Any "Latest & Greatest" about Delta?
Gets Weekends Off
Joined APC: Jul 2010
Posts: 432
duplicate post
Last edited by Brocc15; 11-23-2011 at 12:51 PM. Reason: duplicate post
Good thing the plate doesn't read 'FLY2 80'!!!
I have another question about the AE, am I correct in that pilots with an MD are trained in inverse seniority order for that category only? For example someone senior to me with an MD to NY ER could be trained before me, going to the DC9? I really hope so. Not looking forward to switching airplanes. It seems it would be a waste of money to train pilots on an airplane they plan to get rid of.
<<<<<<<<first timer getting md'd
You guys need to step up the the cummins...... Granted the dodge chassis isn't up to the Ford but as far as engines go neither the Duramax or powerstroke hold up like a cummins. You can make over 1300 RWHP on the stoke block, crank, rods, and pistons with a 5.9 cummins, try that with the other two!
While that's partially true, you could put a space shuttle motor in a Dodge and it would still be a Dodge...
Gets Weekends Off
Joined APC: Sep 2007
Posts: 1,227
Just a thought here and not really too important for this contract, but it will be for the next.
Seems to me with TONS of retirements happening in 2020 and beyond hitting 800 in some years, Delta will be financially relieved of most of the highest paid individuals and be replacing them with people on the 1-6 year part of the scale. I realize all current CAPTS and most FOs have maxed out the pay scale at the 12 year mark, but that will quickly change and the longer Management stalls hiring, the more they will save per year. Accordingly I think that if we get a contract in 2013, the 2018 contract should be a whopper in gains because of how much less expensive the pilot group will be. That coupled with the savings on drawing down the debt and not having to pay half a billion a year in interest will create theoretically more availability to capital to pay us still around of course.
Seems to me with TONS of retirements happening in 2020 and beyond hitting 800 in some years, Delta will be financially relieved of most of the highest paid individuals and be replacing them with people on the 1-6 year part of the scale. I realize all current CAPTS and most FOs have maxed out the pay scale at the 12 year mark, but that will quickly change and the longer Management stalls hiring, the more they will save per year. Accordingly I think that if we get a contract in 2013, the 2018 contract should be a whopper in gains because of how much less expensive the pilot group will be. That coupled with the savings on drawing down the debt and not having to pay half a billion a year in interest will create theoretically more availability to capital to pay us still around of course.
Can't abide NAI
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 11,990
From Air Transport World
Delta Air Lines (DL) president Ed Bastian said that "the important impact of consolidation" can be seen in US airlines' financial results, which remain positive despite a difficult operating environment characterized by high fuel prices and shaky consumer confidence.
"The US industry is on track to generate $2 billion in net profits this year led by Delta Air Lines and United [Continental Holdings]," he said, noting that the DL-Northwest Airlines and United Airlines (UA)-Continental Airlines (CO) mergers have created a "more stable business platform" for the industry. US major airlines posted an aggregate net profit of $1.09 billion in the third quarter (ATW Daily News, Nov. 22).
Speaking last week at the Latin American and Caribbean Air Transport Assn. (ALTA) Airline Leaders Forum in Rio de Janeiro (ATW Daily News, Nov. 21), Bastian said, "If a few years ago I told you that we'd be paying $130 a barrel for refined jet fuel, that our two biggest markets—the US and Europe—are struggling economically, that Japan would be recovering from a devastating earthquake and tsunami and that war would be going on in the Middle East—all in one year—you'd think we'd be on our knees, that we'd be burning cash and struggling for survival." Instead, he noted, "We're posting solid profits …We're generating significant cash flows."
Deutsche Bank senior analyst Michael Linenberg, also speaking at the ALTA conference, said that from 1985-2005 a more fragmented US industry generated just three years of positive free cash flow. But, including estimates for 2011 and 2012 earnings, an increasingly consolidated industry is on track to achieve positive free cash flow in six of seven years, he said.
He noted that the top four US carriers controlled 60% of the country's passenger airline market in 2007 but are expected to control 82% next year.
"The US industry is on track to generate $2 billion in net profits this year led by Delta Air Lines and United [Continental Holdings]," he said, noting that the DL-Northwest Airlines and United Airlines (UA)-Continental Airlines (CO) mergers have created a "more stable business platform" for the industry. US major airlines posted an aggregate net profit of $1.09 billion in the third quarter (ATW Daily News, Nov. 22).
Speaking last week at the Latin American and Caribbean Air Transport Assn. (ALTA) Airline Leaders Forum in Rio de Janeiro (ATW Daily News, Nov. 21), Bastian said, "If a few years ago I told you that we'd be paying $130 a barrel for refined jet fuel, that our two biggest markets—the US and Europe—are struggling economically, that Japan would be recovering from a devastating earthquake and tsunami and that war would be going on in the Middle East—all in one year—you'd think we'd be on our knees, that we'd be burning cash and struggling for survival." Instead, he noted, "We're posting solid profits …We're generating significant cash flows."
Deutsche Bank senior analyst Michael Linenberg, also speaking at the ALTA conference, said that from 1985-2005 a more fragmented US industry generated just three years of positive free cash flow. But, including estimates for 2011 and 2012 earnings, an increasingly consolidated industry is on track to achieve positive free cash flow in six of seven years, he said.
He noted that the top four US carriers controlled 60% of the country's passenger airline market in 2007 but are expected to control 82% next year.
Can't abide NAI
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 11,990
Can't abide NAI
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 11,990
Thread
Thread Starter
Forum
Replies
Last Post