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Businessweek: How Delta Climbed out of Bankruptcy

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A CEO that actually earns his pay!!?!??!?!?!

Quick! Someone call Ripley's!
 
Nice article-

Reminds me of all the great stuff I read about DAL right after 9-11. They had more unrestricted cash than any airline. DAL had just made $1 billion profit a year or two prior, and there was virtually no chance of bankruptcy. In fact a couple of business writers stated that every other majpr would go out of business before DAL could go bankrupt. Well, we tend to forget how easily things went up in smoke.

Mullin was a great example of overconfidence and belief in invulnerability. But he and his crowd managed to "synergize" the place straight into the ground.

DAL is not well-run. This is simply a fact.......Any fool can see that INTL is very cyclical, and we are not on the cusp of a good cycle.

-In all honestly, I hope good things happen, but I just don't see how that is going to happen with Steenland and Anderson putting all their eggs in that crazy INTL basket. Let's hope Africa is somehow the gold mine these morons are convinced it is.

-Good luck-DAL will need it.

Not everything is in the international basket. But they would like you to see it that way. Think head fake.
 
Not everything is in the international basket. But they would like you to see it that way. Think head fake.

If international is a "head fake" you had better hope (if you plan on making money....which is apparently optional at Delta) that you don't go head to head with Air Tran or Southwest. If that's the case, I'm sure Delta's losses this year will blow away last years.

Perhaps another airline within an airline is the fix.
 
Hi!

Actually, DAL, and the rest of the world, IS on the cusp of an upward economic trend. Feb/Mar was the bottom, and Mar/Apr things are starting to improve in a wide variety of disparate industries.

Africa is a brilliant move. I am now based in NBO, and business is, and has been, better than the US. Virtually ALL the air carriers here are having a very hard time finding pilots, and they all are short.

The airport is full-to-bursting at the seams with cargo and PAX.

Kenya Airways is EVERYWHERE, and there are tons of foreign carriers flying in from Europe and Asia, and most of them, and most of the cargo planes, are VERY BIG.

There are NO American carriers now flying in to NBO.

cliff
NBO
 
Point is that DAL is not just the biggest international carrier, but also the biggest domestic carrier.
We are number one everywhere except South America. AMR has that one by a long shot.
We have the feed to fill the lift. This AF/KLM/DL agreement will further our profits and presence. DAL is doing things a lot differently than other have. Not saying we will not make mistakes, just saying it is coming from a different book.
 
Hi!

Actually, DAL, and the rest of the world, IS on the cusp of an upward economic trend. Feb/Mar was the bottom, and Mar/Apr things are starting to improve in a wide variety of disparate industries.

Africa is a brilliant move. I am now based in NBO, and business is, and has been, better than the US. Virtually ALL the air carriers here are having a very hard time finding pilots, and they all are short.

The airport is full-to-bursting at the seams with cargo and PAX.

Kenya Airways is EVERYWHERE, and there are tons of foreign carriers flying in from Europe and Asia, and most of them, and most of the cargo planes, are VERY BIG.

There are NO American carriers now flying in to NBO.

cliff
NBO

We will be flying to Nairobi via Dakar very soon.... I saw 48 hour layovers there too, which could give enough time for a nice short safari. (hey, it's better than Dayton)


Bye Bye--General Lee
 

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