"NWA will be the purchaser" IMHO

[General Lee]

Proof General,

In 1986 when "Checci" and "Wilson" LBO'd NWA there was no warning. Everyone was looking at Pan Am, American, 'cause that was what was in the media.

Al Checci and Gary Wilson came out of nowhere and carefully performed an LBO labotomy on the asset laiden NWA.

"hope you like camels !"

Wasn't Wilson arrested at the Boise airport carrying pot in his suitcase shortly after that? I think he was. You haven't gotten into his old stash, have you?

Bye Bye--General Lee

 

[General Lee]

You are giving yourself way too much credit if you think those in the "know" are telling you the truth, let alone Anderson. Those in the "know" are BMOC's - the real deal will probably blind side everyone when it happens.

FWIW, those who have dealt with Anderson before prefer Steenland - they are the same animal. Steenland has the same MO less the Anderson "Aw-shcucks" and remembering your wife's b'day.

That's not what I have been told by actual NWA employees. Yeah, I actually say hi and talk to them. They wish they had Anderson back. Do I think he is the savior of Delta? No. But, I think he is better than what we HAD, and the people working for him are a lot better than what we had pre BK. I think we have a good outlook, but quit taking my word as Gospel.

Bye Bye--General Lee

 

[General Lee]

How you been General? Give us all something yourself. Where is Delta going to get the money for buying anyone? You often boast of the pretty good latest operating stats , but gloss over balance sheet items like $8.6B debt outstanding. I'm sure there is another group out there like Parker got together to make a run at Delta but what would that mean?.... More debt.

The only reason Delta is rattling sabres about "acquiring" anyone is because that is the marching orders of the creditor controlled BOD.

Standing by for you to back up your statements with something besides your typical yawners of "idiot" and "dork".

Hi Ben. Ok, here it is. This is the article (not statements with "idiot" or "dork") that is important. You like to say that Delta cannot afford to buy anyone. Why O why would our CFO, the MONEY GUY, announce to a conference full of airline people and bankers, that we may want to acquire someone? Any idea? Is he lying? He is just making this stuff up. Yeah. He is hoping noone would be able to look up the stuff he "hides" in the books, right? Come on now, I hope you are smarter than your above quote.



Delta Airlines still considering an acquisition
CFO Ed Bastian says the airline will have to re-evaluate its business model if oil prices remain near $100 a barrel.

November 7 2007: 6:44 PM EST


ATLANTA (AP) -- Delta Air Lines Inc.'s evaluation of whether it would make sense to purchase another carrier is a "front-burner" issue for the nation's third-largest airline, a senior executive said Wednesday.
"I think there's value there," President and Chief Financial Officer Ed Bastian said of consolidation during a New York investor conference that was broadcast on the Internet. "We just need to find the right transaction for the constituency. If we do find it, we'll certainly consider it."

On the flip-side, Delta (Charts, Fortune 500) recognizes that buying another airline could have considerable financial costs and cause friction among employees, Bastian said. Bastian was noncommittal on how long it would take the Atlanta-based airline to complete the review process, nor what Delta's ultimate decision will be. But, he did say that deciding whether to acquire another carrier is on Delta executives' minds. "It's a front-burner issue for us," Bastian said.


Bye Bye---General Lee

 

[doh]

I only have one question. If Delta buys NWA or United's Asia routes, do the fifth freedom rights go away? That will determine who buys whom and what name is on the airplane. Management is not going to give up the license to print money that is fifth freedom. General, do you know the answer to that question? Anyone else know?

 

[General Lee]

I only have one question. If Delta buys NWA or United's Asia routes, do the fifth freedom rights go away? That will determine who buys whom and what name is on the airplane. Management is not going to give up the license to print money that is fifth freedom. General, do you know the answer to that question? Anyone else know?

That has already been debated, and an example of what happened would be when Air Canada bought Canadian Airline's rights to NRT and other Asian cities. It was transferred and is all in Air Canada's name now. It can be done, and that was the example.

Bye Bye--General Lee

 

[doh]

Well then perhaps your scenario will play out. Airlines don't really buy other airlines. The financiers merely use one airline as a vehicle to control numerous carriers. We don't have all that much control. I don't get too keyed up over the name. I worry about my friends careers. As long as my friends at Delta and NWA keeptheir same earnings expectations, I really don't care whose name management slaps on the side.

 

[Fly4hire]

That's not what I have been told by actual NWA employees. Yeah, I actually say hi and talk to them. They wish they had Anderson back. Do I think he is the savior of Delta? No. But, I think he is better than what we HAD, and the people working for him are a lot better than what we had pre BK. I think we have a good outlook, but quit taking my word as Gospel.

Bye Bye--General Lee

I'm an actual NWA employee, and the guys who do the negotiating and dealing with management say there is not a lick of difference other than persona between the way Anderson and Steenland do business.

BTW, I don't take what anyone says as Gospel, including Him - I just think you have some rather unrealistic expectations of what Anderson is all about and will do for DAL.

 

[dbrownie]

Sure, except for all of the Northwest DC9s being parked, some more of their A319s, and the headquarters remaining in ATL and going away in Minni. Yeah, other than all that, you could be right, except that we have more airplanes and employees....Sure, you could be right????


Bye Bye--General Lee

General;

I agree with you on this one with exception.

The a319 is one of the most efficient jets flown

in our system, makes money going to

FNT or SAN.


I agree also about keeping headquarters in ATL not

MSP. That would do much to improve morale and

reduce stupidity.

We do have a big sim center in msp that would

make sense to keep open.

DBrownie

 

[General Lee]

General;

I agree with you on this one with exception.

The a319 is one of the most efficient jets flown

in our system, makes money going to

FNT or SAN.


I agree also about keeping headquarters in ATL not

MSP. That would do much to improve morale and

reduce stupidity.

We do have a big sim center in msp that would

make sense to keep open.

DBrownie

Hey, I like your A319s too. All I am saying is that SOME, not all, of your A319s may be returned, as told to me by an A319/320 Captain I talked to in ATL. He said some have already been returned, and more could be returned this year. Not all of them, just some. I think it has the range and the comfort factor, no doubt. And, I know about NATCO. It is a great facility and IF we ever did get together, I am sure it would stick around, especially if it was a money maker. We have a large SIM facility too in ATL. This is all speculation, and the best parts of each would probably stick around IF we ever got together. But, the headquarters and senior management would probably be in ATL, and the name would start with a "D."


Bye Bye--General Lee

 

[General Lee]

I'm an actual NWA employee, and the guys who do the negotiating and dealing with management say there is not a lick of difference other than persona between the way Anderson and Steenland do business.

BTW, I don't take what anyone says as Gospel, including Him - I just think you have some rather unrealistic expectations of what Anderson is all about and will do for DAL.

That's great and all, and I would not expect him to hand us a 47% raise when our contract is up in 09. No, I don't think it would be that easy. I never said that. But, I do think he is probably a better CEO than Leo Mullin, who was a banker and had NO airline experience. At the end of the day, you still need a leader who knows what he is doing. Anderson has that over Mullin. He is also surrounded by guys that have already proven their worth--like Hauenstein and Cortylu. These guys are very good at what they do and have helped with our bottomline. That is what I am talking about here, not my 47% payraise that may or may not be waiting for me in 09. I am sure it will be tough to try to negotiate half of that, let alone 1/4.

Bye Bye--General Lee

 

[jetflier]

Wasn't Wilson arrested at the Boise airport carrying pot in his suitcase shortly after that? I think he was. You haven't gotten into his old stash, have you?

Bye Bye--General Lee

No,....but I did sleep at a Holiday Inn Select last night !

 

[Fly4hire]

Wasn't Wilson arrested at the Boise airport carrying pot in his suitcase shortly after that? I think he was. You haven't gotten into his old stash, have you?

Bye Bye--General Lee

And this has what to do with Anderson, DAL, and a possible merger?

FWIW, the story was that he was travelling with his son, who was caught with it, and Wilson claimed it was his and took the rap. True or not - I don't know.

BTW, who care's if he smoked a little weed? If that was a disqualifier for anything in professional life I'm sure half the doctor's, lawyers, pilots (military included), and recent (and present) presidents would never be where they are today....

 

[General Lee]

And this has what to do with Anderson, DAL, and a possible merger?

FWIW, the story was that he was travelling with his son, who was caught with it, and Wilson claimed it was his and took the rap. True or not - I don't know.

BTW, who care's if he smoked a little weed? If that was a disqualifier for anything in professional life I'm sure half the doctor's, lawyers, pilots (military included), and recent (and present) presidents would never be where they are today....

Well, if you actually go back and examine the response he had with me and how he was extolling Wilson and Checchi, I just had to ask him about Wilson getting arrested for pot at the Boise Airport. When someone heaps praise upon someone, it is best to know what they are all about, get it? And did he take the bullet for his son? Wow, how fantastic. How did his son get it? His dad must have been too busy screwing everyone at NWA over. Anyway, when someone brings up a character reference, it would be best to have him in a good light if you want to use him in a debate. And, I would want to know if my doctor, or anyone professional, had had weed. I would go elsewhere, DUDE.....

PS. Does he know Sen. Larry Craig from Idaho too? Man, what is going on in Boise???


Bye Bye--General Lee

 

[Fly4hire]

. Anyway, when someone brings up a character reference, it would be best to have him in a good light if you want to use him in a debate. And, I would want to know if my doctor, or anyone professional, had had weed. I would go elsewhere, DUDE.....
Bye Bye--General Lee

If you are referring to present I agree, if you are referring to holding someone accountable as a mid-life professional for having smoked some pot as a teenager I think you are not firing on all cylinders....

 

[dbrownie]

FWIW, the story was that he was travelling with his son, who was caught with it, and Wilson claimed it was his and took the rap. True or not - I don't know.

.

Actually he had asked an agent to carry HIS

briefcase around screening. When he got caught

with the weed he blamed it on his kid!

Weasel is being generous.

Dave B