Any "Latest & Greatest" about Delta?
04-20-2010, 08:08 AM
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04-20-2010, 08:12 AM
Happy to be here
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Position: A-320A
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04-20-2010, 08:15 AM
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Joined APC: Jun 2006
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As for Boeing, yep, and if you want more weight, etc you will pay for every pound. They invented a la cart.
04-20-2010, 09:07 AM
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Go check out the Central Region News out of CVG's CPO.
Bad pilots! Do not play Reserve Roulette. Some good tidbits as well.
Bad pilots! Do not play Reserve Roulette. Some good tidbits as well.
04-20-2010, 09:32 AM
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
I guess blaring violin music was chosen because the "Best of American Idol" isn't available or appropriate. If it was me it'd be Dwight Sings Buck or the Black Crowes. Check in next month as my music tastes change.
Anybody sell their stock at $14.90? i.e. $2 ago as it's at $12.90 now?
Its okay, I'm a long haul investor.
Anybody sell their stock at $14.90? i.e. $2 ago as it's at $12.90 now?
Its okay, I'm a long haul investor.Its gonna come down for another day or two and then screech northward. I consider this a buying opportunity, but of course DYODD.
04-20-2010, 09:34 AM
Gets Weekends Off
Joined APC: Sep 2007
Posts: 1,239
For what it is worth, Delta does have a bid out for the connecting bridge from Terminal 3 to Terminal 4 at JFK. I was at an Easter party where the host told me they were presenting thier bid to Delta on the following Tuesday. He was under the impression Delta had narrowed it down to 2-3 bids. Not sure if he was presenting to just Delta or to the Port Authority as well.
04-20-2010, 09:54 AM
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04-20-2010, 10:11 AM
Gets Weekends Off
Joined APC: Feb 2008
Posts: 2,539
The notion that this is for balance sheet rebuilding doesn't make sense to me. Sure, you're not adding to debt, but you're also depleting your cash by an equivalent amount.
My guess is that Delta wants to show just enough profit to satisfy investors, but not so much they have to share with labor right away. We'll be "profitable" as soon as we sign contracts while we're "not profitable".
2. There is a "cost" with having cash on hand when you're $16.4 billion in debt. Delta is dealing with that cost. It will put you in a far better place when you're negotiating your next contract if Delta has $10 billion in long term debt. The aggregate savings is over $500 million per year. That's "free" money to buy airplanes, pay employees or attack your competition.
04-20-2010, 10:13 AM
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I like the way you think. I did just that. I normally do not trade DAL, but I wiil be buying a chunk (watching it now) . I still see 18 by the end of the year. Depending on the resistance, and a few other factors I may opt to keep my shares they gave. (Yes, I did not sell them. I keep the faith
) The stock was just upgraded and as they have stated. I am of the same opinion.
As you state, DYODD.
04-20-2010, 10:16 AM
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