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DAL lost 1.4 billion, Spin it general lee

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9rj9

Well-known member
Joined
Nov 25, 2001
Posts
491
These clowns took pay cuts for this....


For the recent quarter, the Atlanta carrier (DAL:
Last: 7.95-1.98-19.94%
said it lost $1.4 billion, or $2.11 a share, compared to a loss of $70 million, or 18 cents a share, in the year-ago period. Delta was hit by a $900 million non-cash charge related to employee equity awards in the most recent period, as well as a $91 million loss on out-of-period fuel hedges.
 
These clowns took pay cuts for this....


For the recent quarter, the Atlanta carrier (DAL:
Last: 7.95-1.98-19.94%
said it lost $1.4 billion, or $2.11 a share, compared to a loss of $70 million, or 18 cents a share, in the year-ago period. Delta was hit by a $900 million non-cash charge related to employee equity awards in the most recent period, as well as a $91 million loss on out-of-period fuel hedges.


There's nothing to spin. 900 million of that loss went right into the employees pockets. Time will tell on the paycuts. To put it another way, if Delta pilots--that's also NWA pilots take a true paycut in 2009, there will be 1 or more majors, and several LCCs in BK--taking pay cuts worse than Delta employees.
 
Wow, someone is miffed!!!

These clowns took pay cuts for this....


For the recent quarter, the Atlanta carrier (DAL:
Last: 7.95-1.98-19.94%
said it lost $1.4 billion, or $2.11 a share, compared to a loss of $70 million, or 18 cents a share, in the year-ago period. Delta was hit by a $900 million non-cash charge related to employee equity awards in the most recent period, as well as a $91 million loss on out-of-period fuel hedges.

Hey at least $900million went straight to employees instead of execs.... Not sure what paycuts you speak of, but at least it wasn't a 1.5 billion loss, there some spin for ya!
 
There's nothing to spin. 900 million of that loss went right into the employees pockets. Time will tell on the paycuts. To put it another way, if Delta pilots--that's also NWA pilots take a true paycut in 2009, there will be 1 or more majors, and several LCCs in BK--taking pay cuts worse than Delta employees.


Oh yes there is, you guys still lost money even after one time charges. In this case a loss is a loss!

Thats ok at least the general will come back on here and tell us how much LBB overnights suck.
 
Oh yes there is, you guys still lost money even after one time charges. In this case a loss is a loss!

Thats ok at least the general will come back on here and tell us how much LBB overnights suck.

Hey ****************************** bag. Get your own house in order. After 2 quarters of losses and dwindling cash, LUV isn't all its cracked up to be. Matter of fact, you're just like every other carrier out there.
Did you send in your application to Volaris yet? At least all that money wasted on that type won't go unused after your furlough, junior.
 
Hey ****************************** bag. Get your own house in order. After 2 quarters of losses and dwindling cash, LUV isn't all its cracked up to be. Matter of fact, you're just like every other carrier out there.
Did you send in your application to Volaris yet? At least all that money wasted on that type won't go unused after your furlough, junior.


I know that you have a problem readng english so i will make it easy on you, SWA had a profit ex one time items, DELTA HAD A LOSS EVEN EXCLUDING ONE TIME ITEMS! now its time to go back to grade school, go on now and be a good little girl.


Dont worry, im sure you will be able to try again and get an interview here, I will help you!( ha ha NOT)
 
I know that you have a problem readng english so i will make it easy on you, SWA had a profit ex one time items, DELTA HAD A LOSS EVEN EXCLUDING ONE TIME ITEMS! now its time to go back to grade school, go on now and be a good little girl.


Dont worry, im sure you will be able to try again and get an interview here, I will help you!( ha ha NOT)
Sorry, I didn't have to buy my job to get hired more than 14 years ago. But I understand, living in mom and dad's trailer, times were tough, and all those "special favors;) " you did to to earn money and buy your job at Southwest. Now it looks when you get your furlough you can go apply to volaris. Comprende?:laugh:
 
Guys those payouts to the employees was in the form of stock for the merger. 75,000 employees got stock. That the 900 million.
91 million for fuel hedging related expenses, and a bucket load of merger related expenses.

These numbers suck. But it has been known for months that they would.
Q1 09 will be bad too, but with good reason. DAL is still forecasting a 1 billion dollar profit for 2009.
 

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