Delta Pres/CFO says Delta strong enough to go it alone--AJC article

[Tanker Clown]

Flow Down? Whatever you think there genius....
Kinda like your flow down to Comair...and don't just copy and paste another article you read on the internet somewhere. I can do that all day long as well. Oh, I forget, you know it all and Delta management is the best and Delta will never be bought and NEVER file bankruptcy again.

We should take bets on when DAL files again. I do have a question. If after BK their 88 leases went from 280K a month to $80K, what can you get them down to in another trip thru BK? $0?

If Delta mgt was so good, why did they ever accept such crappy leases? I personally feel that convenient trips through Ch 11 is about on par with gov subsidies. Call me a Darwinist, but Delta should have had to sink or swim in the free market. It's sad they had to go the hand out route.

 

[Full of LUV]

What????

We should take bets on when DAL files again. I do have a question. If after BK their 88 leases went from 280K a month to $80K, what can you get them down to in another trip thru BK? $0?

If Delta mgt was so good, why did they ever accept such crappy leases? I personally feel that convenient trips through Ch 11 is about on par with gov subsidies. Call me a Darwinist, but Delta should have had to sink or swim in the free market. It's sad they had to go the hand out route.

Tanker,
Not sure where your hard on for DAL is based from, but the BK laws are what they are. Legacies had spent a generation building pilot, and employee, wages and benefits that were the envy of the industry from an employees point of view. Then a recession and 9-11 knocked the bottom out of the industry allowing the LCC's with no retirement, lower wages, shatty medical coverage etc to proliferate and thrive. The industry ball had moved, so by your logic, the legacies shouldn't have tried to adapt and compete, but should have just folded up shop and went under. The only way you gut a negotiated contract is put the fear of god in the pilot group(AA) or drive the bus to the edge of the cliff and declare BK and get the judge to impose (or threaten to impose) a new contract on the group. (all other legacies)
Fact is you hide in the Military, claim to be a pilot, but if you plan on working in this industry some day, I suggest you come to realize that each company is filled with pilot professionals trying to earn as much money with the best QOL and benefits possible.
If you plan to save every nickle, retire from the AF with no family or life and not work in the industry, then do us a favor and log off. You routinely add nothing to the conversation and come off as a bitter tool. At least the GL loves his company, why don't you get on here and tell us how great the AF is in the military forum, I'm sure the recruiters would love to hear your glamour stories of 90 day stints in Al Udeid.
Luv

 

[Hpilot]

Are you sure you can afford it on your pay scales??:laugh: :laugh: :laugh:

737

Well gee. What I made of selling several homes two years ago was more than you'll make in 10 years. Oh it sucks to be you.

 

[Hpilot]

That car is sweet. I found a proto-type picture of concept trans-am that looks pretty good also. link below

http://www.motorpasion.com/images/camaro_trans-am_concept.jpg

http://www.millstonegraphics.com/transam/taconcept40TH2.jpg

Nice links. I put money down to hold an order for the 427(modern ZL-1) version soon to be anounced. If they change their mind I get the money back otherwise I figure it's worth the extra 10k. I had a COPO camaro back in the day, but sold it to start a business.

 

[Superpilot92]

Nice links. I put money down to hold an order for the 427(modern ZL-1) version soon to be anounced. If they change their mind I get the money back otherwise I figure it's worth the extra 10k. I had a COPO camaro back in the day, but sold it to start a business.

Nice!! I have an 05 GTO LS2 6 speed. I love it but i would sell it to get a new challenger:beer:

 

[FmrFreightDog]

I won't bid the DC9--you can bet on that.

Bye Bye--General Lee

Probably for the best anyway... You actually have to fly the 9 instead of turning on the automation and expounding and blowing hot air in cruise, as I'm sure you're used to. Tell me, honestly, do you bash the 9 because you feel your 88's are superior aircraft, or is it just because you're afraid of it??

I'm not worried about you bidding the 9. Your testicles will have to drop before you can even think about handling that airplane, you button-pushing blowhard.

I happen to love the 9. Then again, I actually remember how to fly an airplane......

(I'm sure your ego driven response will be forthcoming, post haste, but I'll just continue to chalk your 9 bashing up to good old fashioned penis envy. Growing problem, my butt.... Ask your wife, General. The only growing problem you have is your hemorrhoids.)

 

[slaquer5]

Actually our current value is closer to $7 billion, only $1 billion less than Southwest is worth.
Bye Bye--General Lee

Even you cant be that stupid to believe that. How do you come up with 7 billion for SWA. Our fuel hedges alone are worth 4 B.

 

[Zipperhead]

Even you cant be that stupid to believe that. How do you come up with 7 billion for SWA. Our fuel hedges alone are worth 4 B.

Cause he's the general and he thinks he knows everything about every airline. He probably read that on the internet somewhere, so you know, it has to be be true....

 

[BILL LUMBERG]

We should take bets on when DAL files again. I do have a question. If after BK their 88 leases went from 280K a month to $80K, what can you get them down to in another trip thru BK? $0?

If Delta mgt was so good, why did they ever accept such crappy leases? I personally feel that convenient trips through Ch 11 is about on par with gov subsidies. Call me a Darwinist, but Delta should have had to sink or swim in the free market. It's sad they had to go the hand out route.

Where do I start??

Leo Mullin and Michelle Burns and crew mortgaged the airline to the hilt, thinking that this whole September 11 thing would be short lived. They were wrong, as history showed. It took a awhile for traffic to return. They were agreeing to interest rates of 31 percent in equipment leases and then hoarding the cash. All while this was going on, knowing full well the airline couldn't sustain that, they set up Bankruptcy proof pension plans for themselves. As they hoarded cash, the stock price remained propped up while the airline couldn't keep up with the interest payments.

So you believe 60000 employees should lose their jobs because of 5 scumbags??? Did the office guy at Enron deserve to lose his job for his actions?? This was the exact reason Bankruptcy was created. To re-organize and believe it......it wasn't for free....it cost a lot in lawyers (more scumbags) and fees just to dance on the carpet of the courts.

But then again, you know everything, I just can't believe I just wasted 2.4 minutes typing this out to a
schoolgirl hiding behind his flightsuit.....

 

[LandGreen]

I think that Tanker Clown guy was the one who got beat up, locked in lockers, and given swirlies in high school! "_ _ _ _ _ Envy" is what the correct term is!!

Fits the profile!

 

[Tanker Clown]

Where do I start??

Leo Mullin and Michelle Burns and crew mortgaged the airline to the hilt, thinking that this whole September 11 thing would be short lived. They were wrong, as history showed. It took a awhile for traffic to return. They were agreeing to interest rates of 31 percent in equipment leases and then hoarding the cash. All while this was going on, knowing full well the airline couldn't sustain that, they set up Bankruptcy proof pension plans for themselves. As they hoarded cash, the stock price remained propped up while the airline couldn't keep up with the interest payments.

So you believe 60000 employees should lose their jobs because of 5 scumbags??? Did the office guy at Enron deserve to lose his job for his actions?? This was the exact reason Bankruptcy was created. To re-organize and believe it......it wasn't for free....it cost a lot in lawyers (more scumbags) and fees just to dance on the carpet of the courts.

But then again, you know everything, I just can't believe I just wasted 2.4 minutes typing this out to a
schoolgirl hiding behind his flightsuit.....

Call me a free market capitalist...I just think that the strong should survive. Maybe Delta wasn't the weakest legacy (I'm sure that's a whole debate on it's own), but we will never know. All this consolidation talk now probably wouldn't be happening if there wasn't Ch 11 to hide in. Someone would probably be gone and those employees would move on to other airlines or other industries. And the capacity would be lower.

I'm sorry you guys were run by some scum bags...still, as a taxpayer, that's not really my fault. Blame your BOD. I shouldn't have to pay for a safe harbor for Delta to work out it's issues while well run airlines have to compete without the benifit of hiding behind the government.

 

[BILL LUMBERG]

Call me a free market capitalist...I just think that the strong should survive. Maybe Delta wasn't the weakest legacy (I'm sure that's a whole debate on it's own), but we will never know. All this consolidation talk now probably wouldn't be happening if there wasn't Ch 11 to hide in. Someone would probably be gone and those employees would move on to other airlines or other industries. And the capacity would be lower.

I'm sorry you guys were run by some scum bags...still, as a taxpayer, that's not really my fault. Blame your BOD. I shouldn't have to pay for a safe harbor for Delta to work out it's issues while well run airlines have to compete without the benifit of hiding behind the government.

Wait a minute Tanker....

Where do your taxes and Delta's bankruptcy merge?? Delta pays the court costs just like a traffic ticket.....nothing in this deal was for free.

The only well-run airline is Southwest....hands down!! But even they and every other post deregulation darling startup didn't have the pension costs or the healthcare issues or the training issues (type ratings paid by candidate) that the larger airlines incurred.......To go from regulated to deregulated and then compete with companies with first year employees and new manufacturer financed brand new jets wasn't Delta's fault.....but we had to live with it......and bankruptcy was the remedy.....

Trust me man, go re-read the bills we paid to be there and undo the mess the management and BOD got us into........besides, an airline with BILLIONS in revenue pays it's fair share of taxes, which is where the rubber meets the road.......no politician will let that income dissappear while we are fighting a war...

Delta goes out and then Airtran moves in (Like Delta did with Eastern) gets huge, everybody is happy..... then Tanker Air begs the government for slots and uses dealer financing to get new jets and pays their people minimum wage and then starts undercutting the established Airtran....Airtran goes out and then Tanker Air becomes the big fish and then another airline finds people to work for free.......and the spiral continues.........Is that the world you want to live in, just to subsidize a cheap ticket???

 

[737 Pylt]

Well gee. What I made of selling several homes two years ago was more than you'll make in 10 years. Oh it sucks to be you.

What....You think you're the only one selling homes on the side?
Now I know why a college degree wasn't necessary to get hired at the cactus club!:laugh:

737

 

[General Lee]

Even you cant be that stupid to believe that. How do you come up with 7 billion for SWA. Our fuel hedges alone are worth 4 B.

Talk about stupid. I said $7 billion for Delta, which was $1 billion LESS than Southwest. Go back to 3rd grade math. How much would Southwest have if that is the case? That would be $ 8 Billion. I read those numbers on the internet like good old future Cape Air Flow Back Zippy stated. I will try to verify those, but in the mean time, you must look into the camera and state "I am not smarter than a 3rd grader..."


Bye Bye--General Lee

 

[slaquer5]

Talk about stupid. I said "I am not smarter than a 3rd grader..."


Bye Bye--General Lee

General dont give yourself to much credit, I think you are more like a 3 yr old ,and even that is a stretch.