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Delta is going to sell Comair, yeah right!!!!!

  • Thread starter Thread starter N813CA
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RIM JOB FLYER said:
That's right we are and you had better hope that we don't get the chance to walk and give Greenjeans a reason to come back to you guys with his hand out to keep up with YOUR "competition."
You crack me up with these mis informed statements. DAL's costs ARE in line with their competition,
DAL yr 12 cpt=$156/hr
SWA yr 12 cpt=$182/hr
CAL yr 12 cpt=$158/hr
AMR yr 12 cpt=$156/hr

Get ready rim job, your pay cut is next!
737
 
737 Pylt said:
You crack me up with these mis informed statements. DAL's costs ARE in line with their competition,
DAL yr 12 cpt=$156/hr
SWA yr 12 cpt=$182/hr
CAL yr 12 cpt=$158/hr
AMR yr 12 cpt=$156/hr

Get ready rim job, your pay cut is next!
737
Nice try sh!tbird, yes the 737 capt rates you mention are the same, but DALs rates are still 10-15% higher on some of the other equipment and seats.(DAL vs. AMR) Furthermore how do your rates compare to your buds at UAL needledik?

As for what is next for us, don't bet on us bending over like you girls did anytime soon.

AMF
 
Rim ME said:
Nice try sh!tbird, yes the 737 capt rates you mention are the same, but DALs rates are still 10-15% higher on some of the other equipment and seats.(DAL vs. AMR) Furthermore how do your rates compare to your buds at UAL needledik?
Aah, the mindless insults from a wanna be pilot playing with his joystick. UAL took it in the pooper, much like you do every night! I fear they aren't long for this world, much like you.

As for what is next for us, don't bet on us bending over like you girls did anytime soon.

AMF
The only bending over done is your sister for the pro football team!
I look forward to the day I laugh in your pathetic face at all the BS you spew from your nut drainer.
Back at ya AH!
737
 
Ream-boat,


What are the Southwest 777 rates? Did you know that some airlines, mainly LCCs, have primarily one or two plane types? Delta and the other legacy carriers have more than a couple. Some of our rates are higher, but those planes are bigger and carry more passnegers, hence more revenue for the company.

And, you want us to compare our rates to United, a carrier that has been in Chap 11 for a few years now? How are your rates compared to Mesa? I'm waiting.

Also, I have noticed that you use the word "dik" a lot---and being in the Military I think you should abstain, since the "Don't ask, Don't tell" policy is still in affect---and you are telling the world a lot. You are always talking about your "privates" and then this. Sheesh---keep it in the barracks please....


Bye Bye--General Lee
 
General Lee said:
Ream-boat,


What are the Southwest 777 rates? Did you know that some airlines, mainly LCCs, have primarily one or two plane types? Delta and the other legacy carriers have more than a couple. Some of our rates are higher, but those planes are bigger and carry more passnegers, hence more revenue for the company.

And, you want us to compare our rates to United, a carrier that has been in Chap 11 for a few years now? How are your rates compared to Mesa? I'm waiting.

Also, I have noticed that you use the word "dik" a lot---and being in the Military I think you should abstain, since the "Don't ask, Don't tell" policy is still in affect---and you are telling the world a lot. You are always talking about your "privates" and then this. Sheesh---keep it in the barracks please....


Bye Bye--General Lee
Private,

The comparison was drawn between you and AMR not the LCCs smart guy. You would have caught that if you weren't so busy blowing your buddy 737 peealot.

To answer your question though:
5th yr 50 seat jet captain
ASA - 62
Mesa - 59

How is it again that UAL is not your competiton in terms of pay rates?
 
Reambo,


You are getting desperate. United is in Chap 11 protection and a judge is making the decisions. Delta almost got there supposedly, but now has enough cash from us to thrive probably. We will never know because you and I never saw the books.

AMR does pay a little lower, but NW and CO pay about the same. They are our code share partners you know! How does ASA compare to Eagle (owned by AMR) or Mesaba or Pinnacle? It is all moot anyway. I don't know where you are going with this again, but you sound desperate. And, you continue to add gay remarks, like you enjoy that stuff. You really need to keep your "private" business to yourself and your bunk mate. (top or bottom you always ask? --remember, don't ask, don't tell)


Bye Bye--General Lee
 
General Lee said:
Reambo,


You are getting desperate. United is in Chap 11 protection and a judge is making the decisions. Delta almost got there supposedly, but now has enough cash from us to thrive probably. We will never know because you and I never saw the books.
General:
You can't reason with ladies like Rim job! He's busy dreaming of a "BOY Christmas."
He knows it all, just ask him!
737
 
Could we bring a little civillity back to this. I'm having a hard time following the discussion amidst the insults!:confused:
 
I dont' know who xrmeflyer is, but I sure hope he does not fly for ASA. I would not want to call myself a 'brother' pilot to such a person. Almost everyone of your post's have nothing but vile bitternes and insults in them. I hope you are proud of yourself. You act just like a two year old. Everyone on these boards has the right to post thoughts, opinions and suggestions. You seem to revel in the insults. We can agree or disagree on things said here, but you take it to a new low.
 
General Lee said:
Reambo,


You are getting desperate. United is in Chap 11 protection and a judge is making the decisions. Delta almost got there supposedly, but now has enough cash from us to thrive probably. We will never know because you and I never saw the books.

AMR does pay a little lower, but NW and CO pay about the same. They are our code share partners you know! How does ASA compare to Eagle (owned by AMR) or Mesaba or Pinnacle? It is all moot anyway. I don't know where you are going with this again, but you sound desperate. And, you continue to add gay remarks, like you enjoy that stuff. You really need to keep your "private" business to yourself and your bunk mate. (top or bottom you always ask? --remember, don't ask, don't tell)


Bye Bye--General Lee
It's a little early to be making Prognostications about whether or not you will ever know if your great sacrifice was enough.

How does who you code share with have anything to do with who your peers are in terms of wages?

The question of where ASA's rates are compared to the others:
ASA-62 AE-64 Pinnacle-62

You sure are defensive about your "alternative lifestyle."
 
Gawd, I love 'experts'

Sorry to interrupt the love fest here, but this article was in the local fish wrap a few days ago. Excuse me if it has been posted already. Notice how analysts manage to straddle both sides of the fence.

Saturday, December 18, 2004

Analyst views sale of Comair negatively
Its many woes would pull market value down

By James Pilcher
Enquirer staff writer


Just what is Comair worth, anyway?

Would it be enough for Delta Air Lines to pull a trigger on a deal or public offering spinoff that would turn its Erlanger-based subsidiary back into an independently-owned company?

Industry analysts say it's difficult to put a precise figure on Comair's worth.

But they say that on the open market, it would be much less than the $2.3 billion Delta spent for the airline in early 2000.

"They are not very attractive right now, and given the climate surrounding airlines in general and the regional industry, they'd be giving away the product," said Ray Neidl, airline analyst with Calyon Securities.

Earlier this week, Delta executives openly said that the airline did not have to own Comair to get the benefits of a regional carrier, and that they were continually weighing those benefits against Comair's value as an asset.

Analysts have been speculating for several years about the possibility of Delta spinning off Comair to raise cash.

That speculation that came to a crescendo earlier this fall as cash-starved Delta teetered on the verge of bankruptcy.

On Friday, Delta officials declined comment and would not speculate on any potential deals or spinoffs involving any of its subsidiaries, which also include Atlanta-based regional Atlantic Southeast Airlines.

"Delta Connection is a key part of our network and business strategy," Delta spokesman John Kennedy said Friday. "But it's prudent that we continually evaluate how Delta Connection and other subsidiaries fit into the overall business strategy."

Regional airlines simply are not worth as much as they used to be, according to Neidl and other industry experts.

Neidl points to the fact that when Continental Airlines spun off its regional subsidiary unit ExpressJet in April 2002, it created a company worth about $1 billion, and raised $480 million. Now that company is worth just above $600 million.

Northwest was another major carrier to spin off a regional subsidiary when it held an IPO for Pinnacle in November 2003. That garnered Northwest just $271 million, with the stock selling below the expected range.

Father-son combination

And that's not mentioning some of the issues surrounding Comair that could frighten off potential investors, either public or private.

The airline, started by a father-and-son duo at the Cincinnati/Northern Kentucky International Airport in 1977, now has some of the highest labor costs in the industry. That's mainly because of its pilot contract. Comair pilots are among the highest-paid in the regional sector.

Most important, according to Neidl, Comair has no growth plan. Parent Delta told Comair earlier this year that it would not get any new planes in 2005 because its costs were too high, the first time in Comair's history that it will not add to its fleet. So it must make do with older planes while being unable to add new routes and more revenue. "That's a huge deterrent from anyone wanting to buy," Neidl said.

Comair also would still probably be tied to just Delta, unlike other carriers such as SkyWest that carry passengers for other airlines too.

"They are only out of one hub (Dallas) as well, and I'm not predicting that Delta will pull out of Cincinnati, but it increases the risk for a potential Comair investor," Neidl said.

The airline has a fleet that is starting to get older, which airline officials have previously said equates into higher maintenance costs.

Eighty-five of its jets were delivered before 2000, and several remain from as far back as 1993, when Comair became the first domestic carrier to use regional jets.

Still, Comair is one of the best-regarded airlines in the industry, and now has exceeded $1 billion annually in operating revenue, according to the Bureau of Transportation Statistics. It also is profitable, according to federal statistics, turning in an operating profit of $25.7 million, or 8.1 percent during the third quarter. Still, its operating profit margin has shrunk from more than 16 percent in the fourth quarter of 2003.

Remaking the model Even though Delta would not get back what it paid for Comair, it might be looking to shed itself of all but core operations as it remakes its business model, said another industry watcher, University of Portland (Ore.) business professor Richard Gritta

"They will still rely on (partnerships) to carry the regional and short-haul traffic," said Gritta. "But as they gear toward the long-haul routes where they can compete, this might be the time.

"Now is the time to start making some moves if you are a major carrier if you want to survive."

E-mail [email protected]
 
Reamy,


Gasp...gasp....gasp... You are trying really hard, and you aren't slamming me as much. In some ways that is good. I like constructive talk without slams, some of the time. It is obvious that you guys at ASA need a raise, but there will be hard ball tactics thrown at you by management, not Dalpa. It will be interesting to see where the final RJ rate will fall---will Comair's come down eventually and your's go up? Where will they meet? What is the acceptable pay rate for everybody---pilots and management? I think we all deserve to be paid more, but when will this spiral stop going down? I wish you guys good luck over there, and it will be interesting to see where "extra growth"= "extra pay". There has to be a point where management and labor agree and you get both. If you are already high on one side compared to others (like Comair)---management may not give growth until it comes down.


Bye Bye--General Lee
 
General Lee said:
Reamy,


Gasp...gasp....gasp... You are trying really hard, and you aren't slamming me as much. In some ways that is good. I like constructive talk without slams, some of the time. It is obvious that you guys at ASA need a raise, but there will be hard ball tactics thrown at you by management, not Dalpa. It will be interesting to see where the final RJ rate will fall---will Comair's come down eventually and your's go up? Where will they meet? What is the acceptable pay rate for everybody---pilots and management? I think we all deserve to be paid more, but when will this spiral stop going down? I wish you guys good luck over there, and it will be interesting to see where "extra growth"= "extra pay". There has to be a point where management and labor agree and you get both. If you are already high on one side compared to others (like Comair)---management may not give growth until it comes down.


Bye Bye--General Lee
ATR,
Sorry to offend your delicate sensibilities "brother."

Private,
Some of the time eh, alright I can live with that. Anyway, Those hardball tactics are already in play and have been for over two years as they have drug their feet on our contract. You will soon be seeing some hardball being played from our side. It's not likely that Comair's rates will come down anytime soon, they paid a pretty dear price for those. I can't see them being given away, they would probably shut it down again before that happens.

Where will RJ rates meet you ask? Since theirs aren't likely to come down and I get the sense that we will close up the shop short of getting theirs, look for them to meet where theirs are now and when their contract is up for renewal soon, they will continue to go up as they should.
 

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