PuffDriver
Well-known member
- Joined
- Jun 23, 2002
- Posts
- 1,027
Mostly for my NWA brothers:
Our RASM is now at 104% of industry average - we planned on reaching that goal by the end of the year, expect to get to 109% by early next year
Delta is making $1B per year with AmEX contract.
Hoped to get 2,000 employees to take the early retirement. Actual number is 4,100. Richard has told executives NOT to replace any of the 4,100.
You will see Delta continue to decrease the # of RJs. This will account for most of domestic draw down. Mainline domestic drawdown about 4%. MD88s will take up some RJ routes to maintain market presence where appropriate.
We will trim international flying on the margins to improve profitability.
NWA is increasing the RJ while setting down the DC9
Delta has $4.6B in available cash
All new A/C are financed prior to taking delivery
Board approved 2 more 777 in addition to the 6 coming this winter
Delta’s plan is to eventually have 26 777
All A/C that can have winglets will get them. None for the MadDog
50% of our fuel is hedged. Started the hedging last fall
Richard does not like the B787 – will be 2 ½ years late and over weight is a huge issue. Might see NWA sue Boeing or cancel order if they fail to get the weight down. Extra weight will destroy fuel saving.
Richard thinks the A330 is an excellent international A/C. Much better than B767. Carries more passengers and cargo and burns same fuel.
Possible profit this quarter for Delta
Delta has made $120M from Cargo so far this year. New Cargo team has made great enhancements to improve bottom line.
Justice Dept. has heard all arguments on merger and appears not to have a problem with it. Time line has been set and shooting for a Nov. final approval.
Delta is matching fares seat for seat with Air Tran.
Richard feels very confident the NWA deal will happen before the end of the year. Once it is approved and signed it will take 6-12 months to get the FAA to sign off on one certificate. No cross training can happen prior to that approval.
The NWA merger should add $2B to Delta.
Our RASM is now at 104% of industry average - we planned on reaching that goal by the end of the year, expect to get to 109% by early next year
Delta is making $1B per year with AmEX contract.
Hoped to get 2,000 employees to take the early retirement. Actual number is 4,100. Richard has told executives NOT to replace any of the 4,100.
You will see Delta continue to decrease the # of RJs. This will account for most of domestic draw down. Mainline domestic drawdown about 4%. MD88s will take up some RJ routes to maintain market presence where appropriate.
We will trim international flying on the margins to improve profitability.
NWA is increasing the RJ while setting down the DC9
Delta has $4.6B in available cash
All new A/C are financed prior to taking delivery
Board approved 2 more 777 in addition to the 6 coming this winter
Delta’s plan is to eventually have 26 777
All A/C that can have winglets will get them. None for the MadDog
50% of our fuel is hedged. Started the hedging last fall
Richard does not like the B787 – will be 2 ½ years late and over weight is a huge issue. Might see NWA sue Boeing or cancel order if they fail to get the weight down. Extra weight will destroy fuel saving.
Richard thinks the A330 is an excellent international A/C. Much better than B767. Carries more passengers and cargo and burns same fuel.
Possible profit this quarter for Delta
Delta has made $120M from Cargo so far this year. New Cargo team has made great enhancements to improve bottom line.
Justice Dept. has heard all arguments on merger and appears not to have a problem with it. Time line has been set and shooting for a Nov. final approval.
Delta is matching fares seat for seat with Air Tran.
Richard feels very confident the NWA deal will happen before the end of the year. Once it is approved and signed it will take 6-12 months to get the FAA to sign off on one certificate. No cross training can happen prior to that approval.
The NWA merger should add $2B to Delta.
