Any "Latest & Greatest" about Delta?
09-03-2012, 03:04 PM
Banned
Joined APC: Apr 2010
Posts: 394
In any case, we'll all know in time.
09-03-2012, 03:27 PM
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
Ever notice Wall Street types are always talking about what oil is going to; but, oil companies don't because they know the price forecast is always wrong. Oil companies also know refining is cyclical, it loses as often as it wins and basicly its the worst part of the biz to be in.
In any case, we'll all know in time.
In any case, we'll all know in time.
My take; the refinery pays for itself in 1 year - after that it doesn't matter.
It is another form of vertical integration. It is no different than paying a lawn service $1000/year to mow your grass, then going out to buy your own push mower for $300 and doing it yourself.
09-03-2012, 03:30 PM
Gets Weekends Off
Joined APC: Aug 2010
Posts: 2,530
They say things like this to elicit a particular response.
09-03-2012, 03:46 PM
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
And those who don't think BOTH ALPA and the company used the propaganda of potential new hires to help SELL the TA, needsmto buy the Brooklyn Bridge. Sorta like, "Give us concessions or we may be forced to furlough or file for CH11 or eliminate the pension.".
They say things like this to elicit a particular response.
They say things like this to elicit a particular response.
As for this deal, well, we bought it, and now it's ours. Was told that the FTDT loa starts negotiation October. That right there could cut as many if not more jobs than the TA.
As for how it's was sold or not sold, take that up with the current reps and those that work for them.
09-03-2012, 03:48 PM
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
In the long run, you may be right. Oil for the past 4+ years has been a vehicle for speculation (gambling) due to etf's.
My take; the refinery pays for itself in 1 year - after that it doesn't matter.
It is another form of vertical integration. It is no different than paying a lawn service $1000/year to mow your grass, then going out to buy your own push mower for $300 and doing it yourself.
My take; the refinery pays for itself in 1 year - after that it doesn't matter.
It is another form of vertical integration. It is no different than paying a lawn service $1000/year to mow your grass, then going out to buy your own push mower for $300 and doing it yourself.
Maybe they will buy another one in a different part of the country.
09-03-2012, 05:21 PM
Gets Weekends Off
Joined APC: Jun 2009
Posts: 5,113
I agree with you and the others. It remains to be seen whether we hire or not, so you can't say the net result will be a lie, but the premise was laid. Short of a set of new circumstances that could not be foreseen in June, if there is no hirin', there was some lyin'.
09-03-2012, 05:23 PM
Gets Weekends Off
Joined APC: Aug 2006
Position: C130
Posts: 303
Long term, the refinery was a very smart move. Takes some volatility out of our 12 Bln dollar expense. I just wish we would have kept all of the product to sell, but understand the arrangement de-risks it.
Maybe they will buy another one in a different part of the country.
Maybe they will buy another one in a different part of the country.
09-03-2012, 06:01 PM
meh
Joined APC: Oct 2010
Posts: 828
speaking of oily crack spread, the backdoor entry for the package isn't working yet. Erm, the Oct bid package that is.
09-03-2012, 06:05 PM
Gets Weekends Off
Joined APC: Aug 2010
Posts: 2,530
is all I will say......
09-03-2012, 06:12 PM
Gets Weekends Off
Joined APC: Apr 2009
Posts: 1,579
In our favor or against us?
Have not heard that no furloughs were the quid for the concessions. Doesn't make sense either way. I know it was tic but putting it out there.
As for this deal, well, we bought it, and now it's ours. Was told that the FTDT loa starts negotiation October. That right there could cut as many if not more jobs than the TA.
As for how it's was sold or not sold, take that up with the current reps and those that work for them.
As for this deal, well, we bought it, and now it's ours. Was told that the FTDT loa starts negotiation October. That right there could cut as many if not more jobs than the TA.
As for how it's was sold or not sold, take that up with the current reps and those that work for them.
Thread
Thread Starter
Forum
Replies
Last Post
