Nope.....Fedex is hanging on by a thread. There is no money in cargo. That's why we immediately drew down the cargo only ops. I mean who's going to order stuff on the internet and want it delivered to their house anyway:rolleyes:

I wonder how much truth there is to this announcement.
It could be part of the TA vote, perhaps to paint a less than flattering picture.

We could always come in say this fall that we decided to reverse the decision to make the capacity cuts.
I'm 50/50 on this idea.

I do think that the global economy, as whole, is still very questionable. I like to think are capacity restraint/discipline is more in a response to that as opposed to a strategic move to squeeze more revenue out of a depressed market.
I think the election this fall is also a big variable that could swing either way.

Check,

Thought they were going all weekend.

Certainly they aren't taking trip drops to attend the Atlanta Block Party :)

Can't tell if that smoke is white or black?

The global economy, blah blah blah. The analysts will always find a driving force after the play, very few really see the big picture.

Germany is in the middle of Europe, financing the majority of the bailouts of other EU states, and is enjoying a very robust economy with near record low unemployment. Why would the US be affected more from the Euro crisis than the country at the center of Europe?

I don't think the election or what pilots happen to think has any bearing on the big moves DAL is planning. The capacity pull down this winter is strategic and Ed admitted as much. More to do with long term goals, that short term financials.

Lots of consolidation is still coming in this industry. It will take certain criteria to gain regulator approval, in particular anti-trust considerations. With all the regulatory bodies involved, you can't be the king of the hill and expect to grow.

The only influence presidential elections might have is by making it easier to gain approval of anything that is even obliquely related to creating jobs...

Cheers
George

I took that differently. I took it as DAL has been right with every other cut, and they are cutting with no indications. Time to dump airlines. :eek:

Its Black Smoke, not White. :rolleyes:

I was actually expecting an aircraft acquisition, other than a bunch of Next Gen CRJ900's. Something to prime the pump. Instead we heard talk like the contract was a foregone conclusion which reduces unit costs and increases productivity.

With a bunch of CRJ900's we will not need to acquire a 100 to 120 seat jet at mainline, or anything of the sort.

The problem with FB isn't the clothing of the CEO, he could wear a pink fluffy thong if the business plan were solid...

FB is no G00gle, who needs ads if you can get people to voluntarily put up your ads for free?

Cheers
George

That's a great idea and I have wondered the same.
The problem is the RLA specifically spells out the current scheme. It would be very difficult to gain something beyond the contract window without extending the contract window itself.

Cheers
George