C Series Info
07-20-2017, 06:57 AM
#201
Gets Weekends Off
Joined APC: Sep 2015
Position: I got into this business so I wouldn't have to work.
Posts: 1,034
07-20-2017, 07:52 AM
#203
Gets Weekends Off
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,224
We own 49% of Virgin Atlantic. That includes aircraft, lounges, ground equipment, computers and real-estate. We also effectively own (through derivatives and will hold the shares by the end of the third quarter) Aeromexico, which includes all of its property.
This is the new "work around" for management when it comes to international scope. The "virtual merger" as its called is a JV partnered with a 49% equity stake. This merger effectively allows Delta to expand internationally without putting Delta pilots or Delta metal on those routes. Not being a merger of the two companies allows Delta to operate this way and leaves the Delta pilots without recourse via our merger and successor language in our section 1 SCOPE.
This is the new Delta, only required to operate 650,000 wide-body hours globally. The rest can be outsourced to any operator they choose. So far they have chosen to expand with the virtually merged subsidiaries. Brilliant business strategy really, but in does nothing to grow or maintain the Delta pilots international flying.
Last edited by notEnuf; 07-20-2017 at 08:33 AM.
07-20-2017, 08:03 AM
#204
Gets Weekends Off
Joined APC: Nov 2011
Posts: 4,531
The LLCP for this jet is in the ATL lounge today. I had a brief one-on-one talk with him while he was setting up and he said the decision regarding the HUD is due today. He went on to say, "it's dual HUD or none at all." His boss made a good safety/business case for it but he still couldn't predict the decision going either way.
The only other big takeaways for me was the company has extremely high hopes based on initial performance numbers mainly because it sips fuel, something like 1800lbs a side in the high 30s. It will specialize in the long thin routes, "think 1500-2000 mile routes" he told me.
Just food for thought.
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The only other big takeaways for me was the company has extremely high hopes based on initial performance numbers mainly because it sips fuel, something like 1800lbs a side in the high 30s. It will specialize in the long thin routes, "think 1500-2000 mile routes" he told me.
Just food for thought.
Sent from my iPhone using Tapatalk
07-20-2017, 08:31 AM
#206
Gets Weekends Off
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,224
07-20-2017, 08:41 AM
#207
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Joined APC: Jan 2010
Position: Representing the REAL Delta
Posts: 857
This is the new Delta, only required to operate 650,000 wide-body hours globally. The rest can be outsourced to any operator they choose. So far they have chosen to expand with the virtually merged subsidiaries. Brilliant business strategy really, but in does nothing to grow or maintain the Delta pilots international flying.
Korean was the pacific plan all along.
07-20-2017, 09:01 AM
#208
Gets Weekends Off
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,224
Are you saying they can do less if the Atlantic JV is in compliance? You have entirely the wrong perspective when evaluating this. Think like management, not a pilot.
07-20-2017, 09:07 AM
#209
Gets Weekends Off
Joined APC: Sep 2013
Position: On the hotel shuttle
Posts: 5,850
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