Pinnacle Pilots - Don't Give In!
12-05-2012 | 06:55 AM
#41
Gets Weekends Off
Joined: Dec 2007
Posts: 593
Likes: 0
The thing that most scares me about Delta is how much money they have spent. I hope the oil refinery pans out, it was a bold, smart, and risky move. For every dollar they spend 43 cents is borrowed. More than any other airline in the US. Southwest is the lowest around 5-10 cents. Delta may look good on the outside, but it's the inside that has me worried. They consistently take money out on loan to pay for other loans, while things are getting better, they are paying close to 500 million a year just in interest. They are risking the farm right now that fuel prices don't go up and the industry continues to stay steady.
Last edited by djrogs03; 12-05-2012 at 07:06 AM.
12-05-2012 | 07:07 AM
#42
Underboob King
Joined: May 2005
Posts: 4,412
Likes: 0
From: Guppy Commander
Depends on who you ask...the pilots want more, some of those guys over there have lost 50% of what they used to have. I'm glad they are finally starting to see the return come back to normal.
The thing that most scares me about Delta is how much money they have spent. I hope the oil refinery pans out, it was a bold, smart, and risky move. For every dollar they spend 43 cents is borrowed. More than any other airline in the US. Southwest is the lowest around 5-10 cents. Delta may look good on the outside, but it's the inside that has me worried. They are risking the farm right now that fuel prices don't go up and the industry continues to stay steady.
The thing that most scares me about Delta is how much money they have spent. I hope the oil refinery pans out, it was a bold, smart, and risky move. For every dollar they spend 43 cents is borrowed. More than any other airline in the US. Southwest is the lowest around 5-10 cents. Delta may look good on the outside, but it's the inside that has me worried. They are risking the farm right now that fuel prices don't go up and the industry continues to stay steady.
12-05-2012 | 07:18 AM
#43
Gets Weekends Off
Joined: Dec 2007
Posts: 593
Likes: 0
Just because delta isn't going out and buying billions of dollars worth of "more efficient" airplanes doesn't exactly mean delta isn't "efficient". Instead delta is buying aircraft for pennies on the dollar compared to the competition and the efficiency is built into our network of our own repair facilities and refineries. The oil refinery is beating expectations and our aircraft while not the "latest and greatest" are for the most part paid for and we avoid massive payments on the planes which can be put into other areas of "efficiency". Truth is delta is being run better than just about any other airline right now and making good money.
Thread
Thread Starter
Forum
Replies
Last Post
