Holding pattern on Delta
#13
Line Holder
Joined APC: Jan 2006
Posts: 38
Is B6 JetBlue?
I had heard the same thing, from a friend who was on a flight with Gerry-ya know one of those....
But I was told that JetBlue would be a good aquisition, after exiting bankruptcy, because of the JFK terminal and also the fact that they are a nonunion work force.
Who knows what will happen, I just hope that Delta can emerge as a stand alone! I bypassed a couple of months ago and will not even consider going back until the picture becomes clearer.
JJ
I had heard the same thing, from a friend who was on a flight with Gerry-ya know one of those....
But I was told that JetBlue would be a good aquisition, after exiting bankruptcy, because of the JFK terminal and also the fact that they are a nonunion work force.
Who knows what will happen, I just hope that Delta can emerge as a stand alone! I bypassed a couple of months ago and will not even consider going back until the picture becomes clearer.
JJ
#15
The JetBlue rumor is rampant at Delta right now, usually in the form of " I know a guy who knows a guy who had Gerry Grinstein/ Jim Whitehurst/ Joe Kolshack (pick one) on the jump seat, who said we want to buy JB after we come out of BK. I'll believe it when I see it.
It would be nice to get out of that tenement of a terminal at JFK, though.
It would be nice to get out of that tenement of a terminal at JFK, though.
#16
#17
I saw an documentary from the early 1960s on the subject of recent advances in transportation. Most of the show was about the interstate highway system, but a part featured air travel advances, including that terminal. The concept of pulling the aircraft beneath the roof to load and unload (via stairs) was pretty advanced for it's day.
That being said, the years haven't been kind to that terminal. Delta has sunk far too much money into it, after years of neglect by Pan Am, but it remains dilapidated and ill suited to our operations. The only way to fix it would be to level it and start over, IMHO.
That being said, the years haven't been kind to that terminal. Delta has sunk far too much money into it, after years of neglect by Pan Am, but it remains dilapidated and ill suited to our operations. The only way to fix it would be to level it and start over, IMHO.
#18
#19
On Reserve
Joined APC: Jan 2007
Posts: 12
Let me throw this out there to get the board's feedback.
I'm in a holding pattern on Delta.
Let me explain. These are some possible scenarios and concerns that I see from best to worst: (you know us pilots and scenarios)
1- Delta emerges as a stand alone carrier and succeeds. (A la Continental.) This is the most desired situation. I believe it is possible. However, I don't necessarily have confidence in Gerry nor the Board. I have asked some Delta people if they trust Gerry. I get mixed responses. Looking at the past performance of the leadership team (Gerry included), the possibility for failure could be just one more mistake away. I hate to say that, but I read and hear it in Gerry's messages. Delta is lacking someone with founder C.E. Woolman's character and integrity. Mainly, integrity. I think the trust needs to be restored from the top to the front line. It is too early for me to discern if that is possible with this leadership team.
2- Merger and furlough: IF and a big IF there is a merger, the bottom guys risk being on the street. I see it a bit irresponsible at this time to risk my current (modest and secure) living for a chance at a better and more fruitful living. When I look at the risks and benefits of getting hired at Delta right now, the risks seem large to me.
3- Liquidation of Delta. (Everyone is screwed.) I do not think the possibility for this scenarios is very likely. However, it still exists. I'm rather secure where I am for the time being to maintain a job flying. To be honest, I cannot afford to be a new hire F/O anywhere for more than two years without major change. Let alone at someplace that would hire after a whole airline worth of pilots is on the job search.
Alright, y'all... go for it.
I'm in a holding pattern on Delta.
Let me explain. These are some possible scenarios and concerns that I see from best to worst: (you know us pilots and scenarios)
1- Delta emerges as a stand alone carrier and succeeds. (A la Continental.) This is the most desired situation. I believe it is possible. However, I don't necessarily have confidence in Gerry nor the Board. I have asked some Delta people if they trust Gerry. I get mixed responses. Looking at the past performance of the leadership team (Gerry included), the possibility for failure could be just one more mistake away. I hate to say that, but I read and hear it in Gerry's messages. Delta is lacking someone with founder C.E. Woolman's character and integrity. Mainly, integrity. I think the trust needs to be restored from the top to the front line. It is too early for me to discern if that is possible with this leadership team.
2- Merger and furlough: IF and a big IF there is a merger, the bottom guys risk being on the street. I see it a bit irresponsible at this time to risk my current (modest and secure) living for a chance at a better and more fruitful living. When I look at the risks and benefits of getting hired at Delta right now, the risks seem large to me.
3- Liquidation of Delta. (Everyone is screwed.) I do not think the possibility for this scenarios is very likely. However, it still exists. I'm rather secure where I am for the time being to maintain a job flying. To be honest, I cannot afford to be a new hire F/O anywhere for more than two years without major change. Let alone at someplace that would hire after a whole airline worth of pilots is on the job search.
Alright, y'all... go for it.
Signed up just a few days ago to contribute to the forum after reading your post. Hopefully, I can offer some info to amplify that others have already given.
Delta as stand-alone:
Clearly the best option for at least the near term and IMO the most likely scenario. The employees have sacrificed billions in order to assist in saving the company and those sacrifices are beginning to yield results. I share your level of confidence in management. However, there has been some serious looks in the mirror in the last few years by our management team. Grinstein was on the board while Mullins team ran the company into the ground with bad decisions. Grinstein takes responsibility for lack of action during this time and will not hold back the profanity when describing Leo and the others who woked with him.
Fortunately, they have put some people in places where I think they have been best able to perform. Jim Whitehurst, the COO, has spoken on a number of occassions with employees in various forums regarding a variety of topics. What is noteworthy about Whitehurst, besides being only 39, is they way he speaks regarding the competitive posture of the company. He at a minimum talks about Delta being an aggressive, proactive competitor. This is contrary to the "ignore the problem and it will go away" approach of past years. An example of this is Whitehurst claiming to no longer yielding "an inch" to AirTran as Delta has done in the past. AirTran has done well in ATL in part because Delta has failed to recognize them as a viable entinty.
As for Ed Bastian, Delta CFO, I know even less of him. While no doubt a smart guy, Bastian strikes me as a numbers guy. Which I feel makes him a less attractive candidate to replace Grinstein as CEO. I have never been confident with those who are concerned with "sortie counts." I of course could be waaayy off regarding Bastian.
Glen Hauenstein who is in charge of network planning and revenue management made good changes in how Delta assets are being used. For example, Delta is no longer flying 777s from ATL to MCO and have pulled other long range (777, 767ER, Etc.) aircraft off the domestic schedule and put them where they should be, flying higher yield passengers to international destinations.
Bottom line, management has begun to demonstrate a decision process that seems more in line with what should be done rather than what should not be done.
Merger:
A buyout by USAirways is the worst possible thing that I can think of and is a huge threat to the employees of Delta Airlines. I for one think Parker, and those backing him, are smoking a giant Bob Marley if they think this is going to go through. I believe, and hope, that this plan wil die at the hands of the official creditors commitee. At a minimum, the buyout plan should take a well deserved bullet at the hands of the Department of Justice.
Should it go through, thousands of Delta employees can expect to lose their jobs as USAirways gives up assets to satisfy DOJ requirements. "May have to sell one of the shuttles." Give me a break. What will have to be sold to satisfy the DOJ is way beyond the shuttle and a few gates at Charlotte.
Additionally, Parker fails to realize that there are few or no Delta employees (no pilots for sure) that want this deal to pass. What would ensue is labor strife on a scale the industry has not yet seen. Consequently, the entire entity could fail taking down AWA, USAirways and Delta employees all together. The people backing Parker do not care about that if they can still grab the short term gains and run away with the money.
As for a merger with another company, there are certainly those that fit much better. Remember that the many federal officials think there is not enough competiton (unbelievable) in the airline industry and likely will look unfavorably on any merger of 2 large carrirers let alone USA/Delta. In any merger scenario, some people are going to pay the price for the plan.
As for leaving a job one has now to go to a job that may or may not pay off? That is a tough call. If Delta exits on its own, I think they will do well and will likely have a modest rate of hiring for some time. If USAirways succeeds, I think there will be a giant sucking hole in the industry after ALL of the combined company fails.
At minumum, be in a position to hit the go button on applying. Or, be prepared to make a difficult choice should you be offered a job if you have already applied and interviewed. All of us should know much more in a few weeks as deadlines for the buyout offer draw near.
Good Luck
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