SWAFO,
According to the Delta CFO (which is probably biased)---Delta had $2.6 Billion in cash, and $5 billion to mortgage, and Southwest had $2.5 billion in cash and more to mortgage.(I don't know that part, but the $2.5 bil in cash was given) Yes, I am sure Delta has burned some of that away and Southwest probably has more cash on hand now, but not much more. Yes, Delta had a quarterly loss of $320mil---and some of that was one of those one time charges that will never come up again--I hope. Compared to the rest of the Majors---Delta is the star (behind Southwest I guess....)
ISP sucks as an airport. I used to fly into there on Express from FLL, MCO, PBI, and TPA. We still fly acouple of 737-200 flights a day in there, but I am sure Song will drop it because they might not be able to fill 199 seats on the lime green 757's. The terminal there is old, the runways are short, and the people are interesting. We still have RJ's (some 70 seaters) that can funnel people thru ATL and then down to FLA if they want to use us. I think Song will have a better chance at filling the seats at LGA,JFK, and EWR. But, you will see our planes in BDL---where we might compete. I guess they will be flying from IAD, BOS, BDL, and the three NYC airports. Eventually you might see them in LAS, PHX, SNA, and OAK. There are rumors that we might eventually have up to 60 757's at Song (out of 120 total 757's).
But, if you do see one of our crews outside one of those Lime green 757's, come over and say hi. I am sure the FO can afford to buy both of you a Starbucks Latte.
Bye Bye---General Lee
