Delta 3rd Quarter profit

[Fubijaakr]

I mean seriously if you are working that hard to hold up this 'bar' of which you speak why did SWAPA lead the drive towards 65?

Naked greed gets my vote. Pretty much the reason they fly lots of OT.

 

[On Your Six]

OYS....


Read the thread title next time before responding!

This is not a Southwest thread....

I answered Waveflyer's question, and you need to be nicer to and respect the trannies.


Godspeed!


OYS

 

[Sacha]

Naked greed gets my vote. Pretty much the reason they fly lots of OT.

Fudgepacker is now regurgitating his Fairbanks chapter of OWS Bs....

In light of his ALPA sense of "Fairplay", he is going to request that Alaska postpone contract openers indefinitely, continue with their crappy Regional Airline pay scale and keep the B-scale forever.

Down with "Naked Greed!".....

Fudgepacker is the 99%.....

 

[nimtz]

Ummm....Gee..I don't know...maybe because the money is so good?

Funny I remember a time when senior capts had such nice retirements to claim that it was foolish to hang around despite that hourly rate being 'so good'! Obviously you never breathed a hint of that at EAL 2 or LUV. But thanks for holding the bar up Capt Grumpy Pants.

 

[Sacha]

Funny I remember a time when senior capts had such nice retirements to claim that it was foolish to hang around despite that hourly rate being 'so good'! Obviously you never breathed a hint of that at EAL 2 or LUV. But thanks for holding the bar up Capt Grumpy Pants.

That's why I can't understand why Fudgepacker isn't going to retire at 60...

Alaska does have a great retirement package.....don't they?

The one thing EAL 1 taught me was the foolishness of placing your retirement funds in the hands of the Company and ALPO...

If SWA goes Bankrupt this morning, my 401k and Profit Sharing are untouchable by the Company and the Bankruptcy Judge....

Unfortunately for you "public schooled" Nanny state boys, 401k's and Profit Sharing accounts do require you to actually take some responsibility as to how it is invested......I know that is a difficult concept for you OWS losers to comprehend....

 

[learherkjay]

This is kind of ironic. They make a record breaking 3rd quarter profit:

The company's third-quarter net income was $549 million or $0.65 per share, up from $363 million or $0.43 per share in the year-ago period.

And the stock is down 5%.

Maybe I'm just too smart for Wall St. I thought this would be a good thing?

Maybe it's because: As of September 30, Delta's adjusted net debt was $14.0 billion. It's going to take successive quarters like this to bring that debt down. Delta said they are still on goal to reduce their overall debt to 10 Billion by 2013. I think Wall St disagrees as they did not meet expectations....

 

[scoreboardII]

Delta has a debt/equity ratio of 18.59

SWA has a debt/equity ratio of 0.59

It would take 24 successive 500mil+ quarters for Delta to get to the financial stability that SWA has. Why do some of you think Delta is doing better? They currently have 14 BILLION dollars of debt, and that's after their posted profit.

 

[On Your Six]

Delta has a debt/equity ratio of 18.59

SWA has a debt/equity ratio of 0.59

It would take 24 successive 500mil+ quarters for Delta to get to the financial stability that SWA has. Why do some of you think Delta is doing better? They currently have 14 BILLION dollars of debt, and that's after their posted profit.

Debt reduction is going very well, and DL is on track (according to the conference call) to get it down to $10 billion by 2013, which will save $500 million per year in interest payments. Last year alone $2 billion was paid down, and $700 million in Q2 alone this year. That's really good. If DL made over $1 billion last year in net profits AND paid down $2 billion in debt, that means this thing is making a lot of money, and $952 million in bag fees helps. After knowing this, do you still think DL isn't doing well? You guys couldn't get a profit in the best quarter of the year.


Godspeed!


OYS

 

[On Your Six]

Maybe it's because: As of September 30, Delta's adjusted net debt was $14.0 billion. It's going to take successive quarters like this to bring that debt down. Delta said they are still on goal to reduce their overall debt to 10 Billion by 2013. I think Wall St disagrees as they did not meet expectations....

Delta made 91 cents in earnings per share, when Wall St expected 93 cents. How did SWA do? If you add the $950 million in just bag fees per year, does that help? Thanks Jim Kramer....


Godspeed!


OYS

 

[learherkjay]

Delta made 91 cents in earnings per share, when Wall St expected 93 cents. How did SWA do? If you add the $950 million in just bag fees per year, does that help? Thanks Jim Kramer....


Godspeed!


OYS

Why do you bring up SWA? I never mentioned anything about SWA in my post - do you have an inferiority complex or something?

My response was in reply to someone who didn't understand why the stock dropped after a record quarter - it was because the company did not meet expected goals. One quarter's profits only tell a fraction of the story....and that's true for any company or airline. To look at an overall health of any airline, you need to read the whole balance sheet, but I am pretty sure you already knew that....and while Delta may state they are on target to reduce to 10 BILLION in debt by 2013 - falling short of expected goals creates dubious minds.

 

[FDJ2]

Why do some of you think Delta is doing better?

Maybe because Delta is posting a profit and SWA is posting a loss in the best quarter of the year.

I hear what you are saying about debt, but Delta is still posting a profit despite paying interest on that debt and Delta is paying down that debt, which will reduce interest payments and increase profits going forward. Meanwhile, despite not having much debt, SWA is losing money and struggling with a merger.

 

[redflyer65]

Does Delta OWN 80% of the entire fleet?

Southwest does..

 

[54fighting]

I don't have a dog in this fight, I just stumbled upon this article on my yahoo homepage a few minutes ago. Thought it had some interesting points. I think it is a bit of a stretch trying to connect the dots though.

Is Delta hiding weakness

 

[FDJ2]

Does Delta OWN 80% of the entire fleet?

Southwest does..

So why isn't SWA posting a 3Q profit like DAL?

 

[redflyer65]

Your focusing on a grain of sand on the beach with one quarter of lower profits for this quarter..its a marathon, not sprint.

Put it against the backdrop of 40yrs of year over year profit and the debit to equity ratio becomes painfully important.

Low debt will always win out in the long run. Disagree?