Any "Latest & Greatest" about Delta?
Gets Weekends Off
Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
I don't think the 10,000-15,000 employees is just the unions. The NBC news afflicted in Dallas said that was for the entire company.
Second, they lost $904 million but they still have $4.1 billion in cash. Their revenue was actually a but more than expenses, so they have slightly more cash on hand than before.
Second, they lost $904 million but they still have $4.1 billion in cash. Their revenue was actually a but more than expenses, so they have slightly more cash on hand than before.
The layoffs were announced while they were negotiating, standard shot-across-the-bow type tactic...
AMR was losing approx. 300M/month pre bankruptcy reducing cash reserves month-by-month.
The December loss does just the same but at a 3x greater rate.
My only takeaway is that I see the AMR Ch11 process accelerating as a result of that burn rate...
Cheers
George
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,730
And yet I have not reset my DBMS/Travelnet passwords in...10 years(?) or more, and it's still working fine.
Is that only because I DON'T also have a DL.com email account? Or have they just not got to me yet?
Last edited by Timbo; 02-01-2012 at 08:44 AM. Reason: typo
Absolutely, didn't mean to imply that... Although with an 81% unionized workforce, there will be a lot of cuts.
The layoffs were announced while they were negotiating, standard shot-across-the-bow type tactic...
AMR was losing approx. 300M/month pre bankruptcy reducing cash reserves month-by-month.
The December loss does just the same but at a 3x greater rate.
My only takeaway is that I see the AMR Ch11 process accelerating as a result of that burn rate...
The layoffs were announced while they were negotiating, standard shot-across-the-bow type tactic...
AMR was losing approx. 300M/month pre bankruptcy reducing cash reserves month-by-month.
The December loss does just the same but at a 3x greater rate.
My only takeaway is that I see the AMR Ch11 process accelerating as a result of that burn rate...
People who were at Delta in 2005 can fill in those details about the percentage cuts by pilots/FAs vs the rest of the company.
My other point was that even though they lost money, their cash position didn't go down. You can lose money but keep your cash position up by moving money around accounts, etc. That must be what they are doing. It would be more detail than needed for the L&G thread, but they need a certain amount of cash to keep the operation running (to pay for fuel, CC hold backs, pay employees, etc)
I think this afternoon we'll see what is going to be demanded of labor.
Gets Weekends Off
Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
[email protected]
(if you have a listed middle initial that will go between the first and last)
You probably haven't ever used it and if you try, you'll be in PW change hell...
Cheers
George
Gets Weekends Off
Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
Ah, I see what you meant. Yes, 15K of jobs losses is significant. I didn't realize AMR was that unionized. I suspect that front-line employees will be cut at a different percentage than the rest of the airline. (ie, depends on efficiencies on work rules, etc.
People who were at Delta in 2005 can fill in those details about the percentage cuts by pilots/FAs vs the rest of the company.
My other point was that even though they lost money, their cash position didn't go down. You can lose money but keep your cash position up by moving money around accounts, etc. That must be what they are doing. It would be more detail than needed for the L&G thread, but they need a certain amount of cash to keep the operation running (to pay for fuel, CC hold backs, pay employees, etc)
I think this afternoon we'll see what is going to be demanded of labor.
People who were at Delta in 2005 can fill in those details about the percentage cuts by pilots/FAs vs the rest of the company.
My other point was that even though they lost money, their cash position didn't go down. You can lose money but keep your cash position up by moving money around accounts, etc. That must be what they are doing. It would be more detail than needed for the L&G thread, but they need a certain amount of cash to keep the operation running (to pay for fuel, CC hold backs, pay employees, etc)
I think this afternoon we'll see what is going to be demanded of labor.
Looks like the Tulsa and DFW MRO operation will be the first target.
I've heard the RR engine overhaul JV might be gone.
Cheers
George
Gets Weekends Off
Joined APC: Sep 2007
Posts: 1,238
Working with the Delta iCrew/eCrew system had me thinking that the airlines were not that interested in technology. I mean the tech in the airplanes is old so why should the computer tech be that new. It is an old slow system, but it works and it isn't THAT bad.
Well that is what I used to think. Then I had a friend over the other day and he showed me the SWA interface. HOLY CRAP what a nice slick system. What is the one at UCAL, USAir, and the old NW system like? I heard about text messages and such. I do realize looking at the SWA stuff that it was built to keep them even more efficient. The trading trips and moving things around enables them more freedom to pick up trips thus requiring less reserves on hand and thus not as much overhead, but it is a nice system. I am not advocating changing to that system but it would be nice to have a modern GUI than the crap we have now. Course I don't want to have to give anything up for it!
Well that is what I used to think. Then I had a friend over the other day and he showed me the SWA interface. HOLY CRAP what a nice slick system. What is the one at UCAL, USAir, and the old NW system like? I heard about text messages and such. I do realize looking at the SWA stuff that it was built to keep them even more efficient. The trading trips and moving things around enables them more freedom to pick up trips thus requiring less reserves on hand and thus not as much overhead, but it is a nice system. I am not advocating changing to that system but it would be nice to have a modern GUI than the crap we have now. Course I don't want to have to give anything up for it!
Well that is what I used to think. Then I had a friend over the other day and he showed me the SWA interface. HOLY CRAP what a nice slick system. What is the one at UCAL, USAir, and the old NW system like? I heard about text messages and such. I do realize looking at the SWA stuff that it was built to keep them even more efficient. The trading trips and moving things around enables them more freedom to pick up trips thus requiring less reserves on hand and thus not as much overhead, but it is a nice system. I am not advocating changing to that system but it would be nice to have a modern GUI than the crap we have now. Course I don't want to have to give anything up for it!
It was very slick - he also showed me the web interface for trip trading. Wow. Makes iCrew and our method look like something the dinosaurs thought up and cavemen implemented.
Working with the Delta iCrew/eCrew system had me thinking that the airlines were not that interested in technology. I mean the tech in the airplanes is old so why should the computer tech be that new. It is an old slow system, but it works and it isn't THAT bad.
Well that is what I used to think. Then I had a friend over the other day and he showed me the SWA interface. HOLY CRAP what a nice slick system. What is the one at UCAL, USAir, and the old NW system like? I heard about text messages and such. I do realize looking at the SWA stuff that it was built to keep them even more efficient. The trading trips and moving things around enables them more freedom to pick up trips thus requiring less reserves on hand and thus not as much overhead, but it is a nice system. I am not advocating changing to that system but it would be nice to have a modern GUI than the crap we have now. Course I don't want to have to give anything up for it!
Well that is what I used to think. Then I had a friend over the other day and he showed me the SWA interface. HOLY CRAP what a nice slick system. What is the one at UCAL, USAir, and the old NW system like? I heard about text messages and such. I do realize looking at the SWA stuff that it was built to keep them even more efficient. The trading trips and moving things around enables them more freedom to pick up trips thus requiring less reserves on hand and thus not as much overhead, but it is a nice system. I am not advocating changing to that system but it would be nice to have a modern GUI than the crap we have now. Course I don't want to have to give anything up for it!
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,730
You do have one, it's your name, first, last, separated by a period.
[email protected]
(if you have a listed middle initial that will go between the first and last)
You probably haven't ever used it and if you try, you'll be in PW change hell...
Cheers
George
[email protected]
(if you have a listed middle initial that will go between the first and last)
You probably haven't ever used it and if you try, you'll be in PW change hell...
Cheers
George
Exactly, that's why I'm never going to use it. I've already got two email accounts, DL scheds knows what one of them is, I don't need any more 'help' from them!
Oh, btw, I just looked and the March trips are now in DBMS Open Time. Pretty much the same trips as Feb. for my category. Nothing exciting...like Manilla!
Gets Weekends Off
Joined APC: Aug 2010
Posts: 2,530
Some might say that what FTB did was what DALPA should be doing - comparing our current contract to C2K. Then adding inflation. ie, restoration.
But as you see, those are some big numbers. I just can't see the company giving us that. But I'm just one guy - the contract survey showed what the pilots wanted. It's up to the neg committee to try and get that.
But as you see, those are some big numbers. I just can't see the company giving us that. But I'm just one guy - the contract survey showed what the pilots wanted. It's up to the neg committee to try and get that.
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