Delta Had A Great Quarter

[acarpe3448]

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!

 

[vixin]

Amazing what can be done when you dont pay your bills, employees and pensions promissed. I wouldnt say the hedge advantage is over. Just think of the lean machine SWA would be if it to declared BK. You forget thats how Delta got its savings? By screwing its share holders, vendors and employees. Way to go! Congrats on working so hard for those profits. I wonder what managements piece of that will be? I know GL you got a few bucks added to your 401k, I am going to LBB and flying 8 legs to get their and all I will ever fly is a 737.

 

[Pat Fabin]

All true, but I'm happy that we are making profits....because that means they don't need to make a stop at the labor ATM.

So far we're on track for a modest raise for next year and I'll take every penny we can squeeze out of DAL, and profits will enable us to do that.

An Acarpe, congrats on passing the SV... its all downhill from there!

 

[regionalcap]

The latest press release is showing finishing the year with a 6 to 7 percent margin. This would only give us the minimum raise of 1.5%. Do you agree?

 

[FlyAuburn]

Good for you guys. I just read this somewhere else. What do you think?

ATLANTA (AP) -- The chief executive of Delta Air Lines Inc. said Tuesday that the carrier wants to be the "undisputed leader" in the industry and that a deal with another airline may be in its best interest.
"We are evaluating the best path forward for Delta," CEO Richard Anderson said during a conference call with analysts after the airline released third-quarter results.

 

[WDE]

Good for Delta,and on a side note WAR DAMN EAGLE !

 

[Wicked-Picket]

Let the Kool-Aide flow. See how Mother Delta treats you when the MERGER happens. Better yet, wait and see how your fellow pilots treat you!
After too many years at DAL, I can tell you this, - I would rather have been a chock at SWA, than a 777 Capt. at DAL. Good Luck in your career, son.

 

[Green]

The latest press release is showing finishing the year with a 6 to 7 percent margin. This would only give us the minimum raise of 1.5%. Do you agree?

Do you guys get profit sharing? That would be a pretty handsome bonus off a Billion in profits. 1.5% sounds a little meager, what is that like $100/month? Congrats on the good quarter. Thank your lucky stars you didn't get gobbled up by the Us Airways juggernaut....!

 

[RedDogC130]

All true, but I'm happy that we are making profits....because that means they don't need to make a stop at the labor ATM.
!

Last time I checked they are at the ATM. Every day that goes by is money they are taking from you. If you did not give consessions the money would be in your pocket not theirs. So they are at the ATM until you get back what you had...don't kid yourself.

 

[Kharma Police]

congratulations, well done!

 

[Noserider76]

Last time I checked they are at the ATM. Every day that goes by is money they are taking from you. If you did not give consessions the money would be in your pocket not theirs. So they are at the ATM until you get back what you had...don't kid yourself.

We may not of had to give concessions if there weren't companies out there with only a 401k for retirement, signing 10 year contracts, making much less on the same equipment, and undercutting our pricing at every opportunity.

How about you guys set the bar higher than DL had before concessions and we leverage that for a change?

 

[RedDogC130]

We may not of had to give concessions if there weren't companies out there with only a 401k for retirement, signing 10 year contracts, making much less on the same equipment, and undercutting our pricing at every opportunity.

How about you guys set the bar higher than DL had before concessions and we leverage that for a change?

You took consessions because you were losing money plain and simple. That is what caused the bankrupcy. Your consessions are what is making the company money right now. Look at what it would take per quarter to get you and all the other work groups...this is not just a pilot thing..back to where you were and now look at your earnings....I bet they are nil. Don't blame this on our pilot group....we did not lower the bar you did....You had the choice to at least match what this group made...but you went below.

 

[PuffDriver]

You took consessions because you were losing money plain and simple. That is what caused the bankrupcy. Your consessions are what is making the company money right now. Look at what it would take per quarter to get you and all the other work groups...this is not just a pilot thing..back to where you were and now look at your earnings....I bet they are nil. Don't blame this on our pilot group....we did not lower the bar you did....You had the choice to at least match what this group made...but you went below.

Please. You are making yourself look the fool. We took concessions because there was a gun to our head. I made more last year than a SWA 12 year captain. I will make more this year than a SWA 12 year captain. I will make more next year than a SWA 12 year captain. This as an MD 88 captain. It is what it is. The honeymoon is ending at SWA. Oil is becoming a real factor, and the junior groups are starting to want theirs. Hanging on the bar is not going to work much longer at SWA.

 

[Noserider76]

You took consessions because you were losing money plain and simple. That is what caused the bankrupcy. Your consessions are what is making the company money right now. Look at what it would take per quarter to get you and all the other work groups...this is not just a pilot thing..back to where you were and now look at your earnings....I bet they are nil. Don't blame this on our pilot group....we did not lower the bar you did....You had the choice to at least match what this group made...but you went below.

Sure we had poor management that was slow to react to changes in the industry, but the low cost carriers expanded like a rabbit colony on spring break after the legacies pulled back capacity after 911.

The situation is similar to GM/Ford vs Toyota. Older established companies with fixed benefits and higher cost structures now compete against newer companies with employees who work for much less total compensation. The bankrupcies realigned old legacy carriers with the new, unfortunate, industry reality.

I agree with you 100% that we could have just brought our wages down to your level. I wish it had been the case. The problem with that though, was our management realized that you work for a smarter company and would have still had a large cost advantage.

My buds who work there can't wait until the majors regain what they lost because they don't like sticking out as a high cost item. Well, those of us at DL and UA stuck out as a high cost item for quite a while.

All I said was, why don't you guys, working for a finacially sound company, take the bar to preconcession DL/UA compensation and let us ride your coat tails for a change? Are you worried that your company will lose it's competitive advantage?

 

[DrewBlows]

Please. You are making yourself look the fool. We took concessions because there was a gun to our head. I made more last year than a SWA 12 year captain. I will make more this year than a SWA 12 year captain. I will make more next year than a SWA 12 year captain. This as an MD 88 captain. It is what it is. The honeymoon is ending at SWA. Oil is becoming a real factor, and the junior groups are starting to want theirs. Hanging on the bar is not going to work much longer at SWA.

Do you know something I don't?

SWA 12 Capt 198
DAL 12 MD88 Capt 140

DAL 12 777 Capt 188

 

[Tomct]

Do you know something I don't?

SWA 12 Capt 198
DAL 12 MD88 Capt 140

DAL 12 777 Capt 188

Yeah...I think he has had 1 to many "midnight skies" enroute!

 

[RedDogC130]

Please. You are making yourself look the fool. We took concessions because there was a gun to our head. I made more last year than a SWA 12 year captain. I will make more this year than a SWA 12 year captain. I will make more next year than a SWA 12 year captain. This as an MD 88 captain. It is what it is. The honeymoon is ending at SWA. Oil is becoming a real factor, and the junior groups are starting to want theirs. Hanging on the bar is not going to work much longer at SWA.

Back up what you say. How much per hour do you get paid as a max MD-88 Captain? Have the guts to come clean.

I do realize this is me vs you or us verus them....the fact that there is competition in this industry is a fact. We all can all hope for the best for the other team. Then we lose. There is not enough room on the field for everyone....someone will lose. I just hope it is not my team...if it is yours sorry for your
luck.

 

[Tejas-Jet]

This with record oil prices! Is the LCC SWA fuel hedge advantage over?

Actually, the fuel hedges at SWA are never over. GK says that the hedges are constantly being worked and re-worked...and still working on more hedging deals.

Far as I know, the Fuel purchase office is still manned. They don't just sit around all day and play computer games.

 

[Pat Fabin]

I really enjoy being reminded that I took concessions. Especially by people that haven't had that misfortune in their careers yet. I was furloughed for 3 years too...need to remind me about that?

Fact is, we took concessions and at this point it is up to management to drive and make use of the savings. So far they seem to be doing a good job. It'd be a far bleaker picture right now if we were still losing money after giving so much.

We have had generally top-tier contracts and I look forward to the day when we can negotiate another one.

 

[FlyingSig]

I really enjoy being reminded that I took concessions. Especially by people that haven't had that misfortune in their careers yet. I was furloughed for 3 years too...need to remind me about that?

Fact is, we took concessions and at this point it is up to management to drive and make use of the savings. So far they seem to be doing a good job. It'd be a far bleaker picture right now if we were still losing money after giving so much.

We have had generally top-tier contracts and I look forward to the day when we can negotiate another one.

What he said....