Delta reports $6.4 BILLION loss for 1st qtr.

[DIAMONDDD]

Captain Dad, I am sick of your gloating....... Bye Bye--General Lee

Yeah, gloating is stomach turning isn't it? If it is one thing I, (along with you apparently) can't stand is constant gloating. I mean it sure gets old, the gloating. Even just a little gloating sure goes a loooong way towards making people feel ill.

So it is agreed upon: Gloating=sickening.

 

[Tanker Clown]

Hey 737 Pylt....or GL, even if you believe your own BS, do you realize that your $.69 a share loss was significantly larger than the $.51/share loss that was expected.

I guess anything worth doing is worth doing right. I hope your losses continue to go well.

Maybe next time you guys reorganize in Ch 11 you'll emerge as a non-profit. It looks like that's the plan you're going with now anyway.

 

[AirBoard]

Just lurking here but the BIG questions REMAINS.......when the stock goes back up $16/share do you get to report a $6 Billion gain.

I honestly don't know. I should have been an accountant because apprently a rainy day can be sunny!

 

[Tanker Clown]

JMONEY is on ignore because I don't want to read anything from a guy from Valdosta who loves Flint layovers at ASA.

Bye Bye--General Lee

It appears that the General has gone with the "stick my fingers in my ears and say LA LA LA real loud" technique to deal with Delta's $6.4 BILLION loss. Nice plan.

When you get your furlough notice, just pretend it's a pratical joke.

 

[Jmoney]

Huh?

JMONEY is on ignore because I don't want to read anything from a guy from Valdosta who loves Flint layovers at ASA.

Bye Bye--General Lee

How the hell did you notice I was posting about you?
-Damn, you really are not that smart, are you, there big guy?

 

[Jmoney]

It appears that the General has gone with the "stick my fingers in my ears and say LA LA LA real loud" technique to deal with Delta's $6.4 BILLION loss. Nice plan.

When you get your furlough notice, just pretend it's a pratical joke.

Yeah,

I'll bet that will just be a "Paper" furlough notice, much like your fabled "just a paper loss."

 

[captain dad]

Captain Dad, I am sick of your gloating. Re-read the article. The actual loss was $274 million, not BILLION. The rest was a one time charge that was a paper loss only. It is like saying your house you bought for $500,000 is now worth $300,000, and you are taking a right off. After the merger we will have over $7 BILLION in cash. Thanks for caring, and go back to NJA and enjoy yourself. Really.


Bye Bye--General Lee



Delta reports $6.4B loss in first quarter
Wednesday April 23, 7:35 am ET
Delta says it lost $6.4 billion in first quarter on hefty fuel costs, market value decline ATLANTA (AP) -- Delta Air Lines, the nation's third-largest carrier, says its loss widened in the first quarter to a whopping $6.39 billion due to soaring fuel prices and the steep decline in the company's market value.The results badly missed Wall Street expectations, despite a 12 percent increase in sales.
The Atlanta-based company said Wednesday the loss is equivalent to $16.15 a share. That compares with a loss of $130 million that Delta reported in the year-ago January-March quarter, when it was still in bankruptcy.
Excluding special items, primarily a $6.1 billion non-cash charge relating to the decline in Delta's market value due to sustained record fuel prices, the airline lost $274 million, or 69 cents a share, in the first quarter.
Analysts expected a loss of 49 cents a share, excluding one-time items.

Who's gloating? I am not a big fan of NWA, that is true, but it has nothing to do with the pilots. I don't wish anyone to get furloughed or go into even harder times. I was just shocked that they are claiming billions in losses to justify their little merger stiff arm maneuver.

I really feel for you guys and wish you the best. If it is any consolation. It sucks and I am sorry.

 

[jehtplane]

No, they announced earlier that they would park between 15-20 total planes, and we still will be getting 6 737-700s this year, along with 6 777LRs within 3 months (Dec 31st, 2008 and March 31st, 2009). Those planes that could be parked(mostly MD88s and a few 757s) are up for lease renewal anyway. They may still come back to us at a lower lease rate.


Bye Bye--General Lee

Let the spin begin!!!!!!!!!!!!!!!

 

[737 Pylt]

I just want to thank the regular posters here for making my bud go down really good.
Jhomo/tankerdoosh....You are the bomb!
<sigh>
Did you ever find the horse you belong to, ass?:laugh:

737

 

[Tanker Clown]

$6.4 BILLION loss....and that's all you can come up with?

 

[737 Pylt]

$6.4 BILLION loss....and that's all you can come up with?

What's the point? You and your nemisis jhomo seem to be the 2 girls infatuated with the loss.
All I know is responding to you is killing my buzz.
I also know that tomorrow I'll be sober, you, however, will still be a horses ass!:laugh:

737

 

[General Lee]

Let the spin begin!!!!!!!!!!!!!!!

Everything I stated there in your quote is absolutely correct. Could anything change? Maybe. But as of right now, it is all true. If you don't believe it, sobeit.


Bye Bye--General Lee

 

[Bdfg1]

What's the point? You and your nemisis jhomo seem to be the 2 girls infatuated with the loss.
All I know is responding to you is killing my buzz.
I also know that tomorrow I'll be sober, you, however, will still be a horses ass!:laugh:

737

6.4 ba ba ba BILLION!!!! :laugh: :laugh: :laugh:

 

[Hamburger]

6.4 BILLION dollars is enough to build 3 Space Shuttles from scratch. That's about one Space Shuttle a Month Delta has lost.........

 

[General Lee]

6.4 BILLION dollars is enough to build 3 Space Shuttles from scratch. That's about one Space Shuttle a Month Delta has lost.........

Wow, another genius hasn't read the article. Here is a quote from the AP article:

Excluding special items, primarily a $6.1 billion non-cash charge relating to the decline in Delta's market value due to sustained record fuel prices, the airline lost $274 million, or 69 cents a share, in the first quarter.


Bye Bye--General Lee

 

[Hamburger]

You spin it Right Round General, Right Round..........


Like a Record General, Right Round...Round.... Round....

 

[General Lee]

You spin it Right Round General, Right Round..........


Like a Record General, Right Round...Round.... Round....

Excluding special items, primarily a $6.1 billion non-cash charge relating to the decline in Delta's market value due to sustained record fuel prices, the airline lost $274 million, or 69 cents a share, in the first quarter.

This is spin? You really are an idiot. Try to spin an article in the WSJ or AP? So, the AP reporter has it wrong? Ohhhhhkay.....Whip it, whip it good!

Classic.


Bye Bye--General Lee

 

[Hamburger]

I must be possessed with the same idiocy as your stockholders...........You are putting forth a valiant effort, for sure. Maybe you can short Turd Polish. It's going to be in demand for the rest of this year for sure.

 

[737 Pylt]

6.4 ba ba ba BILLION!!!! :laugh: :laugh: :laugh:

Hi Steven:
I think its funny too!:laugh: I don't get too worked up over it. I'm sure we'll be reading about LCC going out of business before long, then we'll really get laughing!:laugh:
Question, did you ever get your job back at US Airways after getting fired?:laugh:
See, at least we can all laugh together!:laugh:
Are the AWA guys having the last laugh at you?:laugh:
I know I am!
Good bye Steven. Make sure and bring your stapler to work with you. After all that 2003 hire at AWA will be your captain in a few months!:laugh:
737

 

[Jmoney]

Damn....

Wow, another genius hasn't read the article. Here is a quote from the AP article:

Excluding special items, primarily a $6.1 billion non-cash charge relating to the decline in Delta's market value due to sustained record fuel prices, the airline lost $274 million, or 69 cents a share, in the first quarter.


Bye Bye--General Lee

Really?

Do you really expect us to be that stupid? Why do you think they took a charge? What do you think that charge was?

If you were not such a damn idiot with so little knowledge of the world outside of DAL, you would realize that this is very, very, very bad.

Do you really think that since the charge is not against unrestricted cash, it is not real? Do you think the SEC just lets companies make this stuff up and write out big big numbers whenever they want even though they have nothing to do with big terms for smart people like "asset valuation" and "market captitalization."

Wait and see what happens to the credit rating over there, General. It should only take a day or two for you to get downgraded-maybe then you will start to realize how bad this is!

 

[Jmoney]

737

Hi Steven:
I think its funny too!:laugh: I don't get too worked up over it. I'm sure we'll be reading about LCC going out of business before long, then we'll really get laughing!:laugh:
Question, did you ever get your job back at US Airways after getting fired?:laugh:
See, at least we can all laugh together!:laugh:
Are the AWA guys having the last laugh at you?:laugh:
I know I am!
Good bye Steven. Make sure and bring your stapler to work with you. After all that 2003 hire at AWA will be your captain in a few months!:laugh:
737

I thought I was on you "ignore list" idiot! I guess you and the General (oh, wait-you ARE the General! Oh, well, that cat's been out of the bag for a while) both had me on your ignore lists. Funny how you both keep responding when I piss you off!

BTW-The little laughing faces in your posts don't make you look any smarter. Between your sentence fragments and mis-spellings, we all can see that you are definitely not "smarter than a 5th grader."

 

[Tanker Clown]

I got an idea. GL has stated multiple times, the 4th and 1st quarters are slow. Pan Am obviously can't make money in the winter.

Why don't you Song guys just take off from Thanksgiving to say May 1st. You can't make money, so, why don't you just shut it down for 5 months of the year. You'd have a lot more money if you did. You'd have about $6.5 billion more than you do now.

 

[Zipperhead]

Guys don't waste your time with General, all he can hear is that they only lost a couple million. He choses to ignore the BILLION part in one time write downs. He's too dumb to understand what this means, but to him it's not that bad. He only hears what DALPA is spewing.

 

[737 Pylt]

I think its really funny how jmoney/tanker, the same person, posts right after himself!
Bet that's one for the shrink!
Tanker/jhomo.....You have a really cool web site!:laugh: :laugh:
BTW, did you ever find the horse that left you, ass?

737

 

[General Lee]

Guys don't waste your time with General, all he can hear is that they only lost a couple million. He choses to ignore the BILLION part in one time write downs. He's too dumb to understand what this means, but to him it's not that bad. He only hears what DALPA is spewing.

Wait, we lost a couple MILLION? I thought we MADE $3 BILLION? Yeah, and we also got the rights to take over FRANCE, and then start local bus service from NICE to LYON? Anyway, I just copy and paste what the AP article states, and you accuse me of making stuff up. I am too dumb to understand what a write down means? Could there be a relation between why only Delta and NWA used this accounting practice of a HUGE write down when they are both doing the rounds in Congress trying to merge? I guess I can't see what that means??? Thanks for making me see that.


Bye Bye--General Lee

 

[machtuck]

It amazes me how many guys/gals on this site who get enjoyment seeing other pilots/ professionals and their airlines struggle in this environment. I have been furloughed and through bk and I dont wish it on anyone. I personally wish that we all survive this mess. General/ 737pylt- why bother replying to the clowns on this board?

 

[jehtplane]

It amazes me how many guys/gals on this site who get enjoyment seeing other pilots/ professionals and their airlines struggle in this environment. I have been furloughed and through bk and I dont wish it on anyone. I personally wish that we all survive this mess. General/ 737pylt- why bother replying to the clowns on this board?

I think you are missing the point here. I do not believe anyone here wishes ill will towards Delta, I think everyone see's what I see and that General Pee is the first one to post every other airlines struggles, and Gloat about his precious Delta. I personally wish Delta all the best.

 

[Giggity]

It amazes me how many guys/gals on this site who get enjoyment seeing other pilots/ professionals and their airlines struggle in this environment. I have been furloughed and through bk and I dont wish it on anyone. I personally wish that we all survive this mess. General/ 737pylt- why bother replying to the clowns on this board?

Well, I agree with you and it is a bit childish. However, when you consider that the General has over 10k posts on here either A. Telling everyone how great Delta is or B. Trying to be the first to post negative articles about other carriers, it is not unexpected to see a little backlash.

 

[Tanker Clown]

I don't wish bad things on Delta...just GL and 737 Pylt. Trust me, I don't have to wish bad thing on Delta....they just kinda take care of themselves.

At $6.4 BIL a quarter, maybe it's time to put DAL on a deathwatch.

 

[regionalcap]

I don't wish bad things on Delta...just GL and 737 Pylt. Trust me, I don't have to wish bad thing on Delta....they just kinda take care of themselves.

At $6.4 BIL a quarter, maybe it's time to put DAL on a deathwatch.

For the last time, we didn't lose 6.4 billion. Geez, we would not be flying right now if we lost that much.

Delta-Northwest–When Losing Money Helps

Posted by Stephen Grocer
When is a $10.5 billion loss good?
Well, Delta Air Lines and Northwest Airlines may have found “the silver linings in multi-billion dollar losses,” writes BusinessWeek’s Justin Bachman on the Traveler’s Check blog. The two airlines reported earnings Wednesday and that $10.5 billion number is the combined loss the pair reported.
Delta and Northwest, of course, need to gain regulatory approval for their merger, one that has already stirred opposition from politicians. (In fact, the two firms’ CEOs are on Capitol Hill defending the merger.) But here’s the thing, much of the red ink wasn’t from operating losses, Bachman points out. The airlines posted a first-quarter loss before special items that amounted to a combined $465 million and then wrote down $10 billion in goodwill to reflect their slumping share prices. But the average person won’t look beyond the $10.5 billion number, and “it is a persuasive amount, one that can help sway the average Joe or Jane who may not care to read into the finer print,” Bachman writes.