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

acl65pilot 02-16-2012 06:16 PM


Originally Posted by Bucking Bar (Post 1136300)
I agree with that statement. After a split the stock will definitely go up, or go down.

With commentary like that, you'd be a shoo in to replace Jamie Baker at JP Morgan. :)

Actually, your track record is a lot better than Jamie's $8 target on AA when they entered bankruptcy.


Ha, wrote the first part quick and I got nailed for it. Love APC! :D

Airlines stocks have not split in many moons, and to see one splitting means that where it will go and what it will do, a little less of a certainty. As I said ALK is over valued and the split may result in the price going down. Then again, I do not really know how their stock is doing so well expect that they have kept it up so that many could sell!

Wrt to a stock swap, it is more about a management of perception with a 3-1 versus a 8 or 9-1 in a acquisition.

I would be surprised to see anything happen before the future of AMR is more clearer.

Jack Bauer 02-16-2012 06:45 PM


Originally Posted by Fishfreighter (Post 1136063)
In theory you're correct. However, the Company also announced its going to spend $50M to buy back stock. Usually they "buy it back" from the senior corporate officers with stock options. That makes over $300M worth of stock the Company has bought over the last few years.


Opinion only:

1. DAL
2. SWA

Q: What's your vision for Air Group, and how do we get there?

A: I think we have a destiny — to be the first airlines to truly transform ourselves and break the malicious cycle of boom and bust that has plagued the industry. We've done a lot of great things in our history, but this is

something that hasn't yet been accomplished.

Our future should be one where we continue to grow and prosper and provide terrific service to our customers and great jobs for our people. We should do this in a way where good begets good and we get stronger as we go — reinvesting in our business, enhancing our product, making ourselves more competitive, and further reducing our vulnerability. It has to be earned through performance, but we should have a future where we are a strong, independent, Seattle-based company.

Superpilot92 02-16-2012 06:49 PM


Originally Posted by TOGA LK (Post 1136384)
Please tell me that's not Buzz Hazzard?

thats another poster on here not buzzpat though....;)

Boomer 02-16-2012 06:55 PM


Originally Posted by TOGA LK (Post 1136337)
Doesn't delta have over 800,000,000 shares floating around?

No, Delta has 800,000,000 Regional Jets floating around.

It has around 850 million shares as well. :D

Carl Spackler 02-16-2012 07:00 PM


Originally Posted by alfaromeo (Post 1136376)
January 2010 - Delta Pilots In Category = 10,632
January 2012 - Delta Pilots In Category = 10,653

We are slowly being liquidated.

When someone is describing a company as "slowly liquidating", they're talking about the assets, such as aircraft. If memory serves, DAL is operating ~70 aircraft less now than right after the merger.

The fact that we still have roughly the same number of pilots as when we had 70 more aircraft only proves that we're way fat on pilots right now, which all of us already know. It does nothing to bolster your goofy attempt at trying to "prove" we're not slowly liquidating. It's all the more troubling that you behave this way as one of our unelected MEC bureaucrats. Everytime you guys try this type of obfuscation, you lose more credibility.

Carl

acl65pilot 02-16-2012 07:13 PM

Carl
DAL needs to be replacing 35 airplanes a year to renew the fleet every 20 years. We are far from that and that is concerning. A lot of our jets are getting older and many will need to replace about the same time. That is a lot of money at once.

KC10 FATboy 02-16-2012 07:21 PM


Originally Posted by Whidbey (Post 1136255)
I definitely think there is a bright future for Delta Air Lines, but the word is out (at least in the active duty military) that with respect to pay, it's a third or fourth choice.


Originally Posted by Scoop (Post 1136320)
Hopefully management will be aware of this and take steps, ie. improved compensation, to correct it.

From guys getting out of my previous squadron FDX, SWA, and UPS are currently preferred over DAL.

As the only DAL guy in my reserve unit, I also have seen and heard the same thing. Mil pilots want nothing to do with DAL anymore. Mil pilots who get hired only by DAL, do so in hopes of switching to FDX, UPS, and SWA. I know this personally as I have tried to do the same. I know two bubbas who left DAL for SWA, and a couple for FDX. I've never heard of anyone leaving FDX, UPS, or SWA to come to DAL.

Mil pilots on active duty (those who can get out) are making $100-120K per year. The desert meat grinder is slowly coming to an end. QOL is improving on the mil side. Right now, there is NO financial incentive for anyone to want to leave the military and come to DAL. It has taken me 5 years to make the same pay that I did on active duty. However, for me, I will take DAL QOL any day over the chair force's.

Carl Spackler 02-16-2012 07:21 PM


Originally Posted by acl65pilot (Post 1136429)
Carl
DAL needs to be replacing 35 airplanes a year to renew the fleet every 20 years. We are far from that and that is concerning. A lot of our jets are getting older and many will need to replace about the same time. That is a lot of money at once.

That has nothing to do with the fact that we are operating about 70 less aircraft than we did after the merger. Then there's the closing of buildings and facilities, and "layoffs" of non frontline employees. By any measure, that is a slow liquidation. The only argument I might have with Bar is him calling it slow.

Carl

Superpilot92 02-16-2012 07:23 PM

too good not to post and this thread needed some motivation ;)

http://cache.sharenxs.com/images/wz/...tondancing.gif

acl65pilot 02-16-2012 07:30 PM


Originally Posted by Carl Spackler (Post 1136435)
That has nothing to do with the fact that we are operating about 70 less aircraft than we did after the merger. Then there's the closing of buildings and facilities, and "layoffs" of non frontline employees. By any measure, that is a slow liquidation. The only argument I might have with Bar is him calling it slow.

Carl

Carl

It goes in concert with what Bar said. We are renewing,cabins which need to be done anyway but not replacing jets. We are down for many reasons but a big one is there is no fleet replacement. Bar and I had a long talk about this today as well.

We were at 767 and now are at 709.


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