Delta plans a 12% reduction to Europe

[redflyer65]

Delta to trim Europe

Old link. Sorry guys. See below.

 

[dugan jones]

http://aviationblog.dallasnews.com/archives/2011/05/delta-partners-to-reduce-capac.html

Isn't this article from may 2011?

 

[redflyer65]

Here's the new one. Sorry.




http://www.cnbc.com/id/47463698

Shares down 8 percent today for no reason...maybe just overall market related. Nice run recently though.

 

[GogglesPisano]

Yes.

Here is the latest news. It's a 5% reduction. 2012 overall is 1% further down than previous forecasts.

http://wallstcheatsheet.com/stocks/this-delta-news-is-dragging-air-carriers-lower.html/

 

[redflyer65]

Thank GP. Does anyone know if this is in-line with standard Labor Day reductions? If so, then really nothing new.

 

[B727FA]

As I read it it's the "regular" fall pull-down.

 

[General Lee]

I read they were stopping JFK to Rome (normally a year round flight) this Winter, which is something they have never done. Of course Alitalia is now our Joint Venture partner, so they will continue it obviously. United (CAL) also announced the same for EWR to FCO this winter, which they haven't done before either. The economies tanking over there is to blame, and running flights over there during their slow period, losing money, probably isn't the right thing to do. I believe both airlines will resume flights there in the Spring. I think Spain, Italy, Portugal, and Greece are really going to get hit hard soon, and many of the European airlines (AF, KL, LH, etc) are having huge losses as we speak.


Bye Bye--General Lee

 

[Freebrd]

spin spin spin Jenny lol

 

[Twisted Mind]

General lee,
These joint ventures are going to soon eat your lunch.

 

[ultrarunner]

It'll be interesting to see what happens when the Germans stop writing some of the checks!

 

[General Lee]

General lee,
These joint ventures are going to soon eat your lunch.

I think the TA under review will tighten them. (Scope was a big priority, not only RJs, but also codeshare/JVs) Also, do you think Delta would go to Italy this Winter as frequently as DL does in the Spring/Summer even if there wasn't a code share? I guess you don't mind money losing routes. Europe this Winter won't have as many travellers. But, being an INTL airline, you can always reroute some of your planes South during the Winter months, or add them to Asia which is doing better than last year.


Bye Bye---General Lee

 

[igneousy2]

I think the TA under review will tighten them. (Scope was a big priority, not only RJs, but also codeshare/JVs) Also, do you think Delta would go to Italy this Winter as frequently as DL does in the Spring/Summer even if there wasn't a code share? I guess you don't mind money losing routes. Europe this Winter won't have as many travellers. But, being an INTL airline, you can always reroute some of your planes South during the Winter months, or add them to Asia which is doing better than last year.


Bye Bye---General Lee

Actually I was actually thinking the economy might have an increasing effect for a U.S. carrier. With the Euro at 1.27 and falling like a brick, I thought it might encourage some Ameircans to travel to Europe...although admitedly probably not until summer.

 

[Skippy]

U foolish pilots.... Cant u see delta's plan....
Reduce quite a bit, then never increase it again, bc the joint ventures will be doing it, then guess what, too many pilots bc of decreased scope... Thats deltas plan, the pilots better figure this chit out real quick

Sure i could be wrong, but what if im not?

 

[wms]

Now they'll have some 767's to put on those aby turns.

 

[redflyer65]

Are there caps put on the codeshare per the Delta pilot CBA?