Soooooo...Gary Kelly gets on CNBC and makes the statement that SWA carriers more business travelers than any other domestic airline, and other pilots ( who are uninformed as to how those numbers have been derived) make all kinds of comments.
Ahhhh-Kay...
...BUT...what speaks volumes is the silence from the other CEO's...who should have numbers on how many business travelers they have....or don't have.
Where are your CEO's ?.....in the office ?.....on vacation ?.....at a board meeting ? We know they are not on CNBC
Delta sees strong free cash flow, revenue growth
By Christopher Hinton
NEW YORK (MarketWatch) -- Delta Air Lines/dal predicts free cash flow generation of about $2 billion for 2010, and about $7 billion between now and 2012, company President Edward Bastian said Tuesday. The world's largest airline sees continued strength in demand for air travel after last year's decline, with second-quarter unit revenue expected to grow by about
20%, Bastian said during a meeting with analysts. The impact from the erupting Iceland volcano reduced quarterly revenue by about $20 million, he said. For June, unit revenue is forecast to grow by about 23%. Bastian added he has "not given up hope" on a proposed swap with US Airways for landing slots at New York's LaGuardia Airport in return for Delta slots at Ronald Reagan Washington National.
Tuesday, June 15, 2010, 12:07pm EDT | Modified: Tuesday, June 15, 2010, 12:59pm J. Scott Trubey, Staff Writer
Delta sees 20 percent unit revenue bump
Atlanta Business Chronicle
Delta Airlines said Tuesday its unit revenue will soar by double digits through the summer compared to the doldrums of last year, though the rest of 2010 might not keep pace with such bold improvement.
The second quarter should see a 20 percent increase in passenger revenue per available seat mile compared to last year.
The improvement in unit revenues is being driven by higher demand and lower fuel costs, the Atlanta-based carrier reported in a Securities and Exchange Commission filing.Delta (NYSE: DAL) said corporate contract volume was up 35 percent over this time last year.
The airline expects to end the second quarter with $6 billion in unrestricted liquidity, and Delta said it is projecting free cash flow of $700 million for the quarter ending June 30, and $2 billion for all of 2010.
On its agenda going forward, Delta said in its investor presentation, is to expand its capabilities in New York and broaden and leverage its partnership with the carriers in its SkyTeam alliance.
Bye Bye--General Lee
