Mega Delta
12-22-2015, 08:37 AM
#1
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Position: stake holder ir.delta.com
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Mega Delta
This came up during the investor day presentation. Delta is already bigger than you think. Profit sharing will grow and International flying will not.
How Many Airlines Does Delta Really Run? - Bloomberg Business
http://www.sec.gov/Archives/edgar/da.../image_017.jpg
How Many Airlines Does Delta Really Run? - Bloomberg Business
http://www.sec.gov/Archives/edgar/da.../image_017.jpg
Last edited by notEnuf; 12-22-2015 at 08:56 AM.
12-22-2015, 08:57 AM
#2
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Originally Posted by notEnuf
This came up during the investor day presentation. Delta is already bigger than you think. Profit sharing will grow and International flying will not.
How Many Airlines Does Delta Really Run? - Bloomberg Business
http://www.sec.gov/Archives/edgar/da.../image_017.jpg
How Many Airlines Does Delta Really Run? - Bloomberg Business
http://www.sec.gov/Archives/edgar/da.../image_017.jpg
Sorry for the self quote, too late to edit image into the original post.
12-22-2015, 10:59 AM
#4
Kerbal Rocket Surgeon
Joined APC: Dec 2007
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On the flipside it kinda sucks when the "equity partner" starts falling apart due to poor management - and we are left holding 49% of the losses with 0% control.
Not incredibly likely to happen I hope.
Not incredibly likely to happen I hope.
12-22-2015, 11:00 AM
#5
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And we can keep saying NO, not until they have fully restored the value of our 60% FAE DB plan, and restored our pay rates, plus inflation, and restored our vacation weeks we gave away to help them stay out of bankruptcy.
12-22-2015, 12:35 PM
#7
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Originally Posted by Phuz
On the flipside it kinda sucks when the "equity partner" starts falling apart due to poor management - and we are left holding 49% of the losses with 0% control.
Not incredibly likely to happen I hope.
Not incredibly likely to happen I hope.
If you listen to the presentation and read the article, you will realize the only airline they don't have operational control of is Air France. They tried though, the quote from Richard was "the French won't let us run their airline" after talking about how our management team are the turnaround consultants for all the others and are making the business decisions.
http://event.on24.com/wcc/r/1080923/...66954E9A696F21
The Q&A with Richard and Ed. I think Jamie Baker asks the question.
We as a group need to be fully aware of this international "growth." SCOPE and PROFIT SHARING need strengthening.
http://seekingalpha.com/article/3771...ahead-at-delta
Last edited by notEnuf; 12-22-2015 at 01:06 PM.
12-22-2015, 01:27 PM
#9
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Originally Posted by Hank Kingsley
I have a feeling that Profit Sharing is numero uno with management. They will demand to couple us with non contract.
12-22-2015, 01:41 PM
#10
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Originally Posted by Hank Kingsley
I have a feeling that Profit Sharing is numero uno with management. They will demand to couple us with non contract.
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