Any "Latest & Greatest" about Delta? - Page 7133

#71321

Columbia , 07-19-2011 07:39 AM

Gets Weekends Off

Quote:

Originally Posted by acl65pilot

My opinion on this:

Like CPS and and Mesaba, DAL is shedding assets, not for a profit, but to get them off of their books. They are not worried about making money on these items, they are only worried about clearing them off the books. They are really cleaning house wrt to debt on the books. Pay attention to this.

The RFP is significant in my opinion, but there is something else going on. They are being very aggressive in dumping anything they can.

Remember, pilots are assets as well.

#71322

iaflyer , 07-19-2011 07:44 AM

seeing the large hubs...

Quote:

Originally Posted by BigGuns

Now that the DAL stock link is off the Detlanet hompage. How do we get on the internet on company computers??

Wait for the stock price to go back up?

#71323

Columbia , 07-19-2011 08:04 AM

Gets Weekends Off

Someone's expecting it to go up...
News Headlines

Delta Air Lines shares set a new year low of $7.92 following fellow airline operator SkyWest Inc's lowering of its profit outlook. For details, see Delta's early option activity suggests at least one investor believes the shares have reached a bottom and will rally over the coming months, said Patrick Mortimer, director of options trading at Pipeline Trading Systems. The September $9 calls have volume of more than 11,000 contracts traded already with one block of 7,944 contracts purchased for a premium of 31 cents per contract. These options will need shares to rally 16.3 percent from a share value of $8.01 level by September expiration for the buyer to begin to see any profits. Also showing bullish sentiment is the activity in the August $9 puts, as more than 7,000 contracts have traded with a majority of the activity on the bids, he said. Mortimer noted the strike's open interest is high enough to cover this activity so the trading in these puts could be investors closing out bearish long put positions. Total option volume is about 33,000 contracts, consisting of 21,000 calls and 12,000 puts crossing the tape by early afternoon, nearly double the average daily volume, according to Trade Alert.

#71324

DAL 88 Driver , 07-19-2011 08:12 AM

At home on the maddog!

Quote:

Originally Posted by acl65pilot

Everyone tries to figure out what they are doing that makes them so special, but every business wizard glosses over the first part, People. In Fed Ex's case it is PSP. People-Service-Profit. In SWA's case it is very similar, People.

Invest in that asset, and guess what, your business gets you a return that cannot be measured on a balance sheet, a 10K report, or a on-time metric. It may show up here and there, but where it really shows up is customer satisfaction. In simple interaction of people to people is what sets the tone for your business.

Just like in the restaurant industry, Customers will forgive you for a bad meal, but they will not forgive you for bad service. That translates in to everything we do here. All of that starts with putting value in people. The first step in that is, recognizing a need to pay them correctly, respect their families needs, and understand that one may love their job but they work to live, not the other way around.

Well said, ACL. Almost sounds like I could have written it...

Quote:

Originally Posted by acl65pilot

When I turned down SWA, I told them my reason, which was a few things, but family was at the top, and their response was, "Family comes first, and if you ever decided to work here, just give us a call and we will gladly take you." That right there says many things. It shows that the corporation gives the latitude to the employee to make a great decision, and it shows the cultural mindset that they put forth. That all comes from clearly showing though money and other means that you matter to your company. It really is not any simpler than that.

Again, well said and I completely agree. But you turned down Southwest???

#71325

maddogmax , 07-19-2011 08:14 AM

Gets Weekends Off

Time to Buy?

#71326

Nosmo King , 07-19-2011 08:38 AM

Inventory survival kit ..

Quote:

Originally Posted by Columbia

Remember, pilots are assets as well.

Pretty sure management and other labor groups spell the word without the letter" t".

#71327

acl65pilot , 07-19-2011 08:38 AM

Happy to be here

Quote:

Originally Posted by DAL 88 Driver

Well said, ACL. Almost sounds like I could have written it...

Again, well said and I completely agree. But you turned down Southwest???

Yep, I did.

Turned down AAI in the 90's as well.

#71328

DAL 88 Driver , 07-19-2011 08:44 AM

At home on the maddog!

Quote:

Originally Posted by acl65pilot

Yep, I did.

Turned down AAI in the 90's as well.

Sounds like your crystal ball isn't any better than mine!

#71329

Nosmo King , 07-19-2011 08:47 AM

Inventory survival kit ..

Quote:

Originally Posted by Bucking Bar

Another big loss on "outsourced" flying, although this is own own subsidiary, so the losses are all ours.Now, lets see how much the Airport Board flips the property to the TSA for.

New on the HLN Channel, "flip this Airline Headquarters."

But this should be viewed for what it is, an ABSOLUTE STRATEGIC FAILURE by Delta management. They paid $2,500,000,000.00 for Comair, took a $600,000,000 strike, then got mad about that and decided to outsource their own subsidiary's work, destroying the value of their own asset. The real cost of this mismanagement is over 10 billion when the cost of the airplanes are included. WHERE IS THE OUTRAGE?

How different would our contract be if we had $10 billion sitting in the bank?

For you senior guys that think "scope does not matter" what about the idiotic things our management does to take advantage of what we allow? Our airline works harder at trying to figure out how not to fly, than it does running a good operation. The result is the loss of billions.

This post reminded me of the rumor that Boeing is going to buy the NATCO building.

#71330

Columbia , 07-19-2011 09:08 AM

Gets Weekends Off

The Airbus line gets longer

American Airlines?s Management Lean Toward Airbus, WSJ Says - Bloomberg

American Airlines’s Management Lean Toward Airbus, WSJ Says
Q
By Chris Peterson - Jul 19, 2011 5:17 AM ET

Management at AMR Corp. (AMR)’s American Airlines is leaning towards Airbus and may recommend buying the European planemaker’s jetliners over Boeing Co. (BA) to replace its short-haul fleet, the Wall Street Journal reported, citing people familiar with the matter.
AMR’s board is due to meet tomorrow and may make a decision on 200 aircraft with a book value of $20 billion; American Airlines’ management will recommend picking Airbus, although last-minute talks may take place, the newspaper said.