So, how big was Song's er..Delta's loss this time?

[GoodTimes]

On Your Sixth.........cocktail. How much did Delta lose again? Just like old Yonited back in the day, eh?

 

[redflyer65]

I'd have to say it was pretty close to American's loss for the quarter. Man that's harsh!

 

[On Your Six]

On Your Sixth.........cocktail. How much did Delta lose again? Just like old Yonited back in the day, eh?

Probably, but back then there were no talks of any profits. This airline seems much better already.

OYS

 

[On Your Six]

I'd have to say it was pretty close to American's loss for the quarter. Man that's harsh!

The Japan earthquake etc hit us hard, and AA doesn't have nearly the presence there. Our CEO stated yields and revenue is improving there compared to a couple months ago. That will help.


OYS

 

[General Lee]

April 26, 2011, 1:53 PM ET

Delta Rises 10% on Strong Revenue Forecast

By Avi Salzman

Delta Airlines posted a narrower than expected loss for the first quarter and said its June-quarter revenue should rise by double digits, sending shares up 10% in afternoon trading. The rest of the airline sector hitched a ride on Delta’s success. U.S. Airways, which also beat estimates, was up 5.3% in midday trading.

Delta posted a 38-cent loss, better than expectations for a 50-cent loss. Revenue came in at $7.75 billion, above estimates of $7.61 billion. Delta reduced its expected capacity for the second half of 2011, targeting reductions in markets where revenue has not kept pace with rising fuel costs. Delta now expects system capacity for the post-Labor Day period to be down approximately 3% year over year.

The company said it has hedged 49% of its fuel for the June quarter, up from 41% this quarter.

“Based on the strength we are seeing in the revenue environment, we currently expect double-digit unit revenue growth for the June quarter,” said Ed Bastian, Delta’s president. ”We believe our aggressive fare actions, combined with a four point capacity reduction for the back half of the year, will allow us to recover the higher costs of fuel in our ticket prices.”



Bye Bye---General Lee

 

[puddlejumper101]

April 26, 2011, 1:53 PM ET

Delta Rises 10% on Strong Revenue Forecast

By Avi Salzman

Delta Airlines posted a narrower than expected loss for the first quarter and said its June-quarter revenue should rise by double digits, sending shares up 10% in afternoon trading. The rest of the airline sector hitched a ride on Delta’s success. U.S. Airways, which also beat estimates, was up 5.3% in midday trading.

Delta posted a 38-cent loss, better than expectations for a 50-cent loss. Revenue came in at $7.75 billion, above estimates of $7.61 billion. Delta reduced its expected capacity for the second half of 2011, targeting reductions in markets where revenue has not kept pace with rising fuel costs. Delta now expects system capacity for the post-Labor Day period to be down approximately 3% year over year.

The company said it has hedged 49% of its fuel for the June quarter, up from 41% this quarter.

“Based on the strength we are seeing in the revenue environment, we currently expect double-digit unit revenue growth for the June quarter,” said Ed Bastian, Delta’s president. ”We believe our aggressive fare actions, combined with a four point capacity reduction for the back half of the year, will allow us to recover the higher costs of fuel in our ticket prices.”



Bye Bye---General Lee

What do you expect them to say, that the airline will suck??? CEOs and VPs are payed to keep the panic low so you worker bees don't start whining. Leo Mullin was an expert at it no matter how bad it was, it wasn't that bad...as long as the golden parachute is still there, we will be allright. Just lie to these people long enough for me to get my millions and leave. Naive of you to believe what yout MGMT tells you, don't you think? Especially since your MGMT has never left you out to dry. If you loose money, you lost money...that's all there's to it.

 

[On Your Six]

What do you expect them to say, that the airline will suck??? CEOs and VPs are payed to keep the panic low so you worker bees don't start whining. Leo Mullin was an expert at it no matter how bad it was, it wasn't that bad...as long as the golden parachute is still there, we will be allright. Just lie to these people long enough for me to get my millions and leave. Naive of you to believe what yout MGMT tells you, don't you think? Especially since your MGMT has never left you out to dry. If you loose money, you lost money...that's all there's to it.

This from a guy who types "payed.". And, Delta didn't "loose" money, we lost money. Next 2 quarters, Delta should make money. That is the same thing that happened last year. General Lee is correct again.


OYS

 

[Scope out RJ's]

Hundreds and hundreds and hundreds and hundreds of MILLIONS IN JUST ONE QUARTER!!!!!!!!!!!

How long can this last?

Depends on how many airplanes you continue to either try to operate as convertibles or keep driving off runways......

 

[Bobby Orr 4]

It was a rough quarter, with Japan problems, ATL ice storms, and higher fuel. It could have been worse. The CFO stated we did generate $800 million in cash and that help pay down more debt. Overall, it wasn't great, but could have been worse.

Bye Bye---General Lee[/QUOTE]

Lee not sure if you remember our last discussion 4th quarter 2010, but you did mention all the above. Add the Japan situation, I agree. Could have been worse.
Over on our side, we need to get out of the media with negative PR. The 737 in Yuma, and off the runway in MDW. Although Boeing has publicly taken responsibility for the Yuma Boeing and nobody was injured in MDW, we need to tighten ops up.
Some of the kids on FI need to realize that our companies flow with each other. We all prosper and suffer together. Wishing the demise of one is wishing difficult times on your company. I have friends who are furloughed and flying overseas and would love the opportunity to get a good job domestically. I don't want to wait until all the geezers finally get put to pasture. Solid profits industry wide will promote growth, upgrades, and hiring. Good for everybody.
I hope your management is correct with forecasting a profitable year and our industry. It is good for everybody. The kids need to realize this.

 

[curtaindriver]

April 26, 2011, 1:53 PM ET

Delta Rises 10% on Strong Revenue Forecast

By Avi Salzman

Delta Airlines posted a narrower than expected loss for the first quarter and said its June-quarter revenue should rise by double digits, sending shares up 10% in afternoon trading. The rest of the airline sector hitched a ride on Delta’s success. U.S. Airways, which also beat estimates, was up 5.3% in midday trading.

Delta posted a 38-cent loss, better than expectations for a 50-cent loss. Revenue came in at $7.75 billion, above estimates of $7.61 billion. Delta reduced its expected capacity for the second half of 2011, targeting reductions in markets where revenue has not kept pace with rising fuel costs. Delta now expects system capacity for the post-Labor Day period to be down approximately 3% year over year.

The company said it has hedged 49% of its fuel for the June quarter, up from 41% this quarter.

“Based on the strength we are seeing in the revenue environment, we currently expect double-digit unit revenue growth for the June quarter,” said Ed Bastian, Delta’s president. ”We believe our aggressive fare actions, combined with a four point capacity reduction for the back half of the year, will allow us to recover the higher costs of fuel in our ticket prices.”



Bye Bye---General Lee

Unfortunately, the analysts hear their favorite airline line "four point capacity reduction for the back half of the year" and they start pushing that stock up. It's a jacked up system, JetBlue posts a profit...BUT is growing so the stock gets dinged. Can't win!!

CD