Dal Int'l Comes Home To Roost

[Poahi]

I wonder how this will affect CAL? I remember an article a couple of years ago in the WSJ.

A sinking tide lowers all ships. This places even more pressure for the merger.

 

[Dieterly]

General Lee,

Remember when you used to bragg about DL's fuel hedges (around 03-04 I think)? What ever happend to those hedges?

 

[Noserider76]

I tried to warn everyone.

History is repeating itself..... These goombahs did exactly the same thing with the Pan Am routes in the early 90s-and it durn near bankrupted them back then. That economic cycle was a mere bump-in-the-road compared to the current canyon.

Oh well-maybe this time they really are too big to liquidate.
-Let's hope-for your sake, Gen....

-What would that guy do if he could not be the village ass-clown?

The US domestic will be worse than international. It may recover earlier but looks like it will be worse in the meantime. DL has a lot of flexibility to move aircraft at this point.

 

[General Lee]

CO and UAL are very quietly pulling down the overlapping flying. That's why it will take several months before the merger re-appears.

Then fantastic, they will be a great competitor. We will look at Alaska or Jetblue to maybe add to our own gaps, and there will be 3 or 4 major carriers in the US, with a couple LCCs, and that will be it. Can't wait. Hopefully RJs will go away, and we'll only have Dash-8-400s flying around to smaller cities. I will then pilot a Space Shuttle, with hourly Moon service and a six day trip to Mars. We may fly charters to Saturn, and you know we will have nonstop service to Uranus. I will avoid that at all costs.....but I hear CRJ567 loves that one.


Bye Bye--General Lee

 

[General Lee]

General Lee,

Remember when you used to bragg about DL's fuel hedges (around 03-04 I think)? What ever happend to those hedges?

Well, we still have some, and at high numbers. I think something like 40% of Q3 at over $100 a barrel, and something like 32% for Q4, with 14% for Q1 in 2009. But, the rest is at current market price, which has taken a nose dive. Hopefully we will take advantage of some of the current prices for the rest of 2009. Thanks for caring......

Bye Bye--General Lee

 

[PeanuckleCRJ]

If they were smart, they would hedge everything for the next few years at 40ish dollars a barrel.

 

[~~~^~~~]

nevermind