Originally Posted by acl65pilot

Anyone know if the FDX guys that live in HKG get to take the income exclusion for expat work? I am too lazy to look it up.

Originally Posted by iaflyer

All I know is that they love it over in HKG. Friend of mine is flying for FDX there and doesn't see any reason to come back to the US anytime soon.

I'd probably be flying for CX rather than DL if there was a better way to get to NYC from where I live while working there. More of a timing thing than anything.

Originally Posted by Carl Spackler

Look alfa, I understand your need to walk back your earlier comments about showing active pilots as a metric to "prove" that we're not liquidating. But nothing of this post changes the fact that we are operating ~70 aircraft less, we're selling off real estate and business centers, and we're "laying off" non-frontline employees. When you do these things and don't replace them with anything, that's slowly liquidating. How long will it continue? Who knows. But that's our reality.

Carl

Originally Posted by Carl Spackler

Tip of the hat sir...if I wore one that is.

Carl

Originally Posted by shiznit

I think it more along the lines of eliminating duplication and streamlining the corporation to provide the increased revenue and decreased costs sought when merging two enterprises to deliver profits and increase shareholder value, but I could be wrong.

In my view, combining $15-$20 billion dollar enterprises into a $30-$35 billion dollar enterprise take years, not just a few months and this is all STILL part of the DL-NW merger. Luckily we are (as shareholders) seeing the benefits start to come in (stock has tripled since the merger).

Now it is time to start the payback of the stakeholders who have given the most and are still giving to this day..... The pilots of Northwest Airlines and Delta Air Lines.

Originally Posted by shiznit

You're wearing a hat in your avatar pic!

Originally Posted by Check Essential

Yes indeed.
We are leaving the market and shrinking and the low cost guys are moving right in.

Wall Street Journal

FEBRUARY 16, 2012, 3:11 P.M. ET
UPDATE: Spirit Airlines Sees Capacity Up 23% In 2012 Vs 2011

• --Florida-based carrier's expansion provides a particular challenge to AMR Corp

--Spirit plans to add seven planes this year, boosting its fleet to 44
--Notched up its fifth-straight year of profitability
(Updates with executive comment beginning the third paragraph. Updates share price.)

By Doug Cameron
Of DOW JONES NEWSWIRES

Spirit Airlines Inc. (SAVE) announced plans Thursday to accelerate its expansion, boosting capacity by 23% this year in a move that highlights the opportunities for U.S. low-cost carriers as larger network rivals shrink domestic flying.
The Florida-based carrier's expansion in cities such as Dallas, Chicago and Denver, and into the Caribbean and central America, provides a particular challenge to AMR Corp. (AAMRQ) as 60% of its network overlaps with the third-largest U.S. carrier by traffic.
With the three largest U.S. carriers--United Continental Holdings Inc. (UAL), Delta Air Lines Inc. (DAL) and AMR--all pledging to keep capacity flat or lower this year, smaller airlines are filling some of the gap.
Spirit grew capacity by around 15% last year, and the 23% expansion eyed for 2012 lags only the 30% growth targeted by Virgin America.
Ben Baldanza, Spirit's chief executive and a former American Airlines' executive, said on a post-earnings' call that he sees opportunities to expand profitably beyond those captured by its existing fleet plan.
Spirit plans to add seven planes this year, boosting its fleet to 44, and has around 100 Airbus aircraft on order for delivery between now and 2021.
Baldanza outlined the capacity plans alongside a sharp rise in fourth-quarter earnings, notching up its fifth-straight year of profitability and an operating margin of 25.7% that leads the industry.
Net profit in the quarter rose to $24 million from $9.5 million a year earlier, with revenue up 26.7% at $273.9 million, driven by higher ticket prices and its focus on charging for extras such as bags. The result beat analysts' expectations.
The stock recently was up 0.3% at $19.29.
-By Doug Cameron, Dow Jones Newswires; 312-750-4135; [email protected]