Any "Latest & Greatest" about Delta?
04-12-2012 | 11:54 AM
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From: window seat
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
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
04-12-2012 | 12:53 PM
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From: Boeing Hearing and Ergonomics Lab Rat, Night Shift
04-12-2012 | 01:14 PM
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From: Boeing Hearing and Ergonomics Lab Rat, Night Shift
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
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
- European Exim Banks offer low interest loans on Airbus
- Canadian Exim Bank offer low interest loans on Bombardier
- US Exim bank provides loan to GOL for Delta engine MRO services
SOS, Stop Oil Speculation
- Delta expands hedging operation
- Hires Wall Street energy market expert
- Attempts to purchase Refinery
Win in NYC:
- Slot swap approved, 92% RJ flying
- "When the markets develop, we will upgauge"
- Most established market LGA ORD and now LGA BOS all RJ flying
Cheers
George
04-12-2012 | 01:17 PM
veut gagner à la loterie
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From: Light Chop
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."
"we want to stop outsourcing our work to other airlines and we want a pay raise."
"we want to rename the airline Spackleair."
04-12-2012 | 01:20 PM
Line Holder
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From: A320
Anderson at the Aviation Summit today.
Richard Anderson Remarks at Aviation Summit - C-SPAN Video Library
Richard Anderson Remarks at Aviation Summit - C-SPAN Video Library
04-12-2012 | 02:27 PM
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From: Urban chicken rancher.
Anderson at the Aviation Summit today.
Richard Anderson Remarks at Aviation Summit - C-SPAN Video Library
Richard Anderson Remarks at Aviation Summit - C-SPAN Video Library
04-12-2012 | 02:35 PM
Da Hudge
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From: Poodle Whisperer
Anderson at the Aviation Summit today.
Richard Anderson Remarks at Aviation Summit - C-SPAN Video Library
Richard Anderson Remarks at Aviation Summit - C-SPAN Video Library
SCOOOOOOPPPPPEEEEEEE!!!!!!!
04-12-2012 | 02:39 PM
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From: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Anderson at the Aviation Summit today.
Richard Anderson Remarks at Aviation Summit - C-SPAN Video Library
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
04-12-2012 | 02:41 PM
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From: Boeing Hearing and Ergonomics Lab Rat, Night Shift
04-12-2012 | 02:45 PM
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From: Urban chicken rancher.
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