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Delta Air Lines Inc. Message Board

  • bobof1y777 bobof1y777 Feb 17, 2008 8:11 PM Flag

    Pilots' union seeking a stake of at least 5 pct

    "Pilots' union the Air Line Pilots Association is also seeking a stake of at least 5 pct of the merged airline and a seat on its board, the paper reported."
    the invester pay money for shares, pilots demand it for free. management better be careful about giving the overpaid pilots anything free. they already caused bk once. next time it is liquidation

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    • All the big growth is coming to Asia in the next 20 years. DAL has 0.2% of their ops there. And their #'s aren't strong. "Delta is not buying NWA or anyone. If it goes will be a stock swap. DAL has $4.0 Billion debt due now through 2011, NWA $1.9. DAL has $1.0 Billion LESS cash on hand than NWA. DAL CASM is 10% higher than NWA. NWA Cash/Monthly Expense ratio over twice as good as DAL, 3.2 to 1.5 and NWA operating margin is almost 60% higher than DAL. NWA pretax margin is 139% higher than DAL. NWA had the highest operating margins in the industry in 2007. NWA gets 12% revenue from RJ's while DAL is 25%/expensive. DAL needs a merger/help before end of 2009 or gets tight on cash again. Over the next 20 years the Pacific Region will have over twice the growth rate of any other region. DAL Pacific operation is 0.2% of their overall ops. NWA has 10% of their operations in Asia. Who really needs who? p.s. Heard the equity is 7% but the pilots are FAR apart on seniority integration". After UAL, DAL the most poorly managed for 20 years. At least the senior brothers got theirs and ran off.

    • Can anyone corroborate the 5 pct stake?

      This more recent article does not mention a 5% stake.

      http://biz.yahoo.com/rb/080219/delta_northwest.html?.v=3

      The pilots are handling this issue very professionally.

      How will the merger work? Will Delta buy NW ?

      • 1 Reply to george_wwww
      • Delta is not buying NWA or anyone. If it goes will be a stock swap. DAL has $4.0 Billion debt due now through 2011, NWA $1.9. DAL has $1.0 Billion LESS cash on hand than NWA. DAL CASM is 10% higher than NWA. NWA Cash/Monthly Expense ratio over twice as good as DAL, 3.2 to 1.5 and NWA operating margin is almost 60% higher than DAL. NWA pretax margin is 139% higher than DAL. NWA had the highest operating margins in the industry in 2007. NWA gets 12% revenue from RJ's while DAL is 25%/expensive. DAL needs a merger/help before end of 2009 or gets tight on cash again. Over the next 20 years the Pacific Region will have over twice the growth rate of any other region. DAL Pacific operation is 0.2% of their overall ops. NWA has 10% of their operations in Asia. Who really needs who? p.s. Heard the equity is 7% but the pilots are FAR apart on seniority integration.

    • Overpaid? They make half of what a pilot at FDX makes. I hope all the employees get major pay raises. They deserve it. Raise the damn ticket prices if needed.

      And no I dont work at Delta or Fdx.

      • 1 Reply to rhinomd11
      • A lot of non-pilot skilled employees are leaving delta for better jobs elsewhere. The mindset of those remaining is, it don’t get any better than they have it.
        In the two years since delta, I have double my salary with out a union.
        Technology has made a pilot’s job much less skilled. Flight attendants could probably include engaging the autopilot before serving meal and do away with pilots completely.

 
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