DAL lost 1.4 billion, Spin it general lee

[ThisistheDream]

I recently heard that DAL wants to increase the block hours on the DC9 by 3 hours a day for the DC9, which at the current rate is only around 4.5 hours per day per aircraft. If that where to happen they would need alot more DC9 pilots to staff that. Also heard around 20 displacements per month for the next few months backwards into the A320 and DC9 from larger equipment.

 

[ACL65PILOT]

This is true. The time is coming from the 757's on both sides.

 

[ThisistheDream]

on a side note when is the DAL equity stock going to be sold and delivered??? The stock took a big dive again today when it was around 12 dollars something a few weeks ago?? today under 8 dollars thats 30 pecent less then we could have had????

 

[ACL65PILOT]

There should be an update soon. There are not a lot of people with the cash to buy that amount of stock out there.

 

[Superpilot92]

hopefully not any time soon!!

 

[bravodude]

I guess that is what it says.


Here is the same people who wrote that article finishing another article dealing with the loss:


Like rivals AMR Corp (AMR.N) and UAL Corp (UAUA.O), which reported losses last week, Delta complained of economic weakness that is eroding travel demand and forcing airlines to cut the number of seats for sale. But Chief Executive Richard Anderson was optimistic.
"Despite the difficult economic environment, we expect to be solidly profitable in 2009, driven by lower fuel costs, capacity discipline, and merger synergies," he said in a statement.
The airline industry was battered in 2008 by high fuel prices and later by economic weakness. Downsizing helped carriers bolster fares while travel budgets and demand shrank.
Delta had an advantage over its peers, however, as its merger with Northwest allowed it to make its operations more efficient.
Delta, which slashed its domestic capacity by 11 percent in the second half of 2008, said it would cut total mainline capacity by another 6 percent to 8 percent in 2009. The reduction will require the removal of 40 to 50 mainline aircraft from its fleet. (RJs or mainline planes? We know 13 742s will probably be parked, but have heard nothing other than RJs for the rest)

"They're definitely taking capacity down probably more than what people thought they would be doing," said Helane Becker, airline analyst at Jesup & Lamont Securities.
Airlines are braced for a particularly tough first quarter, she said, but the outlook improves later in the year.
"We think the second half of the year will be better," she said. "And I think that's the case for Delta."

RESULTS

Delta said its fourth-quarter net loss had widened to $1.4 billion, or $2.11 per share, from $70 million, or 18 cents per share, a year earlier, before the merger.
The results, however, feature one-time items, including a charge of more than $900 million related to broad-based employee equity awards, and a $91 million loss on out-of-period fuel hedges.
Top carriers have reported losses on these hedges as the price of jet fuel plummeted in the second half of 2008.

Excluding one-time items, the company said it had lost $340 million, or 50 cents per share. Although, fuel prices have fallen since July, Delta said its fourth-quarter fuel bill was 69 percent higher than it was a year earlier.

The company reported operating revenue of $6.7 billion, a 43 percent gain over the comparable period. Delta ended the quarter with $6.1 billion in liquidity.

Delta shares fell 4.3 percent to $9.50 in trading before the market opened. (Reporting by Kyle Peterson; Editing by Lisa Von Ahn)




Bye Bye--General Lee

WOW! How did SWA do General? wait whats that is that an operating profit at SWA I hear. You are correct my friend LBB just sucks as an overnight.

 

[bravodude]

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:

I will always think about you on payday sh!tbrick. How many paycuts have you taken, how does it feel to be generals biat$h.

 

[PuffDriver]

I think Delta boys and SWA girls have the biggest egos on here. It's always my airline is better than yours......Get a life people.

Actually, they are at Comair.

 

[PuffDriver]

Yo Poindexter!

Did you get your degree from Joe's Bar and College?

I'm guessing English composition wasn't your strong suit.

You'll get the memo, don't worry.

 

[michael707767]

But they'll say anything.

You better hope Obama is allowed to dump a train load of government money into this economy because if things get too tight, the first luxury people will give up is flying.

You think allowing Obama to dump money is the fix? Tax cuts. That's what got us out of the last recession, the one before that, and the one before that.

More government spending will just dig a deeper hole.