Delta Posts 2nd Qtr Results, Ends Qtr with $5.4 Billion Liquidity

[Scope out RJ's]

Midwest???

I'm sorry, you're right, Republic!:laugh:

How does it feel to be in 2nd place behind Airtrash in Atl??

It's great. So, as a gay guy, how do you feel you've been treated?

 

[Tanker1497]

RP 170: I am very happy for you in your job...I don't remember talking to you in any fashion. I was responding to a statement someone other than you made. I am happy with my job, I actually enjoy it! Best of luck to you at NJA, it is a great company!

 

[FDJ2]

....sounds like you will enjoy it when more people lose their job.....Hell of "brotherhood" here at ALPA....Every man for themselves should be our motto....

Sorry, but DAL has an airline to run, and there are far too many RJs for the business plan.

 

[Speedtape]

From the Webcast today,

http://seekingalpha.com/article/150...9-earnings-call-transcript?source=bnet&page=9

Edward H. Bastian
Well, I think we have right now been taking delivery of the [76-seat] regional RJ as we’ve grounded some of the older DC930s. That is largely complete and we will not be taking any delivery of any additional 76-seat RJs as we move into the future. So that trade-off from the older DC9s into the two class regional jets is pretty much complete at this point.

This is due to current scope restrictions--at this point!
Richard H. Anderson
And I would add to that that actually the trend will probably start going the other way as we begin having a number of regional jet retirements that start commencing -- some have commenced and we’ll have more next year so you’ll actually see the 50-seat jet count at Delta continue to decline

This is not new news. At some point, 76 regional jets will replace the 50 seat jets. It's all part of the right-sizing program that will begin within the next 2 years.

 

[ACL65PILOT]

This is not new news. At some point, 76 regional jets will replace the 50 seat jets. It's all part of the right-sizing program that will begin within the next 2 years.

Read his above quote too. This was on an investor call so it is bound by SEC regulations. IE no BS. They state no more 76 seat jets. We have options and none on order above the 153. The do not like em.

When he says he is cutting DCI he means it. Prepare for more cuts as these contracts mature.
If we give DCI 100 seat jets we have no one to blame but ourselves.

Joe, really?
Like has been stated before, we are for unity but it has to be in the form of a prenup with a staple to the bottom of the DAL list.

 

[ACL65PILOT]

Sorry, but DAL has an airline to run, and there are far too many RJs for the business plan.

I will credit them with that. They know they were burned and burned bad by the recession jets. They will get rid of them as quickly as they can.

 

[Fly4hire]

Is 3000 hours suppose to be impressive?

He could have as easily said 10 yrs flying corporate :cartman:

I enjoyed flying corporate, but realized it was even less predictable than the airline world, and wanted the better schedule and work rules.

FWIW, I also thought the most common animal in the corporate pilot world was the guy who slammed the airline product and pilots, usually as his way of compensating for the route he chose or was forced to take.

 

[Superpilot92]

This is not new news. At some point, 76 regional jets will replace the 50 seat jets. It's all part of the right-sizing program that will begin within the next 2 years.

ACL covered it but the fact is that the "RJ boom" is over and the coontraction point has been reached. DAL is in the process of fixing its product and part of that fix includes getting rid of ALOT of "RJ's"

 

[ACL65PILOT]

His contention is that we will concede more 76+ seat jets. Fact is that given our history he has the right to be fairly confident in that assumption.
I also know that ain't going to happen. I know the union has heard it and realized that this group has absolutely had enough of the same old song and dance. 100 seaters are just too much. Heck you should hear the guys that have been here 20 years muddle to themselves as they taxi a 767 past an RJ. They are finally getting it. That is something that I do not think the RJ drivers understand.
When we were making 300K plus a year, yes, we thought the RJ was below us. Now with wages and the overall QOL life going in the toilet, these guys have realized that seats are permanent, but pay rates are temporary at best.
We need seats and departures here at DAL. The scope slide has finally started to reverse course.

 

[180ToTheMarker]

Heck you should hear the guys that have been here 20 years muddle to themselves as they taxi a 767 past an RJ. They are finally getting it. The scope slide has finally started to reverse course.

Thats nice to hear about the 767 guys. The Mad Dog skippers are also hell bent on not caving again. Sounds like we are growing a pair finally

 

[Superpilot92]

Thats nice to hear about the 767 guys. The Mad Dog skippers are also hell bent on not caving again. Sounds like we are growing a pair finally

The NWA side of the fence has had enough for sure, everyone here sees how the CPZ planes are taking over DC9 flying and enough is enough. They feel that the CPZ issue was shoveled down their throats and it left a BAD taste for many. I think for most the final straw broke the camels back and just as ACL mentioned it aint gonna happen!

DAL mgmt wants less "RJs" (even the 76 seaters arent favored now) and more mainline planes flying Delta passengers which is a good thing for our Industry.

 

[ACL65PILOT]

Only ones that I have seen that really are out to lunch are the international CA's. I have had a few senior international FO's on the JS and I basically told them that their CA slot was over at DCI. They response was that they did not argue that. That is a step in the correct direction.

Funny thing is that the the company finally realized that to save money and control the product that you really need to in source. What a concept. Look for more of that to happen system wide.

 

[crj567]

I am rather enjoying all the "rah-rah-rah" going on in this thread. We all know that DAL mgmt loves to play one side against the other. The senior vs. the junior, the connection vs. the mainline, etc, etc, etc,.....

Just keep in mind the economics of the situation. Fact remains that mainline operating costs are far more expensive in the long run-even after the loss of benefits and pensions. I think there will be a big push from mgmt. to replace a lot of RJs with a lot of turboprops or bigger RJs. The true test will come when your contract comes up for negotiations-they will take advantage of that opportunity to take as much flying as possible and put it on DCI turboprops.

Don't fool yourselves in into thinking that RA gives one skinny rat's ass about you or your group. He cares about money, and it will always be cheaper to stick 60-plus people on a small aircraft and fly to smaller markets than on a half-empty 737. Right now, RA and buds are just playing "good-cop." You will get to meet "bad-cop" just as soon as negotiations start.

P.S.-ACL- Read This, It is called a "disclaimer." This came directly from the earnings call transcript. It means that they can and may say things during the conference call which may not constitute "the truth." Pretty standard, pretty basic-but I figured you need a little help:

Today’s discussion contains forward-looking statements that represent our beliefs or expectations about future events. All forward-looking statements involve risks and uncertainties that could cause the actual results to differ materially from the forward-looking statements. Some of the factors that may cause such differences are described in Delta's SEC filings.

-Do you really think some of these guys would give up such a big bargaining chip before negotiations even start? -Please step out of the KoolAid pool-you are starting to get a bit wrinkly.

-You sure are making RA's job a lot easier by buying this load.

 

[Superpilot92]

I am rather enjoying all the "rah-rah-rah" going on in this thread. We all know that DAL mgmt loves to play one side against the other. The senior vs. the junior, the connection vs. the mainline, etc, etc, etc,.....

Just keep in mind the economics of the situation. Fact remains that mainline operating costs are far more expensive in the long run-even after the loss of benefits and pensions. I think there will be a big push from mgmt. to replace a lot of RJs with a lot of turboprops or bigger RJs. The true test will come when your contract comes up for negotiations-they will take advantage of that opportunity to take as much flying as possible and put it on DCI turboprops.

Don't fool yourselves in into thinking that RA gives one skinny rat's ass about you or your group. He cares about money, and it will always be cheaper to stick 60-plus people on a small aircraft and fly to smaller markets than on a half-empty 737. Right now, RA and buds are just playing "good-cop." You will get to meet "bad-cop" just as soon as negotiations start..

Or you stop flying 6 flights a day to BFE on RJ's and instead fly 3 flights a day on mainline planes and still move the same number of seats while also controlling your own product. Fact is things are changing and the regionals are getting hit with the ugly stick now and in the near future.

 

[crj567]

Or you stop flying 6 flights a day to BFE on RJ's and instead fly 3 flights a day on mainline planes and still move the same number of seats while also controlling your own product. Fact is things are changing and the regionals are getting hit with the ugly stick now and in the near future.

Maybe so, but my point is that RA will not waste one second in employing that "ugly stick" on you guys as soon as the opportunity presents itself. Never delude yourselves into thinking RA will not hesitate to screw you to the wall as soon as he gets the chance.

Personally-I think he will employ some type of turboprops next. I think he will get you all to think he is doing a great service by getting rid of 50-seat feed, but while you are not paying attention, those feeder seats will just revert right back to turboprops. The total number of passengers on the turboprops could actually wind up being greater. Sure, the jet is faster-but there are turboprops which can cover many of these routes and burn way less fuel doing so.

Outsourced feed is still outsourced, no matter what people are riding on... But RA is really your pal, ain't he? He's on your side... Clearly, there will be a trade-off. He is not gonna give away all that bargaining power for nothing-he is mean, but not stupid. You will see what type of "good guy" he really is when those negotiations start up.