|
Originally Posted by georgetg
(Post 1168275)
That was a great 411, and I'm glad he's our guy as well. The takeaway for me is that the refinery and hedging are tools to control fuel cost in the same way insurance reduces financial exposure for unforseen events.
Prior to this Delta's fuel strategy has been using so called collars, a type of hedge that limits upward and downward exposure while limiting expense. The refinery takes this one step further. It doesn't matter what comes out of the refinery and I doubt much if any "jet fuel" will ever make it from that refinery into a Delta jet. It's more about having a tool to fine tune hedges minimizing risk and maximizing yield. No other player in the oil trading space, absent hedges, benefits from a market downturn the way Delta does. Now can we please hire some Wall Street guy to tell Delta to become just as vertically integrated and bring more flying in-house... Cheers George |
Originally Posted by gloopy
(Post 1168313)
There's no money in using refined fuels.
Cheers George |
Letter Writing
Delta keeps asking us write letters to lawmakers to "help" the company. What have been the end results for the Delta pilots that took the time to "help?" Stop the Export Import Bank from giving loans to foreign airlines
SOS, Stop Oil Speculation
Win in NYC:
Cheers George |
well we should have a letter writting campaign:
"we want to stop outsourcing our work to other airlines and we want a pay raise." "we want to rename the airline Spackleair." |
Anderson at the Aviation Summit today.
Richard Anderson Remarks at Aviation Summit - C-SPAN Video Library |
Originally Posted by redblueskies
(Post 1168351)
Anderson at the Aviation Summit today.
Richard Anderson Remarks at Aviation Summit - C-SPAN Video Library |
Originally Posted by redblueskies
(Post 1168351)
Anderson at the Aviation Summit today.
Richard Anderson Remarks at Aviation Summit - C-SPAN Video Library http://newspaper.li/static/4145b664b...11b73510e6.jpg SCOOOOOOPPPPPEEEEEEE!!!!!!! |
Originally Posted by redblueskies
(Post 1168351)
Anderson at the Aviation Summit today.
Richard Anderson Remarks at Aviation Summit - C-SPAN Video Library Funny how some of the themes he laments affecting Delta parallel the laments of the Delta pilots vis-avis the corporation. Me thinks there is some room for synergy ;-) I do think there is some opportunity to gain more favorable conditions from the govenment for the US airline industry - that is working with the government. The current approach of taking a highly visible hard line hasn't exactly worked in Delta's favor, perhaps more constructive engagement would deliver better, more timely results... And lastly, I like his voice from behind the podium much better than when he sits at C.E. Woolmans desk, I just can't quite put my finger on it ;-) Cheers George |
Originally Posted by 80ktsClamp
(Post 1168375)
Totally agreed with buzz.... however at the end when he says he'd prefer to have two experienced Delta captains in his cockpit...
If RA manages to deliver a fraction of what he proposes, it will be good for Delta, RA and Delta pilots... Cheers George |
Originally Posted by 80ktsClamp
(Post 1168375)
Totally agreed with buzz.... however at the end when he says he'd prefer to have two experienced Delta captains in his cockpit:
http://newspaper.li/static/4145b664b...11b73510e6.jpg SCOOOOOOPPPPPEEEEEEE!!!!!!! |
| All times are GMT -8. The time now is 09:43 PM. |
Website Copyright © 2026 MH Sub I, LLC dba Internet Brands