Delta reports $6.4 BILLION loss for 1st qtr.

[DIAMONDDD]

Captain Dad, I am sick of your gloating....... Bye Bye--General Lee

Yeah, gloating is stomach turning isn't it? If it is one thing I, (along with you apparently) can't stand is constant gloating. I mean it sure gets old, the gloating. Even just a little gloating sure goes a loooong way towards making people feel ill.

So it is agreed upon: Gloating=sickening.

 

[Tanker Clown]

Hey 737 Pylt....or GL, even if you believe your own BS, do you realize that your $.69 a share loss was significantly larger than the $.51/share loss that was expected.

I guess anything worth doing is worth doing right. I hope your losses continue to go well.

Maybe next time you guys reorganize in Ch 11 you'll emerge as a non-profit. It looks like that's the plan you're going with now anyway.

 

[AirBoard]

Just lurking here but the BIG questions REMAINS.......when the stock goes back up $16/share do you get to report a $6 Billion gain.

I honestly don't know. I should have been an accountant because apprently a rainy day can be sunny!

 

[Tanker Clown]

JMONEY is on ignore because I don't want to read anything from a guy from Valdosta who loves Flint layovers at ASA.

Bye Bye--General Lee

It appears that the General has gone with the "stick my fingers in my ears and say LA LA LA real loud" technique to deal with Delta's $6.4 BILLION loss. Nice plan.

When you get your furlough notice, just pretend it's a pratical joke.

 

[Jmoney]

Huh?

JMONEY is on ignore because I don't want to read anything from a guy from Valdosta who loves Flint layovers at ASA.

Bye Bye--General Lee

How the hell did you notice I was posting about you?
-Damn, you really are not that smart, are you, there big guy?

 

[Jmoney]

It appears that the General has gone with the "stick my fingers in my ears and say LA LA LA real loud" technique to deal with Delta's $6.4 BILLION loss. Nice plan.

When you get your furlough notice, just pretend it's a pratical joke.

Yeah,

I'll bet that will just be a "Paper" furlough notice, much like your fabled "just a paper loss."

 

[captain dad]

Captain Dad, I am sick of your gloating. Re-read the article. The actual loss was $274 million, not BILLION. The rest was a one time charge that was a paper loss only. It is like saying your house you bought for $500,000 is now worth $300,000, and you are taking a right off. After the merger we will have over $7 BILLION in cash. Thanks for caring, and go back to NJA and enjoy yourself. Really.


Bye Bye--General Lee



Delta reports $6.4B loss in first quarter
Wednesday April 23, 7:35 am ET
Delta says it lost $6.4 billion in first quarter on hefty fuel costs, market value decline ATLANTA (AP) -- Delta Air Lines, the nation's third-largest carrier, says its loss widened in the first quarter to a whopping $6.39 billion due to soaring fuel prices and the steep decline in the company's market value.The results badly missed Wall Street expectations, despite a 12 percent increase in sales.
The Atlanta-based company said Wednesday the loss is equivalent to $16.15 a share. That compares with a loss of $130 million that Delta reported in the year-ago January-March quarter, when it was still in bankruptcy.
Excluding special items, primarily a $6.1 billion non-cash charge relating to the decline in Delta's market value due to sustained record fuel prices, the airline lost $274 million, or 69 cents a share, in the first quarter.
Analysts expected a loss of 49 cents a share, excluding one-time items.

Who's gloating? I am not a big fan of NWA, that is true, but it has nothing to do with the pilots. I don't wish anyone to get furloughed or go into even harder times. I was just shocked that they are claiming billions in losses to justify their little merger stiff arm maneuver.

I really feel for you guys and wish you the best. If it is any consolation. It sucks and I am sorry.

 

[jehtplane]

No, they announced earlier that they would park between 15-20 total planes, and we still will be getting 6 737-700s this year, along with 6 777LRs within 3 months (Dec 31st, 2008 and March 31st, 2009). Those planes that could be parked(mostly MD88s and a few 757s) are up for lease renewal anyway. They may still come back to us at a lower lease rate.


Bye Bye--General Lee

Let the spin begin!!!!!!!!!!!!!!!

 

[737 Pylt]

I just want to thank the regular posters here for making my bud go down really good.
Jhomo/tankerdoosh....You are the bomb!
<sigh>
Did you ever find the horse you belong to, ass?:laugh:

737

 

[Tanker Clown]

$6.4 BILLION loss....and that's all you can come up with?