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I know we've beat this to death, but I keep hearing rumors about a contract extension request from the company.
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Originally Posted by shiznit
(Post 1136929)
I think it more along the lines of eliminating duplication and streamlining the corporation to provide the increased revenue and decreased costs sought when merging two enterprises to deliver profits and increase shareholder value, but I could be wrong.
In my view, combining $15-$20 billion dollar enterprises into a $30-$35 billion dollar enterprise take years, not just a few months and this is all STILL part of the DL-NW merger. Luckily we are (as shareholders) seeing the benefits start to come in (stock has tripled since the merger). Now it is time to start the payback of the stakeholders who have given the most and are still giving to this day..... The pilots of Northwest Airlines and Delta Air Lines. Carl |
Originally Posted by shiznit
(Post 1136931)
You're wearing a hat in your avatar pic!:D
Carl |
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Originally Posted by Check Essential
(Post 1136638)
Yes indeed.
We are leaving the market and shrinking and the low cost guys are moving right in. Wall Street Journal FEBRUARY 16, 2012, 3:11 P.M. ET UPDATE: Spirit Airlines Sees Capacity Up 23% In 2012 Vs 2011
--Notched up its fifth-straight year of profitability (Updates with executive comment beginning the third paragraph. Updates share price.) By Doug Cameron Of DOW JONES NEWSWIRES Spirit Airlines Inc. (SAVE) announced plans Thursday to accelerate its expansion, boosting capacity by 23% this year in a move that highlights the opportunities for U.S. low-cost carriers as larger network rivals shrink domestic flying. The Florida-based carrier's expansion in cities such as Dallas, Chicago and Denver, and into the Caribbean and central America, provides a particular challenge to AMR Corp. (AAMRQ) as 60% of its network overlaps with the third-largest U.S. carrier by traffic. With the three largest U.S. carriers--United Continental Holdings Inc. (UAL), Delta Air Lines Inc. (DAL) and AMR--all pledging to keep capacity flat or lower this year, smaller airlines are filling some of the gap. Spirit grew capacity by around 15% last year, and the 23% expansion eyed for 2012 lags only the 30% growth targeted by Virgin America. Ben Baldanza, Spirit's chief executive and a former American Airlines' executive, said on a post-earnings' call that he sees opportunities to expand profitably beyond those captured by its existing fleet plan. Spirit plans to add seven planes this year, boosting its fleet to 44, and has around 100 Airbus aircraft on order for delivery between now and 2021. Baldanza outlined the capacity plans alongside a sharp rise in fourth-quarter earnings, notching up its fifth-straight year of profitability and an operating margin of 25.7% that leads the industry. Net profit in the quarter rose to $24 million from $9.5 million a year earlier, with revenue up 26.7% at $273.9 million, driven by higher ticket prices and its focus on charging for extras such as bags. The result beat analysts' expectations. The stock recently was up 0.3% at $19.29. -By Doug Cameron, Dow Jones Newswires; 312-750-4135; [email protected] |
Originally Posted by johnso29
(Post 1136870)
Here are senior text codes: ATD - At the Doctor's ABFF - At Best Friends Funeral BTW - Bring the Wheelchair BYOT - Bring Your Own Teeth CBM - Covered by Medicare CUATSC - See You at the Senior Center FWIW - Forgot Where I Was FYI - Found Your Insulin GGPBL - Gotta Go, Pacemaker Battery Low GHA - Got Heartburn Again HGBM - Had Good Bowel Movement IMHO - Is My Hearing-Aid On? LMDO - Laughing My Dentures Out LOL - Living on Lipitor LWO - Lawrence Welk's On OMSG - Oh My! Sorry, Gas ROFL...CGU - Rolling on the Floor Laughing...Can't get Up! WAITT - Who Am I Talking To? WTFA - Wet the Furniture Again WTP - Where's the Prunes WWNO - Walker Wheels Need Oil GGLKI - Gotta Go, Laxative Kicking in! |
Originally Posted by Ferd149
(Post 1136979)
and more for us senior dudes:o
Here are senior text codes: ATD - At the Doctor's ABFF - At Best Friends Funeral BTW - Bring the Wheelchair BYOT - Bring Your Own Teeth CBM - Covered by Medicare CUATSC - See You at the Senior Center FWIW - Forgot Where I Was FYI - Found Your Insulin GGPBL - Gotta Go, Pacemaker Battery Low GHA - Got Heartburn Again HGBM - Had Good Bowel Movement IMHO - Is My Hearing-Aid On? LMDO - Laughing My Dentures Out LOL - Living on Lipitor LWO - Lawrence Welk's On OMSG - Oh My! Sorry, Gas ROFL...CGU - Rolling on the Floor Laughing...Can't get Up! WAITT - Who Am I Talking To? WTFA - Wet the Furniture Again WTP - Where's the Prunes WWNO - Walker Wheels Need Oil GGLKI - Gotta Go, Laxative Kicking in! Very nice - Well done Sir! I love the BYOT. Scoop |
Originally Posted by Jack Bauer
(Post 1136977)
A perfect illustration of why the shrink to profitability strategy does not work. Gloopy has been preaching this here for some time. Delta is doing well short term with its capacity reductions. Its all good until the bottom feeders move into the capacity that opened up then start undercutting. Hopefully someone at the helm of Delta makes a course reversal sometime soon with a long term strategy. I might add, outsourcing flying not controlling your brand is very short sighted as well.
I think if legacy carriers are not careful spirit could sneak up on them quick. They have 37 airplanes right now but have 105 on order over the next 9 years. |
Originally Posted by Ferd149
(Post 1136979)
and more for us senior dudes:o
Here are senior text codes: ATD - At the Doctor's ABFF - At Best Friends Funeral BTW - Bring the Wheelchair BYOT - Bring Your Own Teeth CBM - Covered by Medicare CUATSC - See You at the Senior Center FWIW - Forgot Where I Was FYI - Found Your Insulin GGPBL - Gotta Go, Pacemaker Battery Low GHA - Got Heartburn Again HGBM - Had Good Bowel Movement IMHO - Is My Hearing-Aid On? LMDO - Laughing My Dentures Out LOL - Living on Lipitor LWO - Lawrence Welk's On OMSG - Oh My! Sorry, Gas ROFL...CGU - Rolling on the Floor Laughing...Can't get Up! WAITT - Who Am I Talking To? WTFA - Wet the Furniture Again WTP - Where's the Prunes WWNO - Walker Wheels Need Oil GGLKI - Gotta Go, Laxative Kicking in! |
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