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I'm afraid I got sucked into this stupid fight, and failed to do what I came to this thread to do:
Congrats Delta!
Puff, you've got some issues man
Your point is not missed. A couple of those quarters saw some "creative accounting", but nonetheless it's a very good financial airline.
What I am saying is that the US is in big trouble from an economic standpoint. The signs are ominous, and looming. You can chastise me all you wish, but sometimes people on these boards need spanked, and it's usually a SW pilot who thinks he is the reason for their success. This quarter, it happened to be their fuel hedgers, whom Delta could probably afford to steal away if we had the brains.
I merely pointed out that despite Delta's ch11, it is quite possible, and proven, that Delta pilots have done very well last, this, and next year; aka the BK years.
What I didn't point out was SWAs lack of any kind of bargaining balls up until this decade, aka "hanging on the bar" while other airlines' pilots carried the water for the profession. Not just Delta, either.
What I also didn't point out was the pointing to consolidation. One need only to look as far as USAir or TWA to find evidence of what a merger can do to an airline, ANY airline.
You need to re-quote your post, Bill. A bunch of airlines, and a bunch of years have taught me all I need to know about this biz. Turn your sermon toward the SW juggernauts. My eye has been on the ball from day 1 here. Haven't spent a cent more than necessary for 11 years now. If Delta goes under, so be it.
No domestic feed? Come on.
71 737's, 121 757's, 24 767's, 120 88/90's, and a buttload of RJ's.
The majority of those aircraft still fly domestically. The biggest threat right now is $90/barrel.
Over $200 million profit
Revenue up like a billion or more
Over a billion profit for the first nine months
Over a Billion in debt paid off!
This with record oil prices! Is the LCC SWA fuel hedge advantage over? It's good to be at Delta! Passed my 767ER systems validation today! Cant wait to fly it!