Any "Latest & Greatest" about Delta?
09-16-2009, 06:32 AM
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StreetInsider.com - Delta Air Lines (DAL) To Offer $500M In Senior Notes
In the spirit of posting DAL related news links.
Do you think this an attempt to pay down "bad debt" to loosen up more capital in case a bidding war starts up between us and AMR over the JAL deal?
In the spirit of posting DAL related news links.
Do you think this an attempt to pay down "bad debt" to loosen up more capital in case a bidding war starts up between us and AMR over the JAL deal?
09-16-2009, 06:34 AM
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I am not hiding anything, but yes, there are a few things that I want to develop before I talk more about them.
09-16-2009, 06:35 AM
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09-16-2009, 06:40 AM
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I believe this is correct as well. It makes sense. The rules are being put into place to combat fatigue due to overwork and due to circadian rhythm. Overworking is the 8 legs a day thing, and circadian rhythm is the all nighter flights--ala Europe, Pac rim, S.A.
This may very well be a benefit for us not only in safety. but numbers as well. No doubt that this will be an issue in C2012 with sections 12 and 23.
I was a bit nervous when I heard Babbitt speak on this at the 2009 AVSEC conference. He asked, "Who is more tired, the guy who flew one leg over to Europe or the guy who flew 8 legs in and out of NY all day?" Of course, he wanted to say the guy in NY. My answer was, "Both." Been there, done both, and both are wiped out.
This may very well be a benefit for us not only in safety. but numbers as well. No doubt that this will be an issue in C2012 with sections 12 and 23.
I was a bit nervous when I heard Babbitt speak on this at the 2009 AVSEC conference. He asked, "Who is more tired, the guy who flew one leg over to Europe or the guy who flew 8 legs in and out of NY all day?" Of course, he wanted to say the guy in NY. My answer was, "Both." Been there, done both, and both are wiped out.
I agree with Sailing. We need to see these rule changes. They have stated that they will not be one size fits all.
They have talked in theory only about needing extra pilots next summer. I am sure that their 411 on this has precipitated this chatter. In the end the only thing that matters is what the final results are.
Also I do not see all of these rules taking effect for 12 months after they are published.
09-16-2009, 06:45 AM
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Hope you guys are right. This came from ALPA EVP level.
09-16-2009, 06:50 AM
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09-16-2009, 07:08 AM
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09-16-2009, 07:12 AM
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It may be part of it, but the gist of what I have been hearing is that this will not be a one size fits all!
09-16-2009, 07:25 AM
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Apparently Wall St. is liking our position. AMR's value is just over $2b, UAL is around $1.3b, LCC is hovering around $600m, and DAL is right up there with SWA with a market cap of around $9b. Following the big money says they like our position more so than anyone else right now.
09-16-2009, 07:28 AM
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Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
Apparently Wall St. is liking our position. AMR's value is just over $2b, UAL is around $1.3b, LCC is hovering around $600m, and DAL is right up there with SWA with a market cap of around $9b. Following the big money says they like our position more so than anyone else right now.
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