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I heard a rumor Delta Air Lines is getting ready to do some hiring in January 2010. Anyone knows if this is true?
Any info is greatly appreciated. Thanks.
Why would DAL hire? They are a massively sick cow at the moment. Saddled by $44 billion in debt and billions in losses. That is simply not a sustainable way to run a business. Unless the economy turns in a massive way, DAL will need to furlough to run a proper business. Not saying I agree with furloughs, I don't. But running a business is common-sense.
Thus far, the merger is a failure. Except for execs, all stakeholders lost money. Now perhaps they'll turn this situation around and it will prove to be a success. Time will tell. But considering the stock went down on the merger announcement and never recovered, coupled with the fact that they've done nothing but lose money ever since, I would call that a poor transaction.
I'm sure DAL pilots looking through rose-colored glasses will disagree. And why wouldn't they? They understandably want (read: need) this to work.
On the other hand, if the economy takes off from here like a rocket, which I doubt, then of course all airlines will expand and hire... DAL included.
Sick Cow??
Dont worry, your merger is next.
Yah, no doubt ours is next. And of course I know it won't be pretty. In fact, I think it will be an all-out war on the SLI front. But until the merger is announced, I'm not going to lose any sleep over it.
Don't take it so personally. Just follow the financial data. If you were an investor in DAL, would you be happy right now? One cannot ignore their massive debt burden. They will likely renegotiate most of it on terms but the debt still remains.
Anderson makes $13.2 million on the deal, everyone else is left holding the bag wondering whether this global behemoth is going to work.
Yeah, financially DAL is a sick cow. So are most airlines in the US but DAL, by far, has the highest financial hurdles in front of them. I'm not saying I think they will fail. Not by a longshot. I just think the transaction (merger), THUS FAR, is proving to be a poor decision. But time will tell. Hopefully, for your sake and that of all my DAL buddies, the deal willl work.
Don't shoot the messenger. The financial data is publicly available info.
So are most airlines in the US but DAL, by far, has the highest financial hurdles in front of them.