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Is Delta Truly Strong as We have Been Told?

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Old 03-25-2020, 02:11 PM
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Originally Posted by notEnuf
I'm not buying this analysis for a few reasons. Our revenue is diversified among more than just passenger revenue more so than the others. Our corporate premium customers make up a greater percent of the revenue so as they come back our revenues accelerate faster. The federal assistance already negates a 0 revenue environment.
It was a scenario that modeled a 0 revenue stream for one year. No that said that revenue will stay at zero for one year.
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Old 03-25-2020, 02:13 PM
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double post

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Old 03-25-2020, 02:18 PM
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Delta debt to equity is 117 (mrq) United is 177. Isn’t that better for us? United market cap is 10 billion,delta is 24 billion, American is 6 billion. American has 33 billion in debt . How are we the worst?
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Old 03-25-2020, 02:21 PM
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Originally Posted by mesaba13
Delta debt to equity is 117 (mrq) United is 177. Isn’t that better for us? United market cap is 10 billion,delta is 24 billion, American is 6 billion. American has 33 billion in debt . How are we the worst?
I've been wondering the same thing.
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Old 03-25-2020, 02:34 PM
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Originally Posted by mesaba13
Delta debt to equity is 117 (mrq) United is 177. Isn’t that better for us? United market cap is 10 billion,delta is 24 billion, American is 6 billion. American has 33 billion in debt . How are we the worst?
Good question.

We have no unions except for the pilots and dispatchers, thus more flexibility. People will be working less days per week no negotiations required. We just had 13,000 volunteer to take unpaid leaves. Just borrowed a bunch ($5.6B?) to get through cash crunch. Lower debt. I read another analysis that had us as 2nd best after SWA. Now everyone has some government money and most will make it. I don’t see any majors going away.

I also don’t see the point in arguing who has the prettiest puppy right now. But if it makes the OP or other airline employees feel better - go ahead.
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Old 03-25-2020, 02:52 PM
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The other assumption it makes is only cash on hand. Delta has pulled two revolvers and raised a substantial amount additional cash.
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Old 03-25-2020, 04:31 PM
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Originally Posted by mesaba13
Delta debt to equity is 117 (mrq) United is 177. Isn’t that better for us? United market cap is 10 billion,delta is 24 billion, American is 6 billion. American has 33 billion in debt . How are we the worst?

Because this is about paying bills in the next 6 months.
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Old 03-25-2020, 04:35 PM
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Originally Posted by ERflyer
Good question.

We have no unions except for the pilots and dispatchers, thus more flexibility. People will be working less days per week no negotiations required. We just had 13,000 volunteer to take unpaid leaves. Just borrowed a bunch ($5.6B?) to get through cash crunch. Lower debt. I read another analysis that had us as 2nd best after SWA. Now everyone has some government money and most will make it. I don’t see any majors going away.

I also don’t see the point in arguing who has the prettiest puppy right now. But if it makes the OP or other airline employees feel better - go ahead.
they said close to 20,000 taking leaves for April. They only need 14500 pilots to take a hit also.

I was considering take a leave for may/june...after yesterday, im working until I get furlough.
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Old 03-25-2020, 05:11 PM
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Originally Posted by PilotJ3
they said close to 20,000 taking leaves for April. They only need 14500 pilots to take a hit also.

I was considering take a leave for may/june...after yesterday, im working until I get furlough.
Ditto. Had already checked the box for SIL in May but, now they can suck it. I'll take reserve guarantee until they give me a furlough letter.
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Old 03-25-2020, 05:17 PM
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If we are in a better position, then why are we being asked to make concessions compare to the other legacies? I stated this in another thread, I do not think we have the entire picture of what is going on.
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