Any "Latest & Greatest" about Delta?
01-25-2012, 09:02 AM
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Joined APC: Apr 2011
Position: 717A
Posts: 243
Originally Posted by BoyFromSouth
I was a little shocked to see DAL stock at 10.30 a share this morning. I knew it would go up but I was not anticipating 8%. Can anyone remember the value of our stock that was given to the pilot group? I thought it was around 9.25 but I could be way off. From the investment people I have spoken with and from the forecast that I have read (Bloomberg report 01/12), analyses are saying it should peak at 16 a share by the fall. Does anyone see this happening?
I am wondering if now is the best time to get rid of the stock they gave us so I can actually start making $ with it.
Thanks,
BFS
I am wondering if now is the best time to get rid of the stock they gave us so I can actually start making $ with it.
Thanks,
BFS
01-25-2012, 09:20 AM
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Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
Originally Posted by slowplay
The point isn't about size, it's about work rules and how the new regs affect those rules. Delta's PWA mirrors the new regs in many areas. The analysis I've seen (and it's preliminary) run over Delta's current network requires a relatively small number of additional pilots. We're already overstaffed in total, just with pilots in "wrong" positions. No more 24 hour international short call drives some of the manning needs, as will the hard flight time limits (no more legal to start, legal to finish). Other airlines with substantially different rules designed for their networks/circumstances/history will have different issues. But I don't see how you get to a 7% increase in Delta manning with the rules as written.
I would imagine the reserve staffing to be the core issue.
A the handful more reserves on the Intl. categories to cover the loss of 24hr reserves is the one effect.
Rebasing and decentralizing reserves to protect the network will probably be another.
A big factor in the latter is that is that currently reserves required is by base and ALV is by fleet. As a result Delta's strategy has been to centralize reserves for some fleets. With the new rules I expect a shift to more decentralized reserves to protect the network.
Delta certainly isn't worried or we would be hiring right now ;-)
Much bigger things grumbling right now just below the surface.
Cheers
George
01-25-2012, 09:24 AM
Banned
Joined APC: Jul 2006
Position: Space Shuttle PIC
Posts: 2,007
Originally Posted by georgetg
Totally Agree! [see, even I can agree with slow!] ;-)
I would imagine the reserve staffing to be the core issue.
A the handful more reserves on the Intl. categories to cover the loss of 24hr reserves is the one effect.
Rebasing and decentralizing reserves to protect the network will probably be another.
A big factor in the latter is that is that currently reserves required is by base and ALV is by fleet. As a result Delta's strategy has been to centralize reserves for some fleets. With the new rules I expect a shift to more decentralized reserves to protect the network.
Delta certainly isn't worried or we would be hiring right now ;-)
Much bigger things grumbling right now just below the surface.
Cheers
George
I would imagine the reserve staffing to be the core issue.
A the handful more reserves on the Intl. categories to cover the loss of 24hr reserves is the one effect.
Rebasing and decentralizing reserves to protect the network will probably be another.
A big factor in the latter is that is that currently reserves required is by base and ALV is by fleet. As a result Delta's strategy has been to centralize reserves for some fleets. With the new rules I expect a shift to more decentralized reserves to protect the network.
Delta certainly isn't worried or we would be hiring right now ;-)
Much bigger things grumbling right now just below the surface.
Cheers
George
That's ok, I guess ES was lying to these guys. The other numbers they did throw out were about 600 newhires a year starting next year for atleast a few years initially, due to those rules many of you discount, and retirements. Obviously hiring by the end of the decade will be continuous mainly due to retirements.
Last edited by Bill Lumberg; 01-25-2012 at 10:00 AM.
01-25-2012, 09:52 AM
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Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
Originally Posted by acl65pilot
What you and FtB fail to realize is that the states in question are the swing states for November. Jobs are going to be key in this election. RA sits on the Reserve Board, knows what buttons to push and how to push em.
What you also fail to see is that LUV, LCC and DAL can work in concert on the AMR deal and everyone is seen as a winner, well at least though November.
Airlines play a large, but generally silent part in politics. I do not see that happening this time around. Not with AMR in 1113C. Different game and different times.
What you also fail to see is that LUV, LCC and DAL can work in concert on the AMR deal and everyone is seen as a winner, well at least though November.
Airlines play a large, but generally silent part in politics. I do not see that happening this time around. Not with AMR in 1113C. Different game and different times.
No question jobs will be important, but GM and Chrysler almost didn't get the government's financial backing for bankruptcy and both of those companies had many more employees and associated suppliers and a more favorable voter sentiment associated with them than the airlines ever had.
AMR is already in CH11, that's a big difference. Its a Texas company. The bases mentioned employ, at best, a couple thousand people in each of those swing states. I'd be surprised if each of those states didn't lay off many more state workers in the past few years, than there are employees in each of those states' AMR hubs. At best few thousand jobs/state.
I'm not belittling the potential for job loss and the terrible impact that might have on the lives of those affected. I'm just pointing out that in context of the greater economy those potentially affected will be little more than collateral damage to the political process.
In the end money talks and the interests of the PBGC will be most represented when it comes to the political aspect of the AMR bankruptcy process due to the massively underfunded pension obligations.
Out of all the airlines, LUV is the only one with the perceived public "goodwill" and the lobbying wallet to shape the political aspect of AMRs future. (JetBlue being a distant second)
Cheers
George
01-25-2012, 10:05 AM
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Joined APC: Feb 2007
Posts: 1,045
Originally Posted by dragon
Ordinary worked for me. there are a couple of US style plugs in the room.
Is your avatar picture of a (your) beagle pup?
Here is a pic of mine when she was a little one:
01-25-2012, 10:05 AM
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Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
Here's an interesting little earnings takeaway:
With DAL able to pass on 85% of the fuel cost increase to passengers that leaves a 15% drain on earnings.
15% of $3B in fuel cost increases for 2011 is a $450M.
That would have make full year earrings of $1.65B and boosted profit sharing to nearly 7% of annual earnings.
Since profit sharing will likely be close to 5% of annual earnings, that means every Delta pilot contributed somewhere around 2% of their annual earnings to provide subsidized air transportation to the public ;-)
The more you know....
Cheers
George
With DAL able to pass on 85% of the fuel cost increase to passengers that leaves a 15% drain on earnings.
15% of $3B in fuel cost increases for 2011 is a $450M.
That would have make full year earrings of $1.65B and boosted profit sharing to nearly 7% of annual earnings.
Since profit sharing will likely be close to 5% of annual earnings, that means every Delta pilot contributed somewhere around 2% of their annual earnings to provide subsidized air transportation to the public ;-)
The more you know....
Cheers
George
01-25-2012, 10:13 AM
On Reserve
Joined APC: Jul 2008
Position: MSP7ERB
Posts: 1,886
Originally Posted by Elvis90
.
There were 5,500 qualified applicants when I interviewed in the summer of 2010.
There were 5,500 qualified applicants when I interviewed in the summer of 2010.
01-25-2012, 10:14 AM
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
Originally Posted by forgot to bid
I think we could press ACL for answers that RA wouldn't give.
So, where we going?
So, where we going?
There are many roads DAL can go down. We are at a decision point and RA is in the drivers seat. He has a fully integrated airline with fully resolved labor issues, a profitable company and money in the bank. More importantly is has proven he can make it work. The investors will listen to his plans and take them seriously.
The MEC is in DC meeting with the NMB today and with DAL's exec leaders tomorrow. No one really knows what they want to discuss.
01-25-2012, 10:16 AM
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Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
Originally Posted by More Bacon
Please remind DALPA of that. 
Also, ACL65, for some reason my PMs and avatar selection options have been disabled. Can you hook a brother up?
Also, ACL65, for some reason my PMs and avatar selection options have been disabled. Can you hook a brother up?
01-25-2012, 10:17 AM
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
Originally Posted by BoyFromSouth
I was a little shocked to see DAL stock at 10.30 a share this morning. I knew it would go up but I was not anticipating 8%. Can anyone remember the value of our stock that was given to the pilot group? I thought it was around 9.25 but I could be way off. From the investment people I have spoken with and from the forecast that I have read (Bloomberg report 01/12), analyses are saying it should peak at 16 a share by the fall. Does anyone see this happening?
I am wondering if now is the best time to get rid of the stock they gave us so I can actually start making $ with it.
Thanks,
BFS
I am wondering if now is the best time to get rid of the stock they gave us so I can actually start making $ with it.
Thanks,
BFS
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