Any "Latest & Greatest" about Delta?
10-15-2014, 02:35 AM
Gets Weekends Off
Joined APC: Jan 2008
Position: 737A
Posts: 1,890
10-15-2014, 02:36 AM
Gets Weekends Off
Joined APC: Oct 2013
Posts: 1,299
10-15-2014, 02:40 AM
Gets Weekends Off
Joined APC: Oct 2013
Posts: 1,299
Moak was Will Buergey's EA. Will was MEC Chairman just prior to Malone. I hear that talks had already begun on post-9/11 concessions during Will's term, but the bulk of the agreement was reached while Moak was flying the line.
10-15-2014, 02:40 AM
Gets Weekends Off
Joined APC: Jul 2007
Position: Left seat of a little plane
Posts: 2,431
I am the first to admit that I truly have no clue. What I do know is that DAL has had hedges go south due to rapid drops in oil prices on numerous occasions the past decade. (To be fair SWA got walloped a few years ago as well).
DAL has long claimed that they don't hedge to time the market but rather have a predictable fuel bill for the budget. Fair enough. But hedging doesn't come for free, and for every buyer and seller who thinks that they have some insights there is a counterpoint who feels the opposite.
I am just curious and nothing more. If we had never hedged since 2000 (as an arbitrary date) would we be better off, the same or worse off in the aggregate over the years?
If the answer is 'better off" or "about the same" then that is an awful lot of time and effort spent on not very much benefit. Sure you will see the quarter where hedging benefitted us well, but it seems there is always another quarter where it bit us.
But I am no expert for sure!
DAL has long claimed that they don't hedge to time the market but rather have a predictable fuel bill for the budget. Fair enough. But hedging doesn't come for free, and for every buyer and seller who thinks that they have some insights there is a counterpoint who feels the opposite.
I am just curious and nothing more. If we had never hedged since 2000 (as an arbitrary date) would we be better off, the same or worse off in the aggregate over the years?
If the answer is 'better off" or "about the same" then that is an awful lot of time and effort spent on not very much benefit. Sure you will see the quarter where hedging benefitted us well, but it seems there is always another quarter where it bit us.
But I am no expert for sure!
10-15-2014, 03:15 AM
Gets Weekends Off
Joined APC: Nov 2013
Position: DAL 757 FO
Posts: 196
From the AMS meeting.
-900 to 950 million in profit sharing
-We had 14c per gallon fuel cost advantage. Losing it however because it was from hedges that are going south fast.
-Domestic mainline fleet count will reach 667 in 2015 up from 594
-NRT was 80% of Orient traffic. Will be down to 50% next year but should stabilize. Beach traffic strong.
-747's losing 150 million a year. Expect 3 to 4 parked each fall until gone. No displacements this year if 25 pilots take ER.
-757 domestic fleet will go down to 76 airframes plus the internationals and 300's. NBA contract not inked but if it happens 10 to 14 more 757's.
-737-900 Very happy with airframe. Very low transcon cost.
-717-pleasant surprise, very reliable.
-off sight 717, 737, 330 training will be required to meet demand.
-decision to shift west coast future feed from 717 to 737. Possible 737 base in SEA.
-330 base bid early 2015 for NYC funded by new airframes.
-left 2500 757 block hours unused in JUL and Aug due to crew shortage. Not enough notice from marketing.
-would like 777 temporary bases to reduce credit.
-SEA airport working hard with us for additional gates and customs facilities.
-additional pilot widebody block hours will be in SEA and JFK. Other bases stable except DTW which may shrink some.
RFP, it was asked that comments stay off the forums however decision should be released 4 to 5 days after BOD meeting.
-900 to 950 million in profit sharing
-We had 14c per gallon fuel cost advantage. Losing it however because it was from hedges that are going south fast.
-Domestic mainline fleet count will reach 667 in 2015 up from 594
-NRT was 80% of Orient traffic. Will be down to 50% next year but should stabilize. Beach traffic strong.
-747's losing 150 million a year. Expect 3 to 4 parked each fall until gone. No displacements this year if 25 pilots take ER.
-757 domestic fleet will go down to 76 airframes plus the internationals and 300's. NBA contract not inked but if it happens 10 to 14 more 757's.
-737-900 Very happy with airframe. Very low transcon cost.
-717-pleasant surprise, very reliable.
-off sight 717, 737, 330 training will be required to meet demand.
-decision to shift west coast future feed from 717 to 737. Possible 737 base in SEA.
-330 base bid early 2015 for NYC funded by new airframes.
-left 2500 757 block hours unused in JUL and Aug due to crew shortage. Not enough notice from marketing.
-would like 777 temporary bases to reduce credit.
-SEA airport working hard with us for additional gates and customs facilities.
-additional pilot widebody block hours will be in SEA and JFK. Other bases stable except DTW which may shrink some.
RFP, it was asked that comments stay off the forums however decision should be released 4 to 5 days after BOD meeting.
10-15-2014, 03:21 AM
Straight QOL, homie
Joined APC: Feb 2012
Position: Record-Shattering Profit Facilitator
Posts: 4,202
I'm done saying goodbye to pax until this Ebola thing subsides.
http://www.usnews.com/news/blogs/dat...one-with-ebola
http://www.usnews.com/news/blogs/dat...one-with-ebola
10-15-2014, 04:00 AM
Gets Weekends Off
Joined APC: Jan 2006
Position: Right Seat 744
Posts: 946
10-15-2014, 04:08 AM
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,730
From the AMS meeting.
-900 to 950 million in profit sharing
-We had 14c per gallon fuel cost advantage. Losing it however because it was from hedges that are going south fast.
-Domestic mainline fleet count will reach 667 in 2015 up from 594
-NRT was 80% of Orient traffic. Will be down to 50% next year but should stabilize. Beach traffic strong.
-747's losing 150 million a year. Expect 3 to 4 parked each fall until gone. No displacements this year if 25 pilots take ER.
-757 domestic fleet will go down to 76 airframes plus the internationals and 300's. NBA contract not inked but if it happens 10 to 14 more 757's.
-737-900 Very happy with airframe. Very low transcon cost.
-717-pleasant surprise, very reliable.
-off sight 717, 737, 330 training will be required to meet demand.
-decision to shift west coast future feed from 717 to 737. Possible 737 base in SEA.
-330 base bid early 2015 for NYC funded by new airframes.
-left 2500 757 block hours unused in JUL and Aug due to crew shortage. Not enough notice from marketing.
-would like 777 temporary bases to reduce credit.
-SEA airport working hard with us for additional gates and customs facilities.
-additional pilot widebody block hours will be in SEA and JFK. Other bases stable except DTW which may shrink some.
RFP, it was asked that comments stay off the forums however decision should be released 4 to 5 days after BOD meeting.
-900 to 950 million in profit sharing
-We had 14c per gallon fuel cost advantage. Losing it however because it was from hedges that are going south fast.
-Domestic mainline fleet count will reach 667 in 2015 up from 594
-NRT was 80% of Orient traffic. Will be down to 50% next year but should stabilize. Beach traffic strong.
-747's losing 150 million a year. Expect 3 to 4 parked each fall until gone. No displacements this year if 25 pilots take ER.
-757 domestic fleet will go down to 76 airframes plus the internationals and 300's. NBA contract not inked but if it happens 10 to 14 more 757's.
-737-900 Very happy with airframe. Very low transcon cost.
-717-pleasant surprise, very reliable.
-off sight 717, 737, 330 training will be required to meet demand.
-decision to shift west coast future feed from 717 to 737. Possible 737 base in SEA.
-330 base bid early 2015 for NYC funded by new airframes.
-left 2500 757 block hours unused in JUL and Aug due to crew shortage. Not enough notice from marketing.
-would like 777 temporary bases to reduce credit.
-SEA airport working hard with us for additional gates and customs facilities.
-additional pilot widebody block hours will be in SEA and JFK. Other bases stable except DTW which may shrink some.
RFP, it was asked that comments stay off the forums however decision should be released 4 to 5 days after BOD meeting.
And since both the 777 and 747 are based in DTW, and they are going to park 747's and move 777's out, to reduce credit, yeah, I think DTW is going to shrink... plenty!
Those are the top paying jobs, remember, sh!t rolls downhill.
At least we're replacing 757's with 737's and we're getting more 717's.
All you wide body Capt.s and F/O's will LOVE flying those!
10-15-2014, 04:29 AM
Works Every Weekend
Joined APC: Dec 2007
Position: 737 ATL
Posts: 3,506
I'm done saying goodbye to pax until this Ebola thing subsides.
U.S. Isn't Done With Ebola - US News
U.S. Isn't Done With Ebola - US News
I'm not a germophobe but I've always been a little unsure about the wisdom of the handshaking. I've always done it though. Now there's no way I'm doing it. I'm not sure I'll be standing in the door anymore either.
The CDC policy is a joke. Questionnaires and taking temperatures. If the CDC is not going to keep people from the Ebola countries from flying, at least I don't have to stand there and expose myself to them.
10-15-2014, 04:52 AM
Gets Weekends Off
Joined APC: Apr 2007
Position: Flying the SEC
Posts: 2,350
Ebola transmission by aerosols confirmed: virus survives for days outside infected hosts - NaturalNews.com
Check, you don't have to shake hands to get it. Say an infected person uses the lab mid flight and gets some nasal discharge on the flush handle or sink or sneezes in the room. Ebola, according to the Canadian Public Health Service, "can live for days outside the host on surfaces". I've read it's only hours from other sources. But the bottom line is if an infected person uses the lave and touches the door knob leaving if you subsequently use that lav you are at risk.
The decision not to close the borders to Ebola infested nations is a political one related to the fight over amnesty and our failure to secure our borders generally IMHO.
Check, you don't have to shake hands to get it. Say an infected person uses the lab mid flight and gets some nasal discharge on the flush handle or sink or sneezes in the room. Ebola, according to the Canadian Public Health Service, "can live for days outside the host on surfaces". I've read it's only hours from other sources. But the bottom line is if an infected person uses the lave and touches the door knob leaving if you subsequently use that lav you are at risk.
The decision not to close the borders to Ebola infested nations is a political one related to the fight over amnesty and our failure to secure our borders generally IMHO.
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