Airline Pilot Central Forums - Any "Latest & Greatest" about Delta?

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- - Any "Latest & Greatest" about Delta? (https://www.airlinepilotforums.com/delta/36912-any-latest-greatest-about-delta.html)

Quote:

Originally Posted by dragon (Post 1122566)

Ordinary worked for me. there are a couple of US style plugs in the room.

Thanks.

Is your avatar picture of a (your) beagle pup?

Here is a pic of mine when she was a little one:

http://i767.photobucket.com/albums/x...IMG_5209-1.jpg

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

Quote:

Originally Posted by Elvis90 (Post 1120869)

.

There were 5,500 qualified applicants when I interviewed in the summer of 2010.

And Delta still hired you? You must have known somebody since I've seen you fly.;)

Thanks for the rec, BTW!

Quote:

Originally Posted by forgot to bid (Post 1122516)

I think we could press ACL for answers that RA wouldn't give.

So, where we going?

We are going Up! :D

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.

Quote:

Originally Posted by More Bacon (Post 1122534)

Please remind DALPA of that. :cool:

Also, ACL65, for some reason my PMs and avatar selection options have been disabled. Can you hook a brother up? :o

They generally are not disabled, if you may have it turned off. Check the User CP. If that does not fix it let me know. You have more than enough posts to have it turned on.

Quote:

Originally Posted by BoyFromSouth (Post 1122550)

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

It was valued at somewhere near 4.15 when we got it.

Quote:

Originally Posted by tsquare (Post 1122554)

Which 737s is it of which you speak? The ones that have yet to be built?

How about all the ones they have taken deliver of over the last four years.

Quote:

Originally Posted by georgetg (Post 1122617)

LOL, the closest influence any politician will have over AMR's fate is MR.

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

George, the GM et al issues were not in an election year. AMR would be one of the largest companies that the government cannot go in and directly bail out. It leads to a lot of lost votes if there is significant job loss in the next 11 months. It is the timing of all of this that matters. Compile that with the general sentiment in this country and swing states where DAL, LCC and AMR have assets all of a sudden become very important.

Quote:

Originally Posted by BoyFromSouth (Post 1122550)

The best time to get rid of our stock was 2 years ago when it was trading at $14/share. Even if you sell it at $16 in the fall, that's a very little gain in 2 1/2 years.

The latest word from the Leads Meeting is the DC-9 might be here another year. There is talk of closing MSP and keeping a small 9 base in DTW.
My take is this could be posturing for a lower price on the 717s or could be used if issues arise with Pinnacle.