|
Originally Posted by Delta1067
(Post 1136648)
BS! You are totally out of touch with reality if you think $60K-$100K jobs are a dime a dozen out there. You would be very hard pressed to find a $75K+ year job that you are qualified for if you were to hit the street job hunting. :rolleyes:
|
Originally Posted by Delta1067
(Post 1136648)
BS! You are totally out of touch with reality if you think $60K-$100K jobs are a dime a dozen out there. You would be very hard pressed to find a $75K+ year job that you are qualified for if you were to hit the street job hunting. :rolleyes:
Exactly true.... |
Originally Posted by Doug Masters
(Post 1136654)
I think "mountains" are way west of the Mississippi River....out there in the thin air where the -88 demons live. Don't go...
|
Originally Posted by Bucking Bar
(Post 1136637)
We are using and retiring assets without replacing them. By definition ... liquidating those assets. The term "liquidation" was introduced to this discussion by a hedge fund manager who used the term to describe Delta's lack of capital investment in his review of our lease information included in the Company's 10K. I resisted the use of that term until re-reading the definition and deciding it fit, despite its provocative overtones.
The point being, is our "profit" real, or does it mostly reflect our lack of investment going forward? Delta may not be making investments where you want them to, but they are investing in the company. Our 2011 metrics are toward the top of the pax industry (RASM, Margin, costs), and that's a big turnaround from 2009/2010. |
At the road show didn't they say we were 200 pilots overstuffed? So that's 1-2% over? Where's the panic button? Can i go back to the survey and say 0% pay raise for C2012 and I'll celebrate anything above that, like 5% over the life of the contract! :rolleyes:
I said overstaffed but got tired of fighting with iPhone on what I really meant. |
Originally Posted by Bucking Bar
(Post 1136637)
We are using and retiring assets without replacing them. By definition ... liquidating those assets. The term "liquidation" was introduced to this discussion by a hedge fund manager who used the term to describe Delta's lack of capital investment in his review of our lease information included in the Company's 10K. I resisted the use of that term until re-reading the definition and deciding it fit, despite its provocative overtones.
The point being, is our "profit" real, or does it mostly reflect our lack of investment going forward? I don't know what this hedge fund manager said, if you posted it somewhere back I missed it. Delta is now generating excellent cash flow. In 2009 they used the cash flow mainly to fund merger expenses. In 2010-12 they will use the cash flow mainly to de-lever the airline and make us more immune to external events (like tsunami, 9/11, wars, etc.) and allow the airline to thrive in good AND bad times. In 2013 and beyond they will use that cash to fund fleet renewal with 737-900's and then next-generation aircraft. This is not liquidation. This is a sound business plan that will pay enormous benefits to your future. The airline business has been in a negative stability loop in the last 20 years. The highs went higher and the lows went lower. 2003-2005 pretty much signaled that something had to change. Instead of making the business a high risk gamble, through consolidation and better balance sheet management, Delta is de-risking our business and producing a model that can generate consistent profits, which by the way will fund contract improvements. Part of this new rationality will be the lack of the explosive growth followed by furlough models we have seen. |
Originally Posted by johnso29
(Post 1136604)
When someone gets liposuction, they don't keep the fat. They throw it out.
|
How come you didn't do the one with Dolly Parton singing? :D you could've killed two stones with one bird. By the way, Smokey's dead. See below:
Originally Posted by forgot to bid
(Post 1135920)
I do have some SEC college football talk. In the past year Alabama fans have killed Auburn's trees and teabagged an LSU fan who was passed out sleeping in a Krystal. That's quite a year. Two rivals down, 11 to go in a new 14 team SEC. What sheer unexpected and outright depraved act is in store from the diabolical and twisted mind of an Alabama fan for the other 11? It's easy to figure out, you just have to put yourself in the shoes of a Bammer. So I sniffed gasoline for an hour and then wrote "your gay" one hundred times in a row on an Auburn message board. Then I intentionally failed an online GED test. Voila, I was a Bammer. Here's what I foresee. 1. Ole Miss. Burning down the Grove is an easy call, but I think that's too easy at this point. No, the attack will be more unexpected than that. So William Faulkner statue in Oxford's square is doomed. Bama fans will topple the statue and drag the head around the square. While driving, the Bama fan, confused as to who the statue actually honored, will hold his head out the window screaming, "Take that Archie Manning!" 2. Texas A&M. You'd think it would be hard to surprise an Aggie, what with all the uniforms worn around on campus on a daily basis. Sadly, you'd be wrong. Most future officers protect us from those assaults that are logical in nature. Alabama fans, the most illogical people in the Southland, don't strike where you'd expect them to strike. Expect the A&M yell leader to get. He'll be returned after being tortured in a double wide and tattooed with a Bear Bryant picture on his back. He'll only remember the Bammer yelling it. "you'll dont deserve to be in the league of Bear Bryant!" Hmmm. The irony, where the Bear come from? 3. Mississippi State. You might be thinking, it's Starkville, this is the only place a bomb could go off and improve the scenery. So they're going to leave this alone to punish the State fans. 4. Tsquare's Tennessee. Remember when Nick Saban said that Derek Dooley would be a great coach in the SEC? Yeah, the Vols were the first victim of Alabama's fan assault only nobody knew the campaign had started yet. But your dog is dead. You'll find him in a Terrence Cody jersey. 5. Arkansas. The most disturbing things imaginable are in store for your hog. And that's before it's turned to bacon. 6. Georgia. You'd probably think they'll kill UGA. You're wrong. Inbreeding will take care of that before the dog is two years old. So instead they're going to attack Georgia's true national treasure, the fake boobs on the undergrad population. (In case you aren't aware Georgia is the cleavage capital of the South). "Rammer Jammer Yellowhammer." 7. Vanderbilt. Expect a bag of poo on fire on the fraternity house footsteps. Only the Vandy frat guys will sleep through the doorbell ringing. Expect the frustrated Bammer to burn the whole house down. 8. South Carolina. The CockaBooses are done for. 9. Florida. Mr. Two Bits officially retired in 2008. And by "retired" we mean this -- Alabama fans killed him and fed him to the alligators in Lake Alice in 2009. RIP, Mr. Two Bits. 10. Kentucky. Since Kentucky fans don't actually care about football, Bama fans are always stumped by what do to the Wildcats. But Bear Bryant once coached there, winning Kentucky an SEC title in football in 1950. So diabolical Alabama fans will do what Alabama fans do, the Bear won a title at Kentucky? Hell, meet Alabama's 19th national title! Kentucky fans will still not notice so frustrated Alabama fans will put Spike 80DF in John Calipari's hair gel. 11. Missouri. Luckily for Missouri, most Alabama fans are not aware that this state exists. (This is the case for every state outside the South. Most Bama fans believe everything above Tennessee is Canada). The remaining few Bama fans that are aware of the state's existence will travel to Columbia for a game this fall. Considering they have already killed the trees and teabagged the other two Tigers respectively, danger awaits the third Tiger in Columbia. Let's just say it involves Gary Pinkel, a jumbo glass of wine and roofies. |
Originally Posted by Bucking Bar
(Post 1136647)
Travel around the World, overall, is above 2007 levels. Japan's going gangbusters thanks to the strong Yen. Latin America's the New World for commodity extraction. Domestic flying is doing well.... Meanwhile we're experimenting with blood extraction from Turnips.
Imagine if Wallmart announced a 50% price increase, on lowered inventory and store locations, and bragged of increasing revenues by 15% for providing fewer services ... oh' you want a bag with that? We'll need to collect a fee .... What Alpha missed in his Econ 101, is what they covered in the third week: That happens DAL looks like geniuses but if not they will be left behind. |
Originally Posted by Delta1067
(Post 1136648)
BS! You are totally out of touch with reality if you think $60K-$100K jobs are a dime a dozen out there. You would be very hard pressed to find a $75K+ year job that you are qualified for if you were to hit the street job hunting. :rolleyes:
|
| All times are GMT -8. The time now is 10:33 AM. |
Website Copyright © 2026 MH Sub I, LLC dba Internet Brands