Latest ASA INFO????

[DAL737FO]

[QUOTE Being a complete Idiot must come with mainline employment. DOT fillings you're so willing to dismiss show line item expenses for the very same items you claim are gratis!!!

Can you post these filings? I find it hard to believe they would be in a DOT filing and not an SEC filing, you know considering they have to do with expenses.

What would it profit mainline to hide these expenses??...hummm...waiting...right it wouldn't .

Acutally it would work out quite well for them. You see if the books like extremely bad, and I'm not saying we are not in trouble, then they, meaning management can ask for more. Delta management has done some very intersting, but legal, accounting practices lately. One that comes to mind is fully funding the pension plan in one quarter instead of over the year. Boy that second quarter really looked bad didn't it.

Seems to me they would be more than willing to make a case of just the opposite to garner recompense.

No you and the rest of you DALPA "brain-e-acs" spend more time trying to drag us all down with you that you can't find time to repair the leak!!!

Now the above is a funny statement. Guess what, unless it finds host, a parasite dies when the host dies. Believe all you want that you are profitable, it doesn't change the bottom line.

Or won't! The more BS you spout the more it becomes clear to all of us, that read your tripe, you are at a distinct disadvantage having lost the grasp of reality and slipped back into the "Delta Pilot superiority zone".

I love that when people have no facts or reasonable counter to an individual they then go into the "oppressive, arrogant mainline pilot act"

Where all things that happen to you are the result of envy by those who desire to be like you!

Your comment about parked "Dinosaurs" should speak for itself.[/QUOTE]

The coming months should be very interesting. My personal hope is that we spin off ASA and Comair since Delta could still retain 51% interested and therefore the feed. I believe that the pilot group will give Grinstein close to what he wants and you will see a mass exodus of senior pilots.

Furloughed Delta Pilot
Current Freight Dawg

 

[ATR-DRIVR]

Well since GG has already stated several times that they have no intention of selling ASA/CMR off due to them being a PROFITABLE portion of the company, that seems moot. As far as a mass exodus, if 11 is gaining steam, yeah, no doubt, which would park the 777's and 400's until training could catch up. THAT wouldn't be to good for the pax.

 

[spinproof]

DAL737FO

Can you post these filings? I find it hard to believe they would be in a DOT filing and not an SEC filing, you know considering they have to do with expenses.

Answer:try DOT.gov archives for a start. If this is beyond your capabilities, ask any 4th grader for help!

Acutally it would work out quite well for them. You see if the books like extremely bad, and I'm not saying we are not in trouble, then they, meaning management can ask for more. Delta management has done some very intersting, but legal, accounting practices lately. One that comes to mind is fully funding the pension plan in one quarter instead of over the year. Boy that second quarter really looked bad didn't it.
Answer: Huh..??

Now the above is a funny statement. Guess what, unless it finds host, a parasite dies when the host dies. Believe all you want that you are profitable, it doesn't change the bottom line.
Answer: Huh..?

I love that when people have no facts or reasonable counter to an individual they then go into the "oppressive, arrogant mainline pilot act"

Answer: Huh???...Aaa..Huh? ooohh OAMPA...well that along with the fact you may need 8 hours horizontal, explains alot! Not to mention the more important matter of your fellow brethern trying to decide if they will take a pay cut to save your collective buts. A pay cut that I hasten to add, will still leave you as the highest paid in the industry. You might want to consider that while you make those non-precision approaches tonight!!!

 

[DAL737FO]

Spinproof,

This has got to be one of the more juvenile retorts I've seen lately. It goes hand in hand with what I said about if someone disagrees but has nothing of value to retort with they resort to personal attacks. Let me see if I have this right so I can use it in the future. Uhh uggh Uhh find a 4th grader. Grow up.

 

[Dangerkitty]

Answer:try DOT.gov archives for a start. If this is beyond your capabilities, ask any 4th grader for help!

I really have no dog in this hunt but I feel the need to reply anyway.

Spinproof,

You really have no clue what you are talking about. The DOT has absolutely no information whatsoever on the financial health of the airlines. DAL737FO is correct. The only governmental source where you can get financial info in regards to the airlines is the SEC.

Using your logic I should go to the DOT for the financials for Ford or Chevy.

But what do I know? I guess I am just an arrogant mainline pilot as well.

 

[captain caveman]

General,

Look at the numbers before 1999. But we did however provide a poorer product then. I think we're profitable because ASA doesn't pay much for labor and has next to no defined contributions and no defined benifets retirements. We will acheive a better rate/retirement in the next contract nomatter what Delta does. It may take a while longer though.

I don't think Delta will sink but if it does, ASA, Comair will probably continue to operate within their own entities but as one airline perhaps with some scraps of Delta. We shall see, I'm betting my 401K that it won't. If we had a descent 401K, I'd bet on something better but that's a different post.

 

[MedFlyer]

The DOT has absolutely no information whatsoever on the financial health of the airlines.

I guess the quarterly report that the DOT puts out on Airline Financial Statistics is just make believe.

http://www.bts.gov/press_releases/2004/bts016_04/html/bts016_04.html

Every quarter, airlines submit what's called Form 41 to the DOT which includes their financials.

http://products.bts.gov/programs/statistical_policy_and_research/source_and_accuracy_compendium/form41_schedule.html

Schedule and Process - The Form 41 requirements are tiered based on the carriers’ annual operating revenue. The reporting groups are as follows:

• Group III - over $1 billion in annual operating revenues
• Group II - from $100,000,001 to $1 billion in annual operating revenues
• Group I Over - from $20,000,001 to $100,000,000 in annual operating revenues
• Group I Under - $20,000,000 or less in annual operating revenues

All carriers, except Group I Under carriers, submit quarterly Balance Sheet, P&L, Changes in Financial Position, and Operating Expense Reports. These reports are due at DOT 40 days after the end of the calendar quarter. These reports are made available to the public after the DOT performs edits on the data. This usually takes two weeks. Group I Under carriers submit semiannual Balance Sheet, P&L, and Operating Expense Reports, which are due at DOT 40 days after the end of the reporting period.

 

[spinproof]

First thank you medflyer, although you're dealing with an intellect that will defile you while their ship sinks under the weight of their own supidity, I salute you in your tenacity to bring the obvious to the table!

Dangerkitty:
Yes you are an arrogant mainline pilot. Better to remain a quiet fool than to speak and remove all doubt! (see medflyer post for answers to your post)

DAL737FO

Obviously there is a reason you are a FO, that you are furloughed and that you fly freight ...God bless you on the last one! As to being clueless I submit that you and Dangerkitty fill that bill quite nicely!

Moreover I'm available for interschoolastic gymnastics if you a$$clowns persist in in being dickheads! Sabe uestead!

 

[General Lee]

SPINPROOF is a JEALOUS IDIOT. Enough said.


Bye Bye--General Lee

 

[DAL737FO]

First thank you medflyer, although you're dealing with an intellect that will defile you while their ship sinks under the weight of their own supidity, I salute you in your tenacity to bring the obvious to the table!

Dangerkitty:
Yes you are an arrogant mainline pilot. Better to remain a quiet fool than to speak and remove all doubt! (see medflyer post for answers to your post)

DAL737FO

Obviously there is a reason you are a FO, that you are furloughed and that you fly freight ...God bless you on the last one! As to being clueless I submit that you and Dangerkitty fill that bill quite nicely!

Moreover I'm available for interschoolastic gymnastics if you a$$clowns persist in in being dickheads! Sabe uestead!

Medflyer,

Thanks for the link. I did not know that the DOT had that info, however it's not as complete as the companies SEC 10k, 10Q or an 8k statement. I'll stick to the SEC for financial information.

Spinproof,

I don't know what mainline pilot beat you up as a kid or judging by your posts you may very well be a 13 year old with his daddy's computer. Your profile has nothing that would lend any credability to anything you say. You choose to snipe at people like a child and even go as far as to have some "interschoolastic gymnastics" which I can only assume means you'd like to rumble. How arrogant that would be to think that you could whoop everyone and anyone on a public forum. As for being an FO that has to do with date of hire and upgrade times nothing more and nothing less, however you already know that don't you. Please enlighten us as to your background and your vast experience. I feel cheated without that knowledge.

B-727 Freight Dawg

 

[spinproof]

Seven three: Well I can assure you it wasn't a Delta mainliner!! You would only whine about your clothes being wrinkled and you would have to have someone hold your hat,ect.! If your only retort is how "juvenile" the conversation is then why are you participating? As to you being cheated of knowledge I find that the only intelligent thing you've said so far.

General:
If only you would take your own advice!...really enough said!

 

[bvt1151]

Can you post these filings? I find it hard to believe they would be in a DOT filing and not an SEC filing, you know considering they have to do with expenses.

I thought you'd never ask...

The following are Comair's expenses for Q1 2004 which apparently shouldn't exist:

Depreciation: $16,852,000
Amortization on Capital Leases: $27,000
​

Insurance: $4,059,000
Landing Fees: $8,804,000
Outside Equipment: $19,919,000
Rentals: $32,612,000
​

Advertising: $74,000

The following are ASA's expenses for Q1 2004 which also shouldn't exist:

Depreciation: $16,060,000

Amortization on Capital Leases: $422,000
​

Insurance: $3,028,000
Landing Fees: $4,781,000
Outside Equipment: $14,207,000
Rentals: $22,879,000
Advertising: $72,000


For those who think I'm making these up, here's what the CFR's have to say about it:

From 14CFR Part 241:

Each large certificated air carrier
shall keep its books of account, records
and memoranda and make reports to
the BTS in accordance with this system
of accounts and reports.

Later in Part 241:

Schedule P–6—Operating Expenses by
Objective Groupings
(a) This schedule shall be filed quarterly by
all Group II and Group III air carriers and
Group I air carriers that have annual operating
revenues of $20 million or more.
(b) Route and charter air carriers shall file
this schedule for each separate operating entity.
(c) Line 36 ‘‘Total Operating Expenses’’
shall agree with the corresponding amount
reported on Schedule P–1.

Also in Part 241:

All financial data reported on B, P
and G schedules shall reflect the status
of the air carrier’s books of account for
the period for which the report is being
made and shall conform to the instructions
contained in this Uniform System
of Accounts and Reports.

You really have no clue what you are talking about. The DOT has absolutely no information whatsoever on the financial health of the airlines. DAL737FO is correct. The only governmental source where you can get financial info in regards to the airlines is the SEC.

Really, all of this is available online. Just do some research before you call us all liars. Seems as though he did have a clue.

Using your logic I should go to the DOT for the financials for Ford or Chevy.

Unfortunately for you, neither Ford, nor Chevy operate under Title 14 of the Code of Federal Regulations titled "Aeronautics and Space." However the DOT does require that all motor carriers publish their financial data under Title 49. If you're interested in that data, you can find it here.
I would suspect you could find Ford and Chevy at the Bereau of Economic Analysis or Department of Commerce websites.

 

[FDJ2]

I guess the quarterly report that the DOT puts out on Airline Financial Statistics is just make believe.

It is. Medflyer, the DOT numbers are unauditted.

 

[atrdriver]

I thought you'd never ask...

The following are Comair's expenses for Q1 2004 which apparently shouldn't exist:

Depreciation: $16,852,000
Amortization on Capital Leases: $27,000
​

Insurance: $4,059,000
Landing Fees: $8,804,000
Outside Equipment: $19,919,000
Rentals: $32,612,000
​

Advertising: $74,000

The following are ASA's expenses for Q1 2004 which also shouldn't exist:

Depreciation: $16,060,000

Amortization on Capital Leases: $422,000
​

Insurance: $3,028,000
Landing Fees: $4,781,000
Outside Equipment: $14,207,000
Rentals: $22,879,000
Advertising: $72,000

BVT, I'm just curious. Exactly how much advertising do you think $74,000 will buy? All the marketing that DAL does benefits us as much as it benefits them, and OBVIOUSLY they are not passing much of that expense on to ASA and CMR. THAT IS WHAT PEOPLE ARE TALKING ABOUT!!!

atrdriver

 

[General Lee]

atrdriver,


What DL marketing?


Bye Bye--General Lee