Delta valuation

[Hpilot]

Can anyone confirm or deny the information below?

"Let’s look at how Delta’s self-estimated valuation compares to the rest of us:"

Airline
Valuation (in billions)
Southwest
$12.4
Delta (self evaluation)
$9.4 to $12.0
American
$6.7
United
$5.0
US Airways
$4.9$
Continental
$3.9


I had heard Delta overvalued itself, but this was the first chart I saw.

 

[FDJ2]

Can anyone confirm or deny the information below?

"Let’s look at how Delta’s self-estimated valuation compares to the rest of us:"

Airline
Valuation (in billions)
Southwest
$12.4
Delta (self evaluation)
$9.4 to $12.0
American
$6.7
United
$5.0
US Airways
$4.9$
Continental
$3.9


I had heard Delta overvalued itself, but this was the first chart I saw.

Where did you find that Chart?

BTW, the market is determining DAL's value. On friday bond traders were selling DAL claims for 63 cents on the dollar. With an estimated claim pool of $14B-$16B that puts a market value on DAL of approximately $9-$12B.

 

[Hpilot]

I had to copy and paste. Sorry can't say and there was no reference for the chart on the e-mail(darn it).

 

[BLUE BAYOU]

A quote from the USA today Money section:

Delta CFO Ed Bastian says a merger would leave the new airline with $23 Billion in debt, about double what Delta would have as an independent. Wow, even if they valued Delta at 12 Billion, it would only equal it's debt. But hey, $700 million in cost cuts (ala the workers giving up pay/pensions) is going to put Delta in the Black by about $450 million next year. Time to form a strike committee and get your money back guys...

 

[737 Pylt]

A quote from the USA today Money section:

Delta CFO Ed Bastian says a merger would leave the new airline with $23 Billion in debt, about double what Delta would have as an independent. Wow, even if they valued Delta at 12 Billion, it would only equal it's debt. But hey, $700 million in cost cuts (ala the workers giving up pay/pensions) is going to put Delta in the Black by about $450 million next year. Time to form a strike committee and get your money back guys...

Blue:
I don't know if you're poking fun or not. Let's get the airline back in the black first. Our CFO was quoted as saying DL will be "wildly profitable" in 2007. If so, then yes it will be time to try and get "some" of our paycuts back. I don't see however, a return to the ck2000 rates!

737

 

[YourPilotFriend]

Isn't it amazing when it comes to paycuts the company is dire straights? However, when something happens that threatens the exec jobs the company is worth at least 50% more than a great offer.

 

[bigtexpilot]

Isn't it amazing when it comes to paycuts the company is dire straights? However, when something happens that threatens the exec jobs the company is worth at least 50% more than a great offer.

Delta Management:No No No we do not want to merge with anyone! We want to be an independent stand alone carrier but(wink, wink), how much will we(mgt) get if we merge with ya?

 

[FDJ2]

But hey, $700 million in cost cuts (ala the workers giving up pay/pensions) is going to put Delta in the Black by about $450 million next year. Time to form a strike committee and get your money back guys...

With a $2.1B claim selling at over 60 cents on the dollar it looks like that $700M concession will turn into a $1.4B return. The average DAL pilot probably received $300k in claims which should equate to a nice cool $200K pay out on exit. Oh yeah, that still doesn't account for a $650M note which will be another $100K average payout per pilot. Not bad for concessions that still keep their pay above JBLU's.

 

[zonker]

With a $2.1B claim selling at over 60 cents on the dollar it looks like that $700M concession will turn into a $1.4B return. The average DAL pilot probably received $300k in claims which should equate to a nice cool $200K pay out on exit. Oh yeah, that still doesn't account for a $650M note which will be another $100K average payout per pilot. Not bad for concessions that still keep their pay above JBLU's.

Please don't read anything Blue Bayou posts. He's a bootlicking moron.

His answer to the Jetblue A320 pilots continuing their yearly paycut was, "I'm not starving."

 

[ironspud]

With a $2.1B claim selling at over 60 cents on the dollar it looks like that $700M concession will turn into a $1.4B return. The average DAL pilot probably received $300k in claims which should equate to a nice cool $200K pay out on exit.

Which you will never see. DA.

 

[General Lee]

Which you will never see. DA.

Are you sure about that? Dalpa already sold some of the shares at 67 cents on the dollar. The creditors want to get between 60 and 80 cents on the dollar, and our CFO said they could get that. We'll see chief.


Bye Bye--General Lee

 

[737 Pylt]

Which you will never see. DA.

Oh, come on spud knocker, its ok to be jealous. I'm sure you were foaming at the mouth of the thought of the evil DL pilot group getting absorbed by US Airways.....So sorry to dissapoint you! How's life at Southern Air?
Those 20 on 10 off trips killing you yet? How's the home life?

737