19. Current aircraft orders (20) not inlcuding 787's
777, 737-700 and CRJ900
No major refleating at Delta. They are content with what is on property and adding a few airframes as it makes sense but no big captital expenditures in the near term and refleating is still quite some time out.
22. I kept hearing "getting the costs out" and referring to aircraft and people. Of course the non pilots are being offered early retirement programs. I'll let everyone here connect their own dots on how the costs with airplanes and pilots we dont need will be removed.
OK I checked the slides and the aircraft still coming are
6 777
6 737-700
8 CRJ900
A couple other points I thought were worth noting from the slides. Based upon the revenue/profits debt will be paid down very rapidly...from its current 15 billion (this is total combined debt of the two carriers) down to 6.2 billion within three years. Liquidity will stay high maybe even increasing from the almost 7 billion in the bank right now (including the 1 billion received from AMEX today). Also there will be very little taxes to be paid with all the write downs carried over from the past couple years (almost 15 billion when combining both DAL and NWA).
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