Any "Latest & Greatest" about Delta?
Gets Weekends Off
Joined: Apr 2008
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Just spitballin here:
DAL is one of the worlds largest users of jet fuel. When you remove the crack spread from the equation, you save a lot of money. If we aren't going to run on waste veggie oil or fischer tropsh and petroleum continues to be the fuel of choice, then this is just a smart vertical integration strategy.
Refineries are capital intensive businesses, but if we are buying one that is already built and which has also been depreciated, it might be like buying MD90s. I have no idea what the hard numbers might be.
DAL is one of the worlds largest users of jet fuel. When you remove the crack spread from the equation, you save a lot of money. If we aren't going to run on waste veggie oil or fischer tropsh and petroleum continues to be the fuel of choice, then this is just a smart vertical integration strategy.
Refineries are capital intensive businesses, but if we are buying one that is already built and which has also been depreciated, it might be like buying MD90s. I have no idea what the hard numbers might be.
I don't have a clue what the numbers are either, but I remember reading a Chevron annual report a number of years ago.
The Chairman's letter discussed the sale of a big refinery and the gist of it was this huge refinery was old, fully depreciated and more of a liability than an asset. The potential environmental clean up costs can be astronomical.
Line Holder
Joined: Apr 2009
Posts: 1,688
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You did not answer the question. Why do you want it and why is it any of your business? We want improvements in ALL areas. The line swine does not have the details. We are currently slightly above the 1992 NWA rates without a DB plan and many other things(not to mention our or the Delta pre bankruptcy rates). Now the word in our circles is that y'all are much closer, if not at your pre bankruptcy pay. So to me the only group at Delta that should get and deserve a large improvement is the pilot group.
Gets Weekends Off
Joined: Oct 2010
Posts: 922
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From: Decoupled
angrypilotwife
A few of us got a shoutout tonight from the queen of internet pilot awesomeness. I'm preparing my celebration speech.
A few of us got a shoutout tonight from the queen of internet pilot awesomeness. I'm preparing my celebration speech.
Every once in a while we get a poster here who not only is not a Delta pilot, but not even an airline pilot. Their dad works for Delta or something and they want to talk shop but they've never been in the shop. But thanks to overhearing their dad talk on the phone and their time on airliners.net they think they can pass themselves off as a pilot. However, an outsider doesn't talk the same language and focus on the same stuff as a regular line pilot would and after a few posts it becomes painfully obvious.
Anyways, congratulations Padre11%, you've made that list. Thanks for spending time with us but I think your time is better spent figuring out how you're going to ask that one special girl that will appreciate your indepth knowledge of all things Delta to the McIntosh High School senior prom in Peachtree City.
Anyways, congratulations Padre11%, you've made that list. Thanks for spending time with us but I think your time is better spent figuring out how you're going to ask that one special girl that will appreciate your indepth knowledge of all things Delta to the McIntosh High School senior prom in Peachtree City.
Gets Weekends Off
Joined: Oct 2010
Posts: 922
Likes: 0
From: Decoupled
Every once in a while we get a poster here who not only is not a Delta pilot, but not even an airline pilot. Their dad works for Delta or something and they want to talk shop but they've never been in the shop. But thanks to overhearing their dad talk on the phone and their time on airliners.net they think they can pass themselves off as a pilot. However, an outsider doesn't talk the same language and focus on the same stuff as a regular line pilot would and after a few posts it becomes painfully obvious.
Anyways, congratulations Padre11%, you've made that list. Thanks for spending time with us but I think your time is better spent figuring out how you're going to ask that one special girl that will appreciate your indepth knowledge of all things Delta to the McIntosh High School senior prom in Peachtree City.
Anyways, congratulations Padre11%, you've made that list. Thanks for spending time with us but I think your time is better spent figuring out how you're going to ask that one special girl that will appreciate your indepth knowledge of all things Delta to the McIntosh High School senior prom in Peachtree City.
Who is Padre? Maybe he's Sleepless Ed. What's Smokin Joe K up to now days. I think he has time on his hands nowadays. How about Lee, I want to show you my portrait. The possibilities are endless.
They are out there.
There are several different variations of padre.
Some dream of moving into management. (or already think of themselves as management because they are "Captains")
Some want to be union honchos and think managing expectations is their mission.
Some derive their satisfaction, pride and self worth from the corporation's success. They regularly wear Delta ball caps and clothing when they are not at work and have a Delta bumper sticker on their car. The bankruptcy nearly killed them.
Others have a blue collar mentality, live modestly and frugally, already make more money than their neighbors and can't understand why anyone needs to make more than $150,000 to live a comfortable life. They may even feel guilty about their compensation.
We need those people. We need their votes. We should calmly and rationally refute their arguments. Explain to them why airline pilots should be highly compensated professionals and why the current level of compensation is grossly inadequate for our training, skill level and responsibilities.
Last edited by Check Essential; 04-04-2012 at 06:38 AM.
Herman will be glued to the military channel starting may 5th. A NASA special starts that day. Heck, I may bring some beer and join Herman on the couch. Maybe we should all go there and have an APC party.
I don't know if padre is real but we ignore the "padre" segment of our pilot group at our own peril.
They are out there.
There are several different variations of padre.
Some dream of moving into management. (or already think of themselves as management because they are "Captains")
Some derive their satisfaction, pride and self worth from the corporation's success. They regularly wear Delta ball caps and clothing when they are not at work and have a Delta bumper sticker on their car. The bankruptcy nearly killed them.
Others have a blue collar mentality, live modestly and frugally, already make more money than their neighbors and can't understand why anyone needs to make more than $150,000 to live a comfortable life. They may even feel guilty about their compensation.
We need those people. We need their votes. We should calmly and rationally refute their arguments. Explain to them why airline pilots should be highly compensated professionals and why the current level of compensation is grossly inadequate for our training, skill level and responsibilities.
They are out there.
There are several different variations of padre.
Some dream of moving into management. (or already think of themselves as management because they are "Captains")
Some derive their satisfaction, pride and self worth from the corporation's success. They regularly wear Delta ball caps and clothing when they are not at work and have a Delta bumper sticker on their car. The bankruptcy nearly killed them.
Others have a blue collar mentality, live modestly and frugally, already make more money than their neighbors and can't understand why anyone needs to make more than $150,000 to live a comfortable life. They may even feel guilty about their compensation.
We need those people. We need their votes. We should calmly and rationally refute their arguments. Explain to them why airline pilots should be highly compensated professionals and why the current level of compensation is grossly inadequate for our training, skill level and responsibilities.
Might I add, the people who have no idea what happens in other parts of this industry and don't really care. Ie, not knowing that SW fo's make as much as they do in the left seat.
Scambo,
I don't have a clue what the numbers are either, but I remember reading a Chevron annual report a number of years ago.
The Chairman's letter discussed the sale of a big refinery and the gist of it was this huge refinery was old, fully depreciated and more of a liability than an asset. The potential environmental clean up costs can be astronomical.
I don't have a clue what the numbers are either, but I remember reading a Chevron annual report a number of years ago.
The Chairman's letter discussed the sale of a big refinery and the gist of it was this huge refinery was old, fully depreciated and more of a liability than an asset. The potential environmental clean up costs can be astronomical.
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