Yeah, and I gotta fly to Rhode Island on Delta in three weeks.
what the hell? United, Delta, and Northwest are all in trouble??
Yeah, and I gotta fly to Rhode Island on Delta in three weeks.
Its pretty sad but if you consolidate all airlines and look their combined profit/loss over the last 25 years, they are in the red by lots of dollars....... Very tough industry. High operating costs and hugely capital intensive. And brutally competitive.
I hope not, my brother is a NW pilot
I think that means Jen's dad who just retired from Delta loses like half of his pension.
I think that means Jen's dad who just retired from Delta loses like half of his pension.
Now that really sucks!
Now that really sucks!
I think he worked for them for 40+ years too.
I wonder how much jet fuel has gone up these days? :idea:
I remember when I worked for America West in the mid-80's that a one cent fuel price increase equated to $1 million a month in additional expense. And they were relatively small airline at that time (about 85 planes or so and all more modern fuel efficient short/medium haul aircraft)
Post 911 it was just a matter of time ...This is Airline Deregulation come full circle......do you really think flying from LA to NY for $100.00 really is going to even cover the fuel cost to carry you there.....not..
It is really just an accounting move on Deltas part they have money...they want to re organize the way and the terms in which they have to pay it back...I have many friends at Delta and NWA...no ones pension is in jeopardy....
I sure do miss the airplanes...but not the business...
The airline business tends to run in cycles,always has...and it also is handcuffed to the economy and fuel prices.....
Thank your Islamic buddies abroad for the majority of todays issues......but that issue was covered in another thread