Any "Latest & Greatest" about Delta?
04-15-2015, 03:45 PM
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,730
Evidently you 777 guys have heavy discussions that would make the pink Financial Times proud.
We 717 guys basically ask "wife, kids, where do you live" and expect nothing more than a "Yes, 2, Newnan, visual backed up by ILS, 1199 and baro, missed with tower", end of back story and then start back down.
We 717 guys basically ask "wife, kids, where do you live" and expect nothing more than a "Yes, 2, Newnan, visual backed up by ILS, 1199 and baro, missed with tower", end of back story and then start back down.
You domestic guys don't have enough time between pulling the gear up and putting it down to get into China's economy and Russian politics.
As I tell my F/O's,
"I'm not aware of too many things, I know what I know, if you know what I mean. Choke me in the shallow water, before I get to... deep."
https://www.youtube.com/watch?v=tDl3bdE3YQA
04-15-2015, 03:47 PM
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
04-15-2015, 03:47 PM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Delta Air Lines Inc., bowing to pressure from the strong dollar and lower travel demand from oil-dependent economies, on Wednesday said it would cut its overseas capacity by 3% this winter—or a 6% reduction from prior plans.
The biggest year-over-year cuts will come on routes to Japan, Brazil, Africa, India and the Middle East, it said, along with the seasonal suspension of service to Moscow. The company said those moves, which will result in flat capacity overall in the fourth quarter, should help return its unit-revenue performance to growth after several quarters of declines.
The biggest year-over-year cuts will come on routes to Japan, Brazil, Africa, India and the Middle East, it said, along with the seasonal suspension of service to Moscow. The company said those moves, which will result in flat capacity overall in the fourth quarter, should help return its unit-revenue performance to growth after several quarters of declines.
04-15-2015, 03:52 PM
Gets Weekends Off
Joined APC: Sep 2013
Position: On the hotel shuttle
Posts: 5,907
Looks like a 2% reduction in international flying this winter. SVO suspended. 20% reduction in Japan. Also India and Africa. (Didn't know we still flew to India.)
04-15-2015, 03:54 PM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Well, when you have to kill 17 hours every leg, you can get pretty deep.
You domestic guys don't have enough time between pulling the gear up and putting it down to get into China's economy and Russian politics.
As I tell my F/O's,
"I'm not aware of too many things, I know what I know, if you know what I mean. Choke me in the shallow water, before I get to... deep."
https://www.youtube.com/watch?v=tDl3bdE3YQA
You domestic guys don't have enough time between pulling the gear up and putting it down to get into China's economy and Russian politics.
As I tell my F/O's,
"I'm not aware of too many things, I know what I know, if you know what I mean. Choke me in the shallow water, before I get to... deep."
https://www.youtube.com/watch?v=tDl3bdE3YQA
So when you get on the 88 to JS home you should ask the FO what he thinks of the stock price.
"500 degrees."
No the stock price.
"Huh? Yeah. 500 degrees. 500 degrees. 500 degrees. WHY! WHY MUST THE NEEDLE GO TO 500 DEGREES EVERY FREAKING TIME."
04-15-2015, 03:59 PM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Delta announced plans to trim its international flights by 3% this winter, blaming the strong dollar and declining energy prices.
The airline will cut back on overseas routes to destinations it says have been particularly impacted by currency headwinds and where demand has weakened because of cheap gas.
Among the places on its chopping block are Japan, Brazil, Africa, India and the Middle East, where it will slash service by as much as 20%. It plans to entirely scrap its Moscow route over the winter.
The Atlanta-based carrier also reported a rise in its first quarter profit on Wednesday, saying the strong dollar has ultimately been a net positive and cheaper gas is boosting its bottom line.
“While the strong dollar is creating headwinds with international revenues, it also contributes to the lower fuel prices which will offset those headwinds with over $2 billion in fuel savings this year,” said CEO Richard Anderson in a statement.
04-15-2015, 04:06 PM
:-)
Joined APC: Feb 2007
Posts: 7,339
I disagree with the China collapse conclusion. Big cities in China are running on all cylinders. There has been some manufacturing loss to SE Asia, but collapse might be a little of an extreme view. Yes there are some cities where nobody live, but speculators still bought the properties. China's goal is full employment for their population, in that area, they succeed magnificently. China has resistant significant pressure to free float the yuan/renminbi because it would be worth 3 times what it's worth overnight. They own our debt. If they dump our debt on the market, America and the dollar collapse just like the ruble of 1990.
Delta isn't reducing flights to China.
Europe, meh. The world knows the Euro will stop being a currency eventually. Then what? Greece prints Drachmas and gets to have fake nirvana all over again. Spain prints, Portugal prints their own and so on. Last I checked, visa and MasterCard were accepted in all of Europe. There's your euro. The EU violated their own terms with the simple act of giving bailouts. The good news is, the borders are more open than they were pre-EU. So trade is done in dollars. I got no problem with that. And the countries that used to be cheap to go visit pre-euro will be cheap again. Germany will always be the powerhouse in Europe. England was wise to not join in the tomfoolery. Even though I understand Deltas business decision, although on a personal level I don't like it, I tend to agree with you assertion that code shares will do the flying...although I'm not certain that equates to holding the bag.
So two observations about Europe, One, what does this do to our codeshare percentages and what's ALPAs response...and two, given the potential for meltdown in Europe, with Delta obviously positioning themselves to be on the sidelines, when is the timing right to short the market?
Delta isn't reducing flights to China.
Europe, meh. The world knows the Euro will stop being a currency eventually. Then what? Greece prints Drachmas and gets to have fake nirvana all over again. Spain prints, Portugal prints their own and so on. Last I checked, visa and MasterCard were accepted in all of Europe. There's your euro. The EU violated their own terms with the simple act of giving bailouts. The good news is, the borders are more open than they were pre-EU. So trade is done in dollars. I got no problem with that. And the countries that used to be cheap to go visit pre-euro will be cheap again. Germany will always be the powerhouse in Europe. England was wise to not join in the tomfoolery. Even though I understand Deltas business decision, although on a personal level I don't like it, I tend to agree with you assertion that code shares will do the flying...although I'm not certain that equates to holding the bag.
So two observations about Europe, One, what does this do to our codeshare percentages and what's ALPAs response...and two, given the potential for meltdown in Europe, with Delta obviously positioning themselves to be on the sidelines, when is the timing right to short the market?
I totally disagree with the notion of the dollar collapsing on China dumping our debt, they don't own enough of it. A currency collapse is a government scam, not a monetary phenomenon as so many try and claim. -My opinion of course.
04-15-2015, 04:08 PM
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
Central bank intervention has made timing the market Russian roulette, I refuse to play that game. I think on China though, it's about keeping up the velocity of money, full employment seems to be the cover story. Plus, every number that comes out of China is a fabrication, I don't think anyone knows for sure where they stand. However, empty cities everywhere says gigantic bubble economy to me. Furthermore, the cities firing on all cylinders have huge populations living in the sewers. That's the catch 22, because those people can't get out of those sewers, and into those empty cities, until the yuan appreciates. That will end in tears, it always does.
I totally disagree with the notion of the dollar collapsing on China dumping our debt, they don't own enough of it. A currency collapse is a government scam, not a monetary phenomenon as so many try and claim. -My opinion of course.
I totally disagree with the notion of the dollar collapsing on China dumping our debt, they don't own enough of it. A currency collapse is a government scam, not a monetary phenomenon as so many try and claim. -My opinion of course.
04-15-2015, 04:19 PM
Gets Weekends Off
Joined APC: Sep 2007
Posts: 1,238
China holds 7.2% of our national debt, and Japan holds 7.0%
Not too worried about China dumping it, and who'd buy it anyway?
Not too worried about China dumping it, and who'd buy it anyway?
04-15-2015, 04:28 PM
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
China's holdings are $1.2 trillion. If they dumped it, we'd have to buy it. But if they dumped it, it would start a chain reaction. I'm not saying it's going to happen in any way shape or form. I'm just saying China is not imploding. They are creating wealth. Funny thing is the wealthy Chinese often want to become US citizens.
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