Any "Latest & Greatest" about Delta?
07-19-2010, 06:39 AM
Moderator
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Our capacity pulldown this fall will be greater then the rest of the industry? 
Guess I'll be a little less busy on reserve.
Guess I'll be a little less busy on reserve.
07-19-2010, 06:44 AM
Moderator
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
"fuel hedge ineffectiveness" ???
This euphemism really ticks me off. They used to report a number but management now does their best to hide the money they lose gambling in the commodities markets. At least the analysts have caught on. Glad to hear them ask the question why our "non-operational" losses are so high.
Still hard to pick out exact numbers but it sounds like they lost either $90 mil or $72 mil on fuel hedges for the quarter.
About equal to employee profit sharing.
This euphemism really ticks me off. They used to report a number but management now does their best to hide the money they lose gambling in the commodities markets. At least the analysts have caught on. Glad to hear them ask the question why our "non-operational" losses are so high.
Still hard to pick out exact numbers but it sounds like they lost either $90 mil or $72 mil on fuel hedges for the quarter.
About equal to employee profit sharing.
What a way to dance around a question.
07-19-2010, 06:48 AM
Underboob King
Joined APC: May 2005
Position: Guppy Commander
Posts: 4,412
i'm thinking mainline flying will still be busy. the regionals are taking big hits on block hours. My buddy at 9E said they're losing alot of hours this fall. The other regionals are losing time the other.
07-19-2010, 06:49 AM
Underboob King
Joined APC: May 2005
Position: Guppy Commander
Posts: 4,412
he just said that the loss in flying will largly come from reductions in regional airframes.
07-19-2010, 06:57 AM
No longer cares
Joined APC: Mar 2008
Position: 767er Captain
Posts: 12,109
Speaking of the market.... Obama's talking on CNBC... and down goes the market...
Down goes Frazier... down goes Frazier... down goes Frazier
Down goes Frazier... down goes Frazier... down goes Frazier
07-19-2010, 07:20 AM
Line Holder
Joined APC: Jan 2010
Position: 7ERB
Posts: 83
investor call notes
Notes.
1) revenue is up 17%.
2) Unions asked for a vote.
3) end of 2010 fleet will be down 91 planes*
4) 20 planes parked in 2011**.
5) 2010 capacity up 1-1.5%
6) 2011 capacity up 1-3%
7) upset at DOT over slot swap.
8) shifting some of the planned LGA capacity to JFK
9) JFK terminal "soon"
10) replacing more RJs with mainline.
11) debit down around 2B.
12) plan to be down to 10B of Debit by 2012.
13) TATL RASM up 30%
14) TPAC RASM up 36%
15) Cargo up 22%
16) Adv. booking strong
17) Domestic yields up 15%
18) Adv. well ahead of last year
19) new SEA/DTW routes look good.
20) 4Q 2010 capacity down 2 points from 4Q 08, 6 points from 07.
21) cost (without fuel and profit sharing) flat
22) Q3 cost should be flat(again no fuel)
23) paid 345M in debit in Q2
24) taking 2 737s and 2 M90 s in Q3
25) Made money on Domestic
26) Europe point of sale still strong
27) 25M lost on the volcano.
28) unions votes done by the end of the year.
29) still looking at and buying M90s.
30) 787-no updates. (so still working with Boeing)
31) No comment on Comair
32) No plans for any new long haul CVG routes
33) Does not expect cost to go up if they get more unions.
*RJs and mainline
**just RJs.
1) revenue is up 17%.
2) Unions asked for a vote.
3) end of 2010 fleet will be down 91 planes*
4) 20 planes parked in 2011**.
5) 2010 capacity up 1-1.5%
6) 2011 capacity up 1-3%
7) upset at DOT over slot swap.
8) shifting some of the planned LGA capacity to JFK
9) JFK terminal "soon"
10) replacing more RJs with mainline.
11) debit down around 2B.
12) plan to be down to 10B of Debit by 2012.
13) TATL RASM up 30%
14) TPAC RASM up 36%
15) Cargo up 22%
16) Adv. booking strong
17) Domestic yields up 15%
18) Adv. well ahead of last year
19) new SEA/DTW routes look good.
20) 4Q 2010 capacity down 2 points from 4Q 08, 6 points from 07.
21) cost (without fuel and profit sharing) flat
22) Q3 cost should be flat(again no fuel)
23) paid 345M in debit in Q2
24) taking 2 737s and 2 M90 s in Q3
25) Made money on Domestic
26) Europe point of sale still strong
27) 25M lost on the volcano.
28) unions votes done by the end of the year.
29) still looking at and buying M90s.
30) 787-no updates. (so still working with Boeing)
31) No comment on Comair
32) No plans for any new long haul CVG routes
33) Does not expect cost to go up if they get more unions.
*RJs and mainline
**just RJs.
07-19-2010, 07:42 AM
Gets Weekends Off
Joined APC: Mar 2007
Position: SAAB
Posts: 300
Thanks DC8 for posting those notes and not making useless political diatribes
07-19-2010, 08:08 AM
Moderator
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Nice summary, & appreciated. 
07-19-2010, 08:19 AM
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,612
Nice summary, There is one thing to note. They compared 4Q10 Capacity with 4Q08 and 07. They did not compare it with 09. The reason is they believe Wallstreet wants the line held on capacity increases. Capacity for 4Q10 will be up quite a bit from 09 hence the reason for hiring pilots earlier then needed for the summer schedule.
07-19-2010, 08:45 AM
Gets Weekends Off
Joined APC: Jun 2007
Position: Legacy FO
Posts: 4,105
I miss the Marriott Marquee in ATL. The Hilton ... ugh.
Thread
Thread Starter
Forum
Replies
Last Post
