Any "Latest & Greatest" about Delta?
03-04-2013, 07:01 PM
Da Hudge
Joined APC: Oct 2006
Position: Poodle Whisperer
Posts: 17,473
03-04-2013, 07:05 PM
Gets Weekends Off
Joined APC: Sep 2008
Position: Kickin’ Back
Posts: 6,971
Thanks NewK and 80!! Like I said, hopefully it's my last long school!!
I'll be on here more to pick all y'alls brains for sitting reserve although that probably won't matter as I'm waaaaayyyyy junior on it. Fortunately I'm a half hour drive to the airport!!
Denny
I'll be on here more to pick all y'alls brains for sitting reserve although that probably won't matter as I'm waaaaayyyyy junior on it. Fortunately I'm a half hour drive to the airport!!Denny
03-04-2013, 07:07 PM
Gets Weekends Off
Joined APC: Sep 2008
Position: Kickin’ Back
Posts: 6,971
Denny
03-04-2013, 07:08 PM
seeing the large hubs...
Joined APC: Oct 2006
Position: 73N A
Posts: 3,716
The 400 Blows (1959) - IMDb
(I actually think the B747 is a great plane, saw this video at the library, had to post it)
03-04-2013, 07:12 PM
Gets Weekends Off
Joined APC: Feb 2007
Position: 765-A
Posts: 6,844
03-04-2013, 07:40 PM
Gets Weekends Off
Joined APC: Feb 2012
Position: A big one that looks like a little one
Posts: 633
The quote from Ed at the JP Morgan conference regarding widebodies and CapEx. From www.seekingalpha.com
Unknown Analyst
Your peak CapEx was over $4 billion a year. I think right now, you're under $2 billion. And for the foreseeable future, I'm just sort of wondering, are you on a CapEx holiday or is less than $2 billion in CapEx sustainable?
Edward H. Bastian - President and Director
I think it's a sustainable. I don't know about less than $2 billion, but certainly, and you can see it for the last couple of years, we've been about $2 billion. I do think it's a sustainable. When you look at the domestic restructuring that we're doing, that's all funded and predicated on staying within that bounds. Long term, we do need to evaluate our widebody needs. We currently have one of the younger widebody fleets in the industry. As compared to our domestic this, our widebody fleet is much younger. We've just finished a significant overhaul. We're putting the new product into our international widebodies. We spent over $1 billion doing that in the last 2 years, and we would have not spent that money if we thought we're going to be starting on a large new widebody order. Now there will be opportunities in the marketplace selectively to add to our widebodies, and so we'll be talking to your -- people like Mr. Eccleston here, your next-door neighbor. But we do have a, I think, long-term sustainable strategy in that $2 billion plus or minus $300 million or $400 million given what's going on in any individual year. I see no way that we'd ever get back to that $3 billion to $4 billion run rate the company was 10 years ago. Can't envision that.
Unknown Analyst
Your peak CapEx was over $4 billion a year. I think right now, you're under $2 billion. And for the foreseeable future, I'm just sort of wondering, are you on a CapEx holiday or is less than $2 billion in CapEx sustainable?
Edward H. Bastian - President and Director
I think it's a sustainable. I don't know about less than $2 billion, but certainly, and you can see it for the last couple of years, we've been about $2 billion. I do think it's a sustainable. When you look at the domestic restructuring that we're doing, that's all funded and predicated on staying within that bounds. Long term, we do need to evaluate our widebody needs. We currently have one of the younger widebody fleets in the industry. As compared to our domestic this, our widebody fleet is much younger. We've just finished a significant overhaul. We're putting the new product into our international widebodies. We spent over $1 billion doing that in the last 2 years, and we would have not spent that money if we thought we're going to be starting on a large new widebody order. Now there will be opportunities in the marketplace selectively to add to our widebodies, and so we'll be talking to your -- people like Mr. Eccleston here, your next-door neighbor. But we do have a, I think, long-term sustainable strategy in that $2 billion plus or minus $300 million or $400 million given what's going on in any individual year. I see no way that we'd ever get back to that $3 billion to $4 billion run rate the company was 10 years ago. Can't envision that.
03-04-2013, 07:47 PM
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,728
"We currently have one of the younger widebody fleets in the industry. As compared to our domestic this, our widebody fleet is much younger. We've just finished a significant overhaul. We're putting the new product into our international widebodies. We spent over $1 billion doing that in the last 2 years, and we would have not spent that money if we thought we're going to be starting on a large new widebody order. Now there will be opportunities in the marketplace selectively to add to our widebodies, and so we'll be talking to your -- people like Mr. Eccleston here, your next-door neighbor."
Translation:
We are only going to buy a few used widebodys, if/when we can find them...or not.
Translation:
We are only going to buy a few used widebodys, if/when we can find them...or not.
03-04-2013, 09:08 PM
Gets Weekends Off
Joined APC: Jul 2011
Posts: 273
The quote from Ed at the JP Morgan conference regarding widebodies and CapEx. From www.seekingalpha.com
Unknown Analyst
Your peak CapEx was over $4 billion a year. I think right now, you're under $2 billion. And for the foreseeable future, I'm just sort of wondering, are you on a CapEx holiday or is less than $2 billion in CapEx sustainable?
Edward H. Bastian - President and Director
I think it's a sustainable. I don't know about less than $2 billion, but certainly, and you can see it for the last couple of years, we've been about $2 billion. I do think it's a sustainable. When you look at the domestic restructuring that we're doing, that's all funded and predicated on staying within that bounds. Long term, we do need to evaluate our widebody needs. We currently have one of the younger widebody fleets in the industry. As compared to our domestic this, our widebody fleet is much younger. We've just finished a significant overhaul. We're putting the new product into our international widebodies. We spent over $1 billion doing that in the last 2 years, and we would have not spent that money if we thought we're going to be starting on a large new widebody order. Now there will be opportunities in the marketplace selectively to add to our widebodies, and so we'll be talking to your -- people like Mr. Eccleston here, your next-door neighbor. But we do have a, I think, long-term sustainable strategy in that $2 billion plus or minus $300 million or $400 million given what's going on in any individual year. I see no way that we'd ever get back to that $3 billion to $4 billion run rate the company was 10 years ago. Can't envision that.
Unknown Analyst
Your peak CapEx was over $4 billion a year. I think right now, you're under $2 billion. And for the foreseeable future, I'm just sort of wondering, are you on a CapEx holiday or is less than $2 billion in CapEx sustainable?
Edward H. Bastian - President and Director
I think it's a sustainable. I don't know about less than $2 billion, but certainly, and you can see it for the last couple of years, we've been about $2 billion. I do think it's a sustainable. When you look at the domestic restructuring that we're doing, that's all funded and predicated on staying within that bounds. Long term, we do need to evaluate our widebody needs. We currently have one of the younger widebody fleets in the industry. As compared to our domestic this, our widebody fleet is much younger. We've just finished a significant overhaul. We're putting the new product into our international widebodies. We spent over $1 billion doing that in the last 2 years, and we would have not spent that money if we thought we're going to be starting on a large new widebody order. Now there will be opportunities in the marketplace selectively to add to our widebodies, and so we'll be talking to your -- people like Mr. Eccleston here, your next-door neighbor. But we do have a, I think, long-term sustainable strategy in that $2 billion plus or minus $300 million or $400 million given what's going on in any individual year. I see no way that we'd ever get back to that $3 billion to $4 billion run rate the company was 10 years ago. Can't envision that.
03-05-2013, 03:48 AM
Gets Weekends Off
Joined APC: Mar 2008
Posts: 3,858
Or emailing your rep?
In DTW, they hold the LEC meetings right at the airport. Doesn't get much easier than that.
As for voting, there are many aspects driven by federal labor laws. That said, I'm not sure how writing a person's name on a card, mailing it in (no stamp required), and following up by clicking a few links a few weeks later can be considered difficult.
Nu
03-05-2013, 03:57 AM
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,728
From Ed above: "We've just finished a significant overhaul. We're putting the new product into our international widebodies. We spent over $1 billion doing that in the last 2 years, and we would have not spent that money if we thought we're going to be starting on a large new widebody order."
Perhaps Ed meant he would be talking to Barry about a narrow body order, since he did say they had invested money in our wide body fleet already (lie flat seats) and said it is a younger fleet than our narrow body fleet?
Perhaps Ed meant he would be talking to Barry about a narrow body order, since he did say they had invested money in our wide body fleet already (lie flat seats) and said it is a younger fleet than our narrow body fleet?
Thread
Thread Starter
Forum
Replies
Last Post
