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-   -   Delta 3rd quarter loss (https://www.airlinepilotforums.com/major/45039-delta-3rd-quarter-loss.html)

acl65pilot 10-22-2009 06:45 AM


Originally Posted by 1234 (Post 698518)
Thank you, now I can concentrate this weekend on shooting ring-neck feathery aviators and not be worrying about the viability of plan b and c.

We are on a slow climb. We need to make sure that we keep the correct trim and rudder corrections in. We would not want to correct with the ailerons and add drag. So far we are performing the single engine missed well.

Dove? Where Texas? Going to do that in a few weeks myself.

Free Bird 10-22-2009 06:45 AM

Still not good
 
I get what deltabound is saying. Let's not forget that mother Delta has made $$$ for a whopping 2 quarters going back to early 2001!

On a Good / Bad scale Im still thinking this is Bad.

johnso29 10-22-2009 06:45 AM


Originally Posted by ewrbasedpilot (Post 698525)
I don't think you read it correctly......;) Here's the "scoop". The sad part though is that CAL stock litterly got demolished yesterday. It was down around 16%. So......show a little profit and get hammered.....go figure.

I did read it wrong. I told you it was a big IF! :p

ewrbasedpilot 10-22-2009 06:46 AM


Originally Posted by johnso29 (Post 698526)
Well accountants are tricky people.:p

You got that right..........seems you can show a profit, but it's still a "loss". Things that make you go "hmmmmmmmmmmmmmm". :)

johnso29 10-22-2009 06:47 AM


Originally Posted by Free Bird (Post 698528)
I get what deltabound is saying. Let's not forget that mother Delta has made $$$ for a whopping 2 quarters going back to early 2001!

On a Good / Bad scale Im still thinking this is Bad.

That's the airline biz. It's always something.

acl65pilot 10-22-2009 06:47 AM


Originally Posted by Free Bird (Post 698528)
I get what deltabound is saying. Let's not forget that mother Delta has made $$$ for a whopping 2 quarters going back to early 2001!

On a Good / Bad scale Im still thinking this is Bad.

Any red is bad. We have less than others which is good. Domestic airlines are doing well because we are all doing well domestically. When the international traffic picks up, we will be doing better.

I still think that we as pilots need to keep our hands on the wheel.

ewrbasedpilot 10-22-2009 06:48 AM


Originally Posted by Free Bird (Post 698528)
I get what deltabound is saying. Let's not forget that mother Delta has made $$$ for a whopping 2 quarters going back to early 2001!

On a Good / Bad scale Im still thinking this is Bad.

I think I smell "profit sharing" in the air.........:o

johnso29 10-22-2009 06:49 AM

I know I heard SAABs gone in the next 2-3 years, but did I hear ANOTHER 100 50 seaters gone?

ewrbasedpilot 10-22-2009 06:52 AM


Originally Posted by acl65pilot (Post 698532)
....... When the international traffic picks up, we will be doing better.

...........

I think the US dollar being in the toilet is going to significantly help int'l travel/traffic for those who fly across the pond, at least for the next few quarters. The Europeans are loving every minute of it since it's literally costing them HALF of what it used to. Unfortunately going to Europe for a "cheap" vacation is now a pipe dream.

Scoop 10-22-2009 06:53 AM

[quote=Doug Masters;698444]WASHINGTON, Oct 22 (Reuters) - Delta Air Lines Inc (DAL.N), the world's biggest airline, reported a quarterly net loss on Thursday due to special charges, but operating earnings beat Wall Street expectations.
Delta, which merged with Northwest Airlines last year, said its loss was $161 million, or 19 cents per share, including $212 million in special charges.
Excluding the charges, the company reported a profit of 6 cents per share. Analysts on average had expected a loss of 5 cents per share, according to Thomson Reuters I/B/E/S. (Reporting by John Crawley; editing by John Wallace)


What profit drives our profit sharing? Is it operating profit, net profit, gross profit, make believe profit, or profit less special one time charges? Which by the way we seem to come up with new ones every quarter - no lack of management creativity here. :)
I remember the big argument when we were considering profit sharing was that the company could easily mask profits, to which the DALPA guys said we considered that and the type of "profit" our profit sharing was based on was not easily suseptible to manipulation.

Scoop


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