Any "Latest & Greatest" about Delta?
#2331
On Reserve
Joined APC: Jun 2008
Position: 737 FO
Posts: 21
Delta Pilot Profit Sharing
Does anybody know when we will see the stock from the merger in our accounts?
#2335
Superpilot, ha. Good one. But what I mean was new categories, to see what the computer would take. I was plugging away seeing outside of CVG ER was there anything else loaded in the system on the DAL side. If ER is in your system well thats good, you'll have an AE on it before we do.
#2336
On Reserve
Joined APC: Jun 2008
Position: 737 FO
Posts: 21
Well... it would have been better to get stock and have the option to sell the stock at some other point, because it is definitely priced low right now, and I don't see it going up by the beginning of the year.
#2337
On Reserve
Joined APC: Jun 2008
Position: 737 FO
Posts: 21
Not to scare anyone... but...
Airlines could cut more flights - USATODAY.com
Signs of weakening demand:
•Continental Airlines last week sharply reduced its forecast for a key benchmark of revenue growth for November. It now expects a 4% to 6% increase from a year ago in revenue per seat per mile flown instead of growth in the "low to mid-teens." Continental is the only U.S. airline that publishes such a forecast, but history has shown it to be a reliable gauge of industry trends.
FIND MORE STORIES IN: New Year | Delta | Continental Airlines | Express | Betsy Talton | American Express | after-Christmas
•A Southwest Airlines official says Continental's outlook conforms with her airline's. Tammy Romo, Southwest's vice president of financial planning, says trends have worsened in the month since the airline announced a 5% cutback in January flying capacity — a big reversal for an airline that's grown steadily for 34 years.
"We have seen signs of weakness in our recent booking and revenue trends," Romo says.
•American Express, one of the largest corporate travel agencies, forecast three weeks ago that 2009 coach fares typically paid by business travelers could range from down 3% to up 5%, depending on the length and severity of the U.S. economic downturn. Now it looks like the lower end of that forecast will prove most accurate because business travelers increasingly are seeking cheaper fares aimed mainly at leisure travelers, says AmEx spokeswoman Tracy Paurowski.
So how will airlines react?
In the past they turned to widespread price cutting. But this year's fare and fee hikes, along with recent drops in fuel prices, put profits in sight in 2009.
During earnings conference calls with analysts and reporters last month, executives at several airlines hinted their bias is toward further capacity cuts if demand weakens more. Officials at Delta, now the world's biggest carrier, have dropped the strongest such hints.
"Managing your capacity is critical to controlling your revenues," spokeswoman Betsy Talton says.
Signs of weakening demand:
•Continental Airlines last week sharply reduced its forecast for a key benchmark of revenue growth for November. It now expects a 4% to 6% increase from a year ago in revenue per seat per mile flown instead of growth in the "low to mid-teens." Continental is the only U.S. airline that publishes such a forecast, but history has shown it to be a reliable gauge of industry trends.
FIND MORE STORIES IN: New Year | Delta | Continental Airlines | Express | Betsy Talton | American Express | after-Christmas
•A Southwest Airlines official says Continental's outlook conforms with her airline's. Tammy Romo, Southwest's vice president of financial planning, says trends have worsened in the month since the airline announced a 5% cutback in January flying capacity — a big reversal for an airline that's grown steadily for 34 years.
"We have seen signs of weakness in our recent booking and revenue trends," Romo says.
•American Express, one of the largest corporate travel agencies, forecast three weeks ago that 2009 coach fares typically paid by business travelers could range from down 3% to up 5%, depending on the length and severity of the U.S. economic downturn. Now it looks like the lower end of that forecast will prove most accurate because business travelers increasingly are seeking cheaper fares aimed mainly at leisure travelers, says AmEx spokeswoman Tracy Paurowski.
So how will airlines react?
In the past they turned to widespread price cutting. But this year's fare and fee hikes, along with recent drops in fuel prices, put profits in sight in 2009.
During earnings conference calls with analysts and reporters last month, executives at several airlines hinted their bias is toward further capacity cuts if demand weakens more. Officials at Delta, now the world's biggest carrier, have dropped the strongest such hints.
"Managing your capacity is critical to controlling your revenues," spokeswoman Betsy Talton says.
#2338
Gets Weekends Off
Joined APC: Feb 2006
Position: A320 CA
Posts: 973
My understanding is that it may be stock or cash, but that it will be placed in our 401K account for tax purposes
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