book value.
Tangible book value
Tangible book value is simply what remains after subtracting goodwill and other intangibles from shareholders' equity (also known as book value). If this is not a positive value, Heiserman advises you to run away because such companies may "lack the balance sheet muscle to protect themselves in a recession or from better-financed competitors."
Delta Air Lines' tangible book value is -$13.7 billion, so we have another yellow flag.

By the way, I asked Heiserman about the tendency for some large-cap blue chips -- names like Procter & Gamble, IBM, and Altria -- to have a high intangible assets ratio and negative tangible book value. He says this can be OK, provided the company has (1) modest or no net debt, (2) persistent and rising levels of free cash flow, and (3) stock buybacks at a discount to intrinsic value.
Foolish bottom line
To recap, here are Delta Air Lines' numbers, as well as a bonus look at a few other companies in its industry.
Delta Air Lines33%($13,723)US Airways Group (NYSE: LCC ) 6%($403)Southwest Airlines (NYSE: LUV ) 5%$5,515United Continental Holdings (NYSE: UAL ) 24%($7,396)Data provided by S&P Capital IQ.
If you own Delta Air Lines, or any other company that fails one of these checks, make sure you understand the business model and management's objectives. You can never base an entire investment thesis on one or two metrics, but there is a yellow flag here. I'll help you keep a close eye on these ratios over the next few quarters by updating them soon after each earnings report.
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Fool analyst Rex Moore owns shares of Procter & Gamble but of no other companies mentioned in this article. The Motley Fool owns shares of IBM and Altria Group. Motley Fool newsletter services have recommended buying shares of Southwest Airlines and Procter & Gamble. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.