Dal Still Losing Money

[Wiskey Driver]

WOW!!!! Hey 737Pylt, for all your bashing of us USAirways/AWA drivers, the constant posting of our winter troubles on the eastcoast and our meltdown during the res system transfer. All that and we still made a profit while DAL is not paying their bills and you're STILL LOSING MONEY.

That's a real crack operation you boys are runnin down south:laugh: Don't worry you get'em in the second QT right??:laugh:

NEW YORK, April 23 (Reuters) - Bankrupt Delta Air Lines Inc. (DALRQ.PK: which expects to exit Chapter 11 within days, posted a narrower first-quarter loss on Monday on higher fares and lower costs.
The No. 3 U.S. airline, which aims to emerge from bankruptcy by the end of this month and list new shares in early May, reported a loss of $130 million compared with a loss of $2.1 billion in the year-ago quarter. Results in both periods were burdened by restructuring expenses. Excluding costs related to the carrier's reorganization and other special items, Delta said it lost $6 million, compared with a loss of $356 million in the first quarter of 2006.

if(!CMSB_ID){var CMSB_ID=""} CMSB_ID+="042307_MIDART_editorschoice,";document.write('');


Operating revenues rose 8.7 percent to $2.8 billion, boosted by higher fares and increased capacity.
Delta is exiting bankruptcy amid signs of softening demand for domestic U.S. air travel. A slowdown in air travel could threaten the long-suffering industry's nascent recovery.
Last week, Continental Airlines Inc. warned that it expects yields -- a measure of average ticket prices -- to decline this quarter, while Southwest Airlines Co. (LUV.N: said it expected second-quarter unit revenue to be down from the previous year. But Delta is optimistic it can continue its improvement once it exits Chapter 11. Continued...

 

[terryhfly]

Talk about carrying a grudge!!! Dude

 

[StopNTSing]

Look, the merger fell through. Get over it and go your separate ways. Ditto for you DAL boys.

 

[BID]

155 million operating profit.

 

[General Lee]

We are getting stronger, and coming after YOU

Delta Air Lines Reports $155 Million Operating Profit for March 2007 Quarter
Monday April 23, 8:00 am ET
ATLANTA, April 23, 2007 (PRIME NEWSWIRE) -- Delta Air Lines (Other OTC:DALRQ.PK - News) today reported results for the quarter ended March 31, 2007. Key points include: * Delta's operating profit for the March 2007 quarter was $155 million, the company's fourth consecutive quarterly operating profit. * Delta's first quarter net loss was $130 million. Excluding reorganization items, the net loss was $6 million. 1,2 * On April 16, 2007, Delta announced its creditors overwhelmingly support the company's plan of reorganization, with more than 95 percent of ballots cast in favor of the plan. * As of March 31, 2007, Delta had $4.0 billion in cash, cash equivalents and short-term investments, of which $2.9 billion was unrestricted.

Delta reported a net loss of $130 million in the first quarter of 2007, compared to a net loss of $2.1 billion in the first quarter of 2006. Excluding the reorganization and special items described below, the net loss was $6 million in the first quarter of 2007, a $350 million improvement compared to the net loss of $356 million in the first quarter of 2006. For the March 2007 quarter, Delta's operating income was $155 million and its operating margin was 3.7 percent -- an improvement of more than 8 points over the prior year period, excluding special items.

``The past 18 months have been challenging times and Delta people rose to that challenge. As these results show, much more has been done than improving our financial structure. Delta has fundamentally transformed into a thriving industry leader,'' said Gerald Grinstein, Delta's chief executive officer. ``We are stronger -- financially, operationally, and in spirit -- and Delta is ready to return to its traditional leadership position in this highly competitive industry.''


Financial Performance

Strong passenger demand, combined with Delta's network restructuring and revenue management initiatives, drove improvements in the company's revenue performance, with revenue strength seen in all geographic markets. Delta's total international passenger unit revenue (PRASM) grew 6.4 percent year over year excluding special items, with the Latin and trans-Atlantic markets each seeing greater than 5 percent PRASM improvement on 32 and 22 percent capacity increases, respectively. Domestic markets also showed solid PRASM performance, with domestic PRASM up 6.3 percent excluding special items on 5.4 percent lower capacity. With the change in mix of domestic and international flying, Delta's consolidated PRASM increased 4.5 percent in the March 2007 quarter compared to the same period in 2006, excluding special items.
Delta's length of haul adjusted PRASM increased 6.1 percent for the first quarter 2007 versus first quarter 2006. This increase was 4 points higher than the industry average PRASM (excluding Delta) increase of 2.1% over the same period.

Additionally, Delta continued to generate cost reductions from its restructuring. For the March 2007 quarter, Delta's operating expenses decreased 2.3 percent, or $94 million, despite a 2.0 percent increase in capacity, compared to the March 2006 quarter, excluding special items. For the same period, non-operating expenses decreased 20.3 percent, or $41 million, due to lower interest expense from lower debt levels and mark-to-market gains on fuel hedges. Delta's mainline unit costs in the first quarter of 2007 decreased by 6.3 percent compared to the first quarter of 2006, excluding special items. Excluding fuel(3) and special items, mainline unit costs decreased 8.7 percent over the prior year period.
Delta's March quarter 2006 results included $1.7 billion in non-cash charges for reorganization and special items. Including those items, March 2007 quarter PRASM increased 7.1 percent, operating expenses decreased 5.1 percent (or $215 million), and mainline unit costs decreased 9.8 percent, as compared to the March 2006 quarter.

At March 31, 2007, Delta had $4.0 billion in cash, cash equivalents and short-term investments, of which $2.9 billion was unrestricted. During the March 2007 quarter, Delta generated $461 million in free cash flow, after a $50 million contribution to its defined benefit pension plan and more than $150 million in capital expenditures to reinvest in its business.
``Our financial performance this quarter -- both operating margin improvement and liquidity -- exceeded expectations under our plan,'' said Edward H. Bastian, Delta's executive vice president and chief financial officer. ``As we emerge from bankruptcy, we are well positioned to build on the momentum of our restructuring with best-in-class costs, improving revenue performance, a strong balance sheet, and the premiere workforce in the industry.''

Operational Performance

In the March 2007 quarter, despite severe weather in the Northeast, Delta employees worked together to deliver a DOT on time arrival rate of 78.1 percent and completion factor of 98.0 percent for the quarter. Delta employees earned Shared Reward payments in the quarter in recognition of the strong performance in on time arrival rate and completion factor, as well as customer satisfaction.



Bye Bye--General Lee

 

[Wiskey Driver]

Talk about carrying a grudge!!! Dude

TerryH,

How have you been, haven't seen you in a while.

You really have to see and understand the irony of this thing. 737 and I go back a ways and the teasing between us now is sort of mandatory. He scans the news wire day in and day out looking for bad press on USAirways and when he finds it, we're hit. Now I do the same but keep in mind that it's just teasing. We all do the same exact job just in different colors...

WD.

 

[Wiskey Driver]

Look, the merger fell through. Get over it and go your separate ways. Ditto for you DAL boys.

It's all in good fun bro, that's why you see no real insults or name calling


WD.

 

[Wiskey Driver]

Delta Air Lines Reports $
Delta reported a net loss of $130 million in the first quarter of 2007, compared to a net loss of $2.1 billion in the first quarter of 2006. Excluding the reorganization and special items described below, the net loss was $6 million in the first quarter of 2007, a $350 million improvement compared to the net loss of $356 million in the first quarter of 2006. For the March 2007 quarter, Delta's operating income was $155 million and its operating margin was 3.7 percent -- an improvement of more than 8 points over the prior year period, excluding special items.

Getting stronger huh?? You drinking milk too:laugh:

WD.

 

[General Lee]

Yes???

Delta Air Lines Reports $
Delta reported a net loss of $130 million in the first quarter of 2007, compared to a net loss of $2.1 billion in the first quarter of 2006. Excluding the reorganization and special items described below, the net loss was $6 million in the first quarter of 2007, a $350 million improvement compared to the net loss of $356 million in the first quarter of 2006. For the March 2007 quarter, Delta's operating income was $155 million and its operating margin was 3.7 percent -- an improvement of more than 8 points over the prior year period, excluding special items.

Getting stronger huh?? You drinking milk too:laugh:

WD.

At March 31, 2007, Delta had $4.0 billion in cash, cash equivalents and short-term investments, of which $2.9 billion was unrestricted. During the March 2007 quarter, Delta generated $461 million in free cash flow, after a $50 million contribution to its defined benefit pension plan and more than $150 million in capital expenditures to reinvest in its business.
``Our financial performance this quarter -- both operating margin improvement and liquidity -- exceeded expectations under our plan,'' said Edward H. Bastian, Delta's executive vice president and chief financial officer. ``As we emerge from bankruptcy, we are well positioned to build on the momentum of our restructuring with best-in-class costs, improving revenue performance, a strong balance sheet, and the premiere workforce in the industry.''


We are coming to get you! You better run!

Bye Bye--General Lee

 

[Wiskey Driver]

At March 31, 2007, Delta had $4.0 billion in cash, cash equivalents and short-term investments, of which $2.9 billion was unrestricted. During the March 2007 quarter, Delta generated $461 million in free cash flow, after a $50 million contribution to its defined benefit pension plan and more than $150 million in capital expenditures to reinvest in its business.
``Our financial performance this quarter -- both operating margin improvement and liquidity -- exceeded expectations under our plan,'' said Edward H. Bastian, Delta's executive vice president and chief financial officer. ``As we emerge from bankruptcy, we are well positioned to build on the momentum of our restructuring with best-in-class costs, improving revenue performance, a strong balance sheet, and the

( premiere workforce in the industry.'' ) Yeah because you line up with mgt and sing kumbayah! This action is sure to come back a new contract time as mgt will be looking for you to sing in harmony with them once again....


We are coming to get you! You better run!

Bye Bye--General Lee

Ya killing me Gen you are absolutly killing me...

WD

 

[General Lee]

Ya killing me Gen you are absolutly killing me...

WD

Let's take a look at your workforce. What a hodgepodge of pi$$ed off old people. That seniority merge sure will be fun, and I am sooo glad we aren't a part of that. And, you are led by a drunk. But other than that, I am sure it is great working there.

Watch out now, we are getting bigger and stronger, and we will come after you guys with a vengence. Have a great day.


Bye Bye--General Lee

 

[Noserider76]

My recommendation is that we refrain from categorizing an entire group based on the posts of a few here on the internet. All airlines are staffed 99% great people and we have a lot in common. The bashing here is getting really old. You can chaulk it up to entertainment but it's gone way beyond that here.

 

[Hvy]

WOW!!!! Hey 737Pylt, for all your bashing of us USAirways/AWA drivers, the constant posting of our winter troubles on the eastcoast and our meltdown during the res system transfer. All that and we still made a profit while DAL is not paying their bills and you're STILL LOSING MONEY.

That's a real crack operation you boys are runnin down south:laugh: Don't worry you get'em in the second QT right??:laugh:

NEW YORK, April 23 (Reuters) - Bankrupt Delta Air Lines Inc. (DALRQ.PK: which expects to exit Chapter 11 within days, posted a narrower first-quarter loss on Monday on higher fares and lower costs.
The No. 3 U.S. airline, which aims to emerge from bankruptcy by the end of this month and list new shares in early May, reported a loss of $130 million compared with a loss of $2.1 billion in the year-ago quarter. Results in both periods were burdened by restructuring expenses. Excluding costs related to the carrier's reorganization and other special items, Delta said it lost $6 million, compared with a loss of $356 million in the first quarter of 2006.

if(!CMSB_ID){var CMSB_ID=""} CMSB_ID+="042307_MIDART_editorschoice,";document.write('');


Operating revenues rose 8.7 percent to $2.8 billion, boosted by higher fares and increased capacity.
Delta is exiting bankruptcy amid signs of softening demand for domestic U.S. air travel. A slowdown in air travel could threaten the long-suffering industry's nascent recovery.
Last week, Continental Airlines Inc. warned that it expects yields -- a measure of average ticket prices -- to decline this quarter, while Southwest Airlines Co. (LUV.N: said it expected second-quarter unit revenue to be down from the previous year. But Delta is optimistic it can continue its improvement once it exits Chapter 11. Continued...

Why do grown men act like 6th graders?

 

[CA Calypso]

"And, you are led by a drunk. But other than that, I am sure it is great working there.

Watch out now, we are getting bigger and stronger, and we will come after you guys with a vengence. Have a great day."

Grow up General - you are pathetic! You sound like your entire identity and self worth is wrapped up in the entity known as Delta.

 

[FlyBoeingJets]

For the March 2007 quarter, Delta's operating expenses decreased 2.3 percent, or $94 million, despite a 2.0 percent increase in capacity, compared to the March 2006 quarter, excluding special items.

For the same period, non-operating expenses decreased 20.3 percent, or $41 million, due to lower interest expense from lower debt levels and mark-to-market gains on fuel hedges. Delta's mainline unit costs in the first quarter of 2007 decreased by 6.3 percent compared to the first quarter of 2006, excluding special items.

Excluding fuel(3) and special items, mainline unit costs decreased 8.7 percent over the prior year period.

Bye Bye--General Lee

Looks like most of the gain was due to lower debt and fuel hedges. Some benefit from growth too.

Good work. You are slowly coming around to SWA's way of doing business.

I'm going to start the rumor now. SWA and Delta in a merger with very tall fences.

(so the general won't have to go back to Lubbock)

 

[JetFumes]

Let's take a look at your workforce. What a hodgepodge of pi$$ed off old people. That seniority merge sure will be fun, and I am sooo glad we aren't a part of that. And, you are led by a drunk. But other than that, I am sure it is great working there.

Watch out now, we are getting bigger and stronger, and we will come after you guys with a vengence. Have a great day.


Bye Bye--General Lee

AAHH yes! Better living thru bankruptcy. Now you can afford to ask for wage increases, start costly fare wars, and rack up debt buying new planes. Ain't life grand.

 

[densoo]

Each pilot got a year's salary in bankruptcy. Not bad.

 

[g-code]

Come on guys, this is the airline industry, not the NFL.

 

[pgcfii2002]

Why do grown men act like 6th graders?

Because they are airline pilots, that's why!!!

 

[General Lee]

"And, you are led by a drunk. But other than that, I am sure it is great working there.

Watch out now, we are getting bigger and stronger, and we will come after you guys with a vengence. Have a great day."

Grow up General - you are pathetic! You sound like your entire identity and self worth is wrapped up in the entity known as Delta.

Hey, it's all true. And, I have a life outside of Delta, it is called Flightinfo. I love it here. Please put me on ignore. Thanks.


Bye Bye--General Lee`

 

[General Lee]

AAHH yes! Better living thru bankruptcy. Now you can afford to ask for wage increases, start costly fare wars, and rack up debt buying new planes. Ain't life grand.

That sounds like what could happen all over again. It may happen to you guys too. Hey, it did get rid of 2300 senior captains who ejected early for their pensions. Think what would have happened if they had stayed around and age 65 happened. No movement for years. Now we will grow with expansion and I will get my 787 captain slot sooner.


Bye Bye--General Lee

 

[CA Calypso]

Hey, it's all true. And, I have a life outside of Delta, it is called Flightinfo. I love it here. Please put me on ignore. Thanks.


Bye Bye--General Lee`

General,

I will not give you the pleasure of putting you on my ignore list. You spew inaccurate info while personally insulting others. Someone needs to call you on it. If you can't handle the debate then hide and put me on your ignore list.

Have a nice day...

 

[General Lee]

General,

I will not give you the pleasure of putting you on my ignore list. You spew inaccurate info while personally insulting others. Someone needs to call you on it. If you can't handle the debate then hide and put me on your ignore list.

Have a nice day...

Huh? I have fun doing this. And I spew inaccurate info? About SWA? Riiiight. I guess you guys are the only ones who know your schedules, and none of us have SWA friends that tell us? And personally insulting others? Well, only after they say something ridiculous. But, I do not cuss anyone out, and only make them think about what they have typed. If they can't handle the truth, then sobeit. Think before you type is the motto everyone should follow. I do. And, I really can handle the debate, especially with you. Enjoy LBB.

Bye Bye--General Lee

 

[acarpe3448]

Why do grown men act like 6th graders?

I have been asking that question for years. It never changes! No matter what! I think on 9-11 someone was bashing the hijackers for training at Riddle! I have never seen any group of adults anywhere who argue mopre than the pilots on good old flightinfo!

 

[General Lee]

I have been asking that question for years. It never changes! No matter what! I think on 9-11 someone was bashing the hijackers for training at Riddle! I have never seen any group of adults anywhere who argue mopre than the pilots on good old flightinfo!

You have to remember that this board is one part info sharing, one part rumors, and one part entertainment. That is it. If people are offended, then they should go to Airliners.net.


Bye Bye--General Lee

 

[Dan Roman]

My recommendation is that we refrain from categorizing an entire group based on the posts of a few here on the internet. All airlines are staffed 99% great people and we have a lot in common. The bashing here is getting really old. You can chaulk it up to entertainment but it's gone way beyond that here.

OK I'll try this after a couple of glass's of wine, Noserider you nailed it. That fact is I've met a lot of good people from a lot of different airlines, you also can't judge someone by their internet posts, someone can seem like a total tool from their web posts and then you meet him/her and they are a different person from who you thought.
I live in Hawaii and am pretty removed from the whole mainland airline scene, but it seems to me that Delta has gone through some pretty tough times but looks like they are pretty well poised for the future, they certainly are just as well off as anybody else out there. From what I've read, it looks like they are coming out of BK in very good shape.
The challenge to all of us at every succesful airline is to stop the flow of money from the working people's pocket into a handful of upper management's pocket. The pendulam (sp?) has gone way to far towards the pockets of a few at the expense of many.

 

[doh]

At March 31, 2007, Delta had $4.0 billion in cash, cash equivalents and short-term investments, of which $2.9 billion was unrestricted. During the March 2007 quarter, Delta generated $461 million in free cash flow, after a $50 million contribution to its defined benefit pension plan and more than $150 million in capital expenditures to reinvest in its business.
``Our financial performance this quarter -- both operating margin improvement and liquidity -- exceeded expectations under our plan,'' said Edward H. Bastian, Delta's executive vice president and chief financial officer. ``As we emerge from bankruptcy, we are well positioned to build on the momentum of our restructuring with best-in-class costs, improving revenue performance, a strong balance sheet, and the premiere workforce in the industry.''


We are coming to get you! You better run!

Bye Bye--General Lee

I've been commercialing a lot on Delta lately. More likely you mean you are coming to get us paying folks! It's been kind of nightmarish General.

 

[CA Calypso]

Huh? I have fun doing this. And I spew inaccurate info? About SWA? Riiiight. I guess you guys are the only ones who know your schedules, and none of us have SWA friends that tell us? And personally insulting others? Well, only after they say something ridiculous. But, I do not cuss anyone out, and only make them think about what they have typed. If they can't handle the truth, then sobeit. Think before you type is the motto everyone should follow. I do. And, I really can handle the debate, especially with you. Enjoy LBB.

Bye Bye--General Lee

Yes general, you do spew inaccurate info - especially about SWA. It makes me wonder how much of your Delta info is truly an accurate picture of how things are there. I imagine that you embellish quite a bit. I'm sure the vast majority of Delta pilots do St. Thomas turns. Sure...

You don't see many SWA guys on here talking about their Delta buddies and making inferences as to their schedule or quality of life. It's you who keeps harping on six legs a day....etc. I'm glad you and your fellow Delta pilots have many choices.

Just maybe, most SWA pilots are happy with their type of flying and job security. They don't need to be repeatedly told by you that it's ok "if that's the type of flying you want."

By the way, I have never been to LBB or AMA or CRP or HRL or MAF. I must admit though that I have been to DAL, HOU, SAT, AUS, and ELP.