Any "Latest & Greatest" about Delta?
06-27-2012, 12:45 PM
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Posts: 1,886
This just in: "Delta Air Lines says it will likely post a loss for the second quarter. Delta lost money on fuel hedges in May and June, which pushed its fuel costs for the quarter to $3.37 per gallon." Record profits indeed! BTW: I'm not predicting doom and gloom, I'm just hedging against it. Additionally, nearly everything in that last “doom and gloom” statement has already occurred. No “foolish” predictions are necessary. If you choose to ignore them, it is your prerogative. Oh, and one more thing: Most of what is happening in the world today is unprecedented. It’s not as benign and simple as you put it, “That is always crap going on and if you want to focus on that you can, but the fact is that the sky is not falling. What you wrote about the future boils down to foolishness really...” I’m glad you can sit back and relax without a care while the World is on fire. I truly hope that works out for ya.
Delta Air Lines Announces June Quarter Profit - Jul 27, 2011
Last year it was $366M for the 2Q, this year it'll be double, minus special items (like $155M in hedging losses).
06-27-2012, 12:50 PM
Gets Weekends Off
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Posts: 1,226
You have to remember how old Carl is. Way back in the stone age airline pilots flew mail. They navigated by bonfires and the mark one eyeball. Someone got the bright idea to put some passengers on the mailbags. Young Carl's boss bought a bunch of surplus WWI airplanes to cash in on the demand the self loading freight brought. Self loading freight = people.
At this time young Carl had a bad case of WPS. WPS stands for wooden prop syndrome and is similar to shiny jet syndrome that we have today. Carl sold his little sister to some sweat shop for flight lessons. He was soon hired to fly that cool plane with two wings.
Unfortunately those passengers didn't like to travel year round. Poor Carl's first furlough happened in September of 1937. Right after the summer rush. He was so devastated he almost quit flying. Instead he got a job selling Model A Fords at the local dealer. This boom and bust, fly the summer, furlough through the winter cycle lasted five years. By this time Carl accumulated enough time to move on to the big show.......monoplanes!!!!
While I don't know Carl's real story I do know there are many crummy flying jobs out there where the bottom third are furloughed each fall. I'm sure hard work along with a little luck has gotten him where he is today. Enjoy the 747 and retire when your ready Carl. In the meantime, does anyone have Tanya Hardings number? I'm sure she could use a few bucks wacking our senior pilots ankles. She could help with our career stagnation problem! Hahaha
At this time young Carl had a bad case of WPS. WPS stands for wooden prop syndrome and is similar to shiny jet syndrome that we have today. Carl sold his little sister to some sweat shop for flight lessons. He was soon hired to fly that cool plane with two wings.
Unfortunately those passengers didn't like to travel year round. Poor Carl's first furlough happened in September of 1937. Right after the summer rush. He was so devastated he almost quit flying. Instead he got a job selling Model A Fords at the local dealer. This boom and bust, fly the summer, furlough through the winter cycle lasted five years. By this time Carl accumulated enough time to move on to the big show.......monoplanes!!!!
While I don't know Carl's real story I do know there are many crummy flying jobs out there where the bottom third are furloughed each fall. I'm sure hard work along with a little luck has gotten him where he is today. Enjoy the 747 and retire when your ready Carl. In the meantime, does anyone have Tanya Hardings number? I'm sure she could use a few bucks wacking our senior pilots ankles. She could help with our career stagnation problem! Hahaha
06-27-2012, 01:41 PM
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I understand it was alot different back then but I am curious if it was Northwest, because that would be complete BS. I am just trying to figure the guy out, especially with his DPA agenda. The 5 in 5 seems like an attempt to solidify his position on having the JR guys backs and knowing what career stagnation is like at DAL. I am just curious if it is truth or not. If it was somewhere else I apologize for the questioning.
06-27-2012, 02:12 PM
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I had a buddy who was furloughed by Northwest Airlines twice since 2000, now with Delta. I don't know the history of furloughs at Northwest or the former Republic Airlines, which was acquired by Northwest in 1986. But Carl's statement does not surprise me, given the tense labor relations at the former Northwest Airlines prior to the merger with Delta.
06-27-2012, 02:14 PM
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06-27-2012, 02:23 PM
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06-27-2012, 02:28 PM
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I had a buddy who was furloughed by Northwest Airlines twice since 2000, now with Delta. I don't know the history of furloughs at Northwest or the former Republic Airlines, which was acquired by Northwest in 1986. But Carl's statement does not surprise me, given the tense labor relations at the former Northwest Airlines prior to the merger with Delta.
06-27-2012, 02:30 PM
Gets Weekends Off
Joined APC: Nov 2009
Position: AN124 FE
Posts: 1,226
I had a buddy who was furloughed by Northwest Airlines twice since 2000, now with Delta. I don't know the history of furloughs at Northwest or the former Republic Airlines, which was acquired by Northwest in 1986. But Carl's statement does not surprise me, given the tense labor relations at the former Northwest Airlines prior to the merger with Delta.
06-27-2012, 03:01 PM
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06-27-2012, 03:27 PM
Back on TDY
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Position: 747-400 Captain
Posts: 12,487
3. While I agree that our management made many expensive blunders, most experts have said that during the really bad times and high fuel prices, the only reason SWA made money is because of their fuel hedges. This allowed them to remain debt free when everyone else was hemorrhaging.
4. While all that is probably true, it still does not negate the fact that it remains a very simple and easy strategy to cling to when one’s business model supports it and is conducive to it.
5. If you were a junior DAL 737-800 Captain instead of a DAL 744 Captain with plenty of time remaining to reach number on the list (assuming you aren’t already number one), your recommendation for new hires to go to SWA’s might have a little more credibility. I know you mean well though.
4. While all that is probably true, it still does not negate the fact that it remains a very simple and easy strategy to cling to when one’s business model supports it and is conducive to it.
5. If you were a junior DAL 737-800 Captain instead of a DAL 744 Captain with plenty of time remaining to reach number on the list (assuming you aren’t already number one), your recommendation for new hires to go to SWA’s might have a little more credibility. I know you mean well though.
Carl
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