Any "Latest & Greatest" about Delta?
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Answered my own question
Last edited by sinca3; 09-07-2010 at 03:53 AM. Reason: oversleep
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Shiz, try foxnews.com and then look for the interview in the fox and friends site.
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Just off the press (2nd hand via BB in ATL talking to a new hire class) BB was quoted as saying that they are shutting down the MSP A320 and moving the category to SLC. Has anyone else heard this? I'm getting ready to bid the current AE...but SLC in the A320....Hmmmmmmm?
Baja.
Baja.
I wouldn't bid based on this. Or better yet: why not call BB directly?
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http://www.zacks.com/stock/news/39799/Delta's+August+Traffic+Increases+-+Analyst+Blog
Delta’s August Traffic Increases
By: Zacks Equity Research
September 07, 2010
The world’s largest airline, Delta Air Lines (DAL - Analyst Report) reported an increase in traffic for August 2010 compared with August 2009.
During the month, Delta Airlines’ traffic, measured in billions of revenue passenger miles, increased 1.1% year over year to 18.94 billion. Capacity or available seat miles were up 1.2% and load factor (percentage of seats filled with passengers) was 86.5%, flat year over year. The jump in traffic was due to a growth in international routes, particularly in Japan as stronger yen boosted overseas travel in Japan.
The rise in August traffic has been higher than July when Delta's air traffic rose 0.5%, while its capacity dropped 0.3%.
Domestic traffic fell 0.9% to 11.10 billion despite a 0.3% uptick in the number of available seats, as load factor declined 100 basis points (bps). International traffic was up 4.2% to 7.84 billion on a 2.7% growth in capacity and load factor expanded 130 basis points.
One of the company’s peers, Continental Airlines Inc. (CAL - Snapshot Report) reported a decrease of 0.4% in its August traffic.
We expect Delta to experience a considerable increase in airline traffic both domestically and internationally during the third quarter of 2010 based on improvement in the global economy, improved business travel, growing international traffic and rising fares. Moreover, Delta’s investment to improve the customer experience and the efficiency of the aircraft fleet is expected to fetch profitable returns in future.
We expect Delta to benefit from Northwest merger given that the synergies from it will be fully realized and strong revenue momentum will continue as the economy strengthens. However, we remain cautious on the company due to its debt-loaded balance sheet, rising fuel prices, a unionized workforce and competitive threats.
We have a Zacks #3 Rank (short-term Hold recommendation) on the stock. We also reiterate our long-term Neutral rating.
Based in Atlanta, Georgia, Delta is the largest U.S. airline and provides scheduled air transportation for passengers and cargo throughout the U.S., and around the world.
Delta’s August Traffic Increases
By: Zacks Equity Research
September 07, 2010
The world’s largest airline, Delta Air Lines (DAL - Analyst Report) reported an increase in traffic for August 2010 compared with August 2009.
During the month, Delta Airlines’ traffic, measured in billions of revenue passenger miles, increased 1.1% year over year to 18.94 billion. Capacity or available seat miles were up 1.2% and load factor (percentage of seats filled with passengers) was 86.5%, flat year over year. The jump in traffic was due to a growth in international routes, particularly in Japan as stronger yen boosted overseas travel in Japan.
The rise in August traffic has been higher than July when Delta's air traffic rose 0.5%, while its capacity dropped 0.3%.
Domestic traffic fell 0.9% to 11.10 billion despite a 0.3% uptick in the number of available seats, as load factor declined 100 basis points (bps). International traffic was up 4.2% to 7.84 billion on a 2.7% growth in capacity and load factor expanded 130 basis points.
One of the company’s peers, Continental Airlines Inc. (CAL - Snapshot Report) reported a decrease of 0.4% in its August traffic.
We expect Delta to experience a considerable increase in airline traffic both domestically and internationally during the third quarter of 2010 based on improvement in the global economy, improved business travel, growing international traffic and rising fares. Moreover, Delta’s investment to improve the customer experience and the efficiency of the aircraft fleet is expected to fetch profitable returns in future.
We expect Delta to benefit from Northwest merger given that the synergies from it will be fully realized and strong revenue momentum will continue as the economy strengthens. However, we remain cautious on the company due to its debt-loaded balance sheet, rising fuel prices, a unionized workforce and competitive threats.
We have a Zacks #3 Rank (short-term Hold recommendation) on the stock. We also reiterate our long-term Neutral rating.
Based in Atlanta, Georgia, Delta is the largest U.S. airline and provides scheduled air transportation for passengers and cargo throughout the U.S., and around the world.
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It wouldn't take a lot for BB to refer in class to "moving the A320's from MSP to SLC", referring to the move that has already occured, and for that to be translated into "moving all the 320's from MSP to SLC" by the time it got to you. "The" A320's can easily be seen as "all" A320's.
I wouldn't bid based on this. Or better yet: why not call BB directly?
I wouldn't bid based on this. Or better yet: why not call BB directly?
(He just replied - to quote "Bad Info!!!!!")
There you have it. Back to the ER bid.
Keep up the good flow of info team!
Baja.
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BB is just up to his old tricks of sending out specific rumors in Indoc and then seeing how long it takes them to show up on APC or FI.
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Any one have any intelligence on the special MEC meeting today regarding the flow through TA? Guesses, prognostications, and rumors are all welcome.
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Shiz, you didn't miss much. It was quick and they asked me questions about Iran and not what we'd talked about in the "pre-interview" with the producer. I'll be on again soon. I'm doing Brian Kilmeade's Fox radio show tomorrow morning which is on Sirius XM.
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Not going to guess, because as many know, a guess is just that, and when you get an MEC together anything is possible.
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