DAL lost 2.2 bil

[goahead]

http://biz.yahoo.com/pz/060809/103570.html

How in the hell is this possible.....

 

[Sinca3]

Actually they turned their first profit in 6 years, $179 million after restructuring (legal) cost. Funny that is the same amount Northwest Airlines turned as a profit announced yesterday!

 

[pgcfii2002]

They will write it off.....and the taxpayers will pick up the bill.

 

[wmuflyguy]

http://biz.yahoo.com/pz/060809/103570.html

How in the hell is this possible.....

Cause the management sucks at running an airline. They are pretty good at ruining one though.

 

[Pat Fabin]

Actually if you do any sort of reading you'll see that it is actually a pretty positive indication of a turnaround. $2.1B of that 'loss' is our pilot claim from the concessionary contract. Its actually a roughly $400million improvement over last quarter.

Anyway, there is still a lot to overcome but I think we're on the right track.

And that taxpayer comment made absolutely no sense. If it was a PBGC comment, the taxpayer doesn't pay for the PBGC.

-PF