I guessing you probably didn't tell your kids that you were interested in "constructive engagement".

I'm wildly fascinated with the word semantics we are fed sometimes. I think it all depends on management's interpretation of the word "demand", it's not personal, it's a negotiation. I don't feel as though taking a stance should be interpreted as a move of disinterest towards "constructive engagement".

That's just me though...

 

Detroit makes plea for direct Dubai service - Transport - ArabianBusiness.com
Hopefully delta does this one and not emirates. Problem is that. Emirates would offer all the connections over there whereas delta Would be mostly originating pax. Maybe not daily service but 3 or 4 times a week with a 777 or 747?

 

If we were to start the service, these same officials would soon be the ones berating us in the press for excessive airfares.

 

Just to stoke the fire, if your kids sit around the house and don't do anything, does your mortgage still get paid?

 

Thanks for posting this.

It's interesting that the parties objecting to the DIP terms are equity holders, evidently not creditors themselves.

It's also interesting to think about the AMR case. I wonder if the arrangements made between three members of the creditors' committee, and a company not currently auhtorized to offer a competing business plan, are also a way to diadvantage creditors in general, at the expense of creditors in general.

There must be a problem in one of thses two cases, not sure which.

 

Dalpa puts out a lot more then a document on the contract. On every contract I have been involved with they put out a contract highlights package shortly after signing. Then they put out actual contract language prior to voting. About the same time they put out a extensive often section by section explanation of the contract. Then they put on a series of road shows at the major bases and geographic centers where pilots live. There are also concurrent MEC meetings ongoing where normally the negotiating team will show up for a question and answer. The road shows are also made available as a webcast.
Afer all that 1/3 of the pilot group will complain they did not get any information before voting. Another 1/3 will complain the MEC did a sell job on the TA. The last 1/3 will say contract? Are we in negotiations?
P.S. The MEC had better not bring me any contract for a vote unless they can stand up confidently and sell the contract as the best deal for Delta pilots and their families. If they can't do that then it should not even be released for a vote with one exception. There are situations where putting a bad contract to a vote can be a useful political tool to show pilot resolve. In that case it should simply be put before the pilot group with the understanding its not endorsed by the MEC. That has not happened at Delta yet.

 

$39M loss or -$0.05/share for 2012Q1:

Delta Air Lines Announces March Quarter Results - Yahoo! Finance

Beats -$0.38/share from a year earlier, and $355M better than last year.

HOWEVER, with fuel hedges we netted a $124M PROFIT.

Delta Air Lines posts profit, aided by gain | Reuters

 

Delta reports Q1 financial results

April 25, 2012

Delta reported a first quarter 2012 loss of $39 million, or 5 cents a share. These results represent year-over-year improvement when compared to last year’s Q1 loss of $318 million, as stronger revenue this year helped overcome higher fuel prices.

On a before-tax basis, Delta improved its 1Q performance by $355 million despite paying $250 million more for jet fuel than the same period of 2011. The performance bodes well for the current quarter and full year, Richard said in a release today.

“Our March quarter improvement in results and operations are further evidence of the building momentum we have as a company and I want to thank Delta employees worldwide for the hard work that produced these results,” Richard said in the release.

“By staying true to our plan – increasing revenues, keeping disciplined with costs, capacity and capital, running a great operation and taking care of our employees and customers - we expect the June quarter and full year will be not only solidly profitable but also another significant improvement over last year despite higher fuel prices,” he continued.

Delta’s total revenue continues to be the big driver of its improved financials. Revenue increased 9% on the strength of strong corporate travel, broad demand across all regions and the company’s commitment to remain disciplined about capacity.

“As a company, we’ve made tremendous progress in building a durable business model, which can generate profits during good years as well as bad,” said Paul Jacobson, s.v.p.-Finance and chief financial officer, in a memo to employees Wednesday. “We have more work to do, but I’m confident that we have the dedication and focus to reach our goals.”

The strong operational performance – which yielded employees $22 million in Shared Rewards – helped improve earnings and continues to help attract business fliers. Delta’s March unit revenue increase of 14 percent over last year gives it 12 consecutive months of outperforming the industry revenue average.

The airline continued to lower its total net debt, having cut nearly $5 billion in the past two years to reach $12.2 at the end of Q1. Delta should reach the $10 billion net debt level by next year as it continues to de-lever its balance sheet. Delta also funded all its 2012 pension obligations in April, well ahead of schedule.*

 

It took a while, but I found one written in english:

(RTTNews) - Delta Air Lines (DAL: News ) posted first-quarter GAAP net income, including a $163 million gain from special items, of $124 million or $0.15 per share, versus a loss of $318 million or $0.38 per share last year. Excluding special items, Delta's net loss for March 2012 quarter was $39 million, or $0.05 per share, the company added. On average, 14 analysts polled by Thomson Reuters expected loss per share of $0.05 for the quarter. Analysts' estimates typically exclude one-time items.


Quarterly total operating revenue was $8.41 billion, a 9% increase from $7.75 billion in the prior-year quarter, whereas 9 analysts estimated revenues of $8.36 billion for the quarter. Despite lower capacity, traffic increased 1% as load factor increased 3.3 points to 79.7%.


Looking forward to the second quarter, the company projects operating margin of 8% - 10% and capital expenditures of $400 million.

 

Isn't it "irregardless" ?

Anyway, be careful with you're usage.
Some flight attendants leave there computers on while their on trips.
You could get a warning from this guy: