Oil Spike Won't Derail NWA/Delta Merger

[brainhurts]

So, what you are saying, is if MARS ATTACKS, we will furlough, right? I think you are on to something Frank...... Anything can change Frank. What you do not really know is that we have some of the best people in the "bidness" doing the Route Planning. Glen Hauenstein is our VP in charge of that, and he was recruited from Alitalia, and Continental before that. Grinstein actually talked to Gordon Bethune and asked him if Hauenstein was worth the large salary. Bethune said YES, and he has done a great job since our BK finding routes that could be profitable. Some have not worked, and we seem to be pulling out of those sooner. We just announced JFK to Guatemala City, Liberia and San Jose, Costa Rica to stop in September due to projected smaller loads----which could be a seasonal thing, of course. Hauenstein seems to be quicker to pull things or implement things without as much delay, maximizing profit potential instead of wasting cash. He and Bob Cortelu are doing a great job.


Bye Bye--General Lee

As in "top men" from Indiana Jones?

 

[General Lee]

General:

You gonna bid it? The -700 should have some sweet trips.

Any idea what will become of the 757 fleet?

Ummm, yes. I have heard some new routes on the 737-700 will be hot and high like Quito and Vail, and other special missions that the 738 may not be able to handle. Since the pay will be the same as the 738 eventually, I don't think those trips will be junior, so it may be tougher to get that ellusive "Vail layover."(although Quito isn't tough to get on the ER (757)---a 3 day worth about 11 hours). I hope to be able to bid it for the next entitlement, although I am also looking at the 765 (only another 9 month hold) to see some larger cities in Europe and HNL 3 day trips worth almost 20 hours. We'll see. It is nice to have options.


Bye Bye--General Lee

 

[Frank Lorenzo]

So, what you are saying, is if MARS ATTACKS, we will furlough, right? I think you are on to something Frank...... Anything can change Frank. What you do not really know is that we have some of the best people in the "bidness" doing the Route Planning. Glen Hauenstein is our VP in charge of that, and he was recruited from Alitalia, and Continental before that. Grinstein actually talked to Gordon Bethune and asked him if Hauenstein was worth the large salary. Bethune said YES, and he has done a great job since our BK finding routes that could be profitable. Some have not worked, and we seem to be pulling out of those sooner. We just announced JFK to Guatemala City, Liberia and San Jose, Costa Rica to stop in September due to projected smaller loads----which could be a seasonal thing, of course. Hauenstein seems to be quicker to pull things or implement things without as much delay, maximizing profit potential instead of wasting cash. He and Bob Cortelu are doing a great job.
Bye Bye--General Lee

First of all, how would you know if they are doing a "great job?" Are you privy to all of the financials inside of the BOD meetings? Are Delta's financials outshining everyone else, or are they sucking just as bad or worse? Looking at the public disclosures, it is clearly the latter.

The funny thing is, if you ask me or any other airline executive if we are worth our bloated salaries, we will always, unequivocally answer in the affirmative.

Most of the airline employees seem to think that is a bunch of crap but I am glad to see you are a true believer!

 

[General Lee]

First of all, how would you know if they are doing a "great job?" Are you privy to all of the financials inside of the BOD meetings? Are Delta's financials outshining everyone else, or are they sucking just as bad or worse? Looking at the public disclosures, it is clearly the latter.

The funny thing is, if you ask me or any other airline executive if we are worth our bloated salaries, we will always, unequivocally answer in the affirmative.

Most of the airline employees seem to think that is a bunch of crap but I am glad to see you are a true believer!

How do I know they are doing a great job? Compared to the guys that left during BK, I would say they are doing VERY WELL. Do you even know who was in charge of that before our BK? Well, SHE was horrible, and we are very lucky to have Hauenstein. He has tapped into great markets and put us on a good path towards profitability. The problem here is FUEL. (get that in your noggin Frank)

And, I think our financials ARE BETTER than any Legacy out there. Southwest does well because of the hedges, and same with Alaska. (they have 50% at $70 a barrel) We are number 3, and we are acquiring NWA to get some of their $3 billion in cash---to amass $7 billion total to get us through this fuel crisis. Man Frank, you can't see the forest through the trees. I think Hauenstein and Cortelu are worth their salaries. Others in the business are NOT, but they are. But, you of course know better....... And believe it or not those two come to newhire introductions and Incommand seminars (new Captains)---and they do impress. Luckily you will never meet them.


Bye Bye--General Lee

 

[~~~^~~~]

Frank,

Liquidation isn't the only way to make money. At least give the guys at Delta credit for trying to fly their way out of a profit loss after bankruptcy.

Max power, pitch up, speed brakes in, pilot monitoring calls revenue trends.

 

[Frank Lorenzo]

And, I think our financials ARE BETTER than any Legacy out there.

They're not. Q2 results will come out and show this.

We are number 3, and we are acquiring NWA to get some of their $3 billion in cash---to amass $7 billion total to get us through this fuel crisis. Bye Bye--General Lee

Ummm...hello....you will have more cash, but a much larger airline that will be burning through the cash just as fast. (DC-9's and 747's drinking gas like Doug Parker goes through beer) Your own executives admit that it will cost $1B just to consummate this merger. As far as your "cash" estimate goes, you can throw that right out the window. Your Ed Bastard even admits (right in the article) that your cash on hand will be less than the stated figure.

I also like how Tammy Lee is floating trial balloons for future layoffs and cuts in service. Yeah... it's not because of the merger....it's because of "high oil."

Whatever you say Tammy. I have to admit that I am envious of the way these executives are lying through their teeth! It's almost as if I have trained them.....PERSONALLY!

I'll save your executive team the phone call and have Harvey Miller call them.

 

[General Lee]

They're not. Q2 results will come out and show this.



Ummm...hello....you will have more cash, but a much larger airline that will be burning through the cash just as fast. (DC-9's and 747's drinking gas like Doug Parker goes through beer) Your own executives admit that it will cost $1B just to consummate this merger. As far as your "cash" estimate goes, you can throw that right out the window. Your Ed Bastard even admits (right in the article) that your cash on hand will be less than the stated figure.

I also like how Tammy Lee is floating trial balloons for future layoffs and cuts in service. Yeah... it's not because of the merger....it's because of "high oil."

Whatever you say Tammy. I have to admit that I am envious of the way these executives are lying through their teeth! It's almost as if I have trained them.....PERSONALLY!

I'll save your executive team the phone call and have Harvey Miller call them.

Thanks Frank, do you have the Lotto numbers too? Riiiiiiight. So anyway, I believe our chances of surviving this mess are better than most, and so does Ed Bastain, the guy you claim is lying. . You need to re-read this article again. Also, I don't know which planes could be parked, but I bet you might be right---some of those DC9s and 742s may not make it through the process. If that is true, the NWA guys will take the brunt of that----and when they ask for fences for the 744s, our guys will also make sure they fence the DC9s.

As far as cash flow, if we EVER need more, we can ask our buddies in France---they will easily make an investment in our future---heck, they wanted to do that initially with the NWA acquisition. They wanted to throw $750 million to us, and we said we didn't need it. But, I am sure we could get it if we did need it. Did Ed Bastain make a mistake by not accepting it? Maybe he knows more than you do about Delta's actual liquidity and upcoming debt payments etc. Imagine that? Frank Lorenzo NOT knowing it all. Refreshing, actually. And you can save your call to Harvey Miller.


Bye Bye--General Lee

 

[Frank Lorenzo]

some of those DC9s and 742s may not make it through the process. If that is true, the NWA guys will take the brunt of that----and when they ask for fences for the 744s, our guys will also make sure they fence the DC9s.

I wasn't just referring to NWA's DC-9's. Your beloved MD-88's and other sundry Douglas products are...... drum-roll please......DC-9's.

"Ladies and Gentlemen, welcome aboard Delta Air Lines! Sit back, relax, and enjoy tonight's in-flight movie.... 'Titanic' ....."

 

[General Lee]

I wasn't just referring to NWA's DC-9's. Your beloved MD-88's and other sundry Douglas products are...... drum-roll please......DC-9's.

"Ladies and Gentlemen, welcome aboard Delta Air Lines! Sit back, relax, and enjoy tonight's in-flight movie.... 'Titanic' ....."

So, is a 737-900 the same as a 737-200? Come on Frank, let's see how much you really know about planes, you ran a airline, right? I guess not. The MD88 has an FMS and autothrottle, both of which can help with fuel burns, which save money for the company. An MD88 carries more people, which can lower the CASM. The MD88 is quieter, and has better range---ours go to Roatan, Honduras twice on Saturdays, and all the way to St Croix on Saturdays too. The DC9 cannot even come close. Good try again Frank. You are probably watching a different movie-----"Bird Cage" with Robin Williams and Nathan Lane.


Bye Bye--General Lee

 

[Jmoney]

Rantings of a Lunatic!!!

Thanks Frank, do you have the Lotto numbers too? Riiiiiiight. So anyway, I believe our chances of surviving this mess are better than most, and so does Ed Bastain, the guy you claim is lying. . You need to re-read this article again. Also, I don't know which planes could be parked, but I bet you might be right---some of those DC9s and 742s may not make it through the process. If that is true, the NWA guys will take the brunt of that----and when they ask for fences for the 744s, our guys will also make sure they fence the DC9s.

As far as cash flow, if we EVER need more, we can ask our buddies in France---they will easily make an investment in our future---heck, they wanted to do that initially with the NWA acquisition. They wanted to throw $750 million to us, and we said we didn't need it. But, I am sure we could get it if we did need it. Did Ed Bastain make a mistake by not accepting it? Maybe he knows more than you do about Delta's actual liquidity and upcoming debt payments etc. Imagine that? Frank Lorenzo NOT knowing it all. Refreshing, actually. And you can save your call to Harvey Miller.


Bye Bye--General Lee

Once again we see that the General has lost all touch with reality....

Air France agreed to invest in the merger under the ORIGINAL TERMS...... When that fell through, they dumped the offer. DAL at no point "said they didn't need the cash." That is absolutely nuts!

Just about as nuts as your statement that the BK recovery plan being based on oil prices of $72 per barrel..... You denial means nothiing-it is still absolutely true-public disclosure, you nut job!

Par for the course, Gen... Just get back to your collection of severed puppy heads.

-You have officially lost your ever-loving mind!

 

[General Lee]

This message is hidden because Jmoney is on your ignore list.


Valdosta, Flint, Valdosta, Flint.

Bye Bye--General Lee

 

[737 Pylt]

Once again we see that the General has lost all touch with reality....

Once again we jhome trying to touch the General!

Air France agreed to invest in the merger under the ORIGINAL TERMS...... When that fell through, they dumped the offer. DAL at no point "said they didn't need the cash." That is absolutely nuts!

Wow, all this intelligence and the best employment you can get was an f/o position at ASA?? BF surprise!

Just about as nuts as your statement that the BK recovery plan being based on oil prices of $72 per barrel..... You denial means nothiing-it is still absolutely true-public disclosure, you nut job!

Speaking of nuts, just how do you manage to speak with your mouth full of them?

Par for the course, Gen... Just get back to your collection of severed puppy heads.

-You have officially lost your ever-loving mind!

And you still keep trying to get a date with him!
I bet your shrink has made $$thousands off you!:laugh: I'm just wondering how some small man like you can afford it on your stellar paycheck!:laugh:
Now quick, sign out, and back in as tanker clown with one of your famous BK snipits in, 3.........2.........1.........

737