Aa757first From United States of America, joined Aug 2003, 3287 posts, RR: 10 Reply 2, posted (7 years 10 months 1 day 6 hours ago) and read 3446 times:
Delta just lost almost $2 billion . Hard to top that.
WGW2707 From United States of America, joined Aug 2003, 1197 posts, RR: 45 Reply 4, posted (7 years 10 months 1 day 5 hours ago) and read 3355 times:
Of course Delta's $2 billion loss was not entirely operational in nature-it was largely one time payments that the airline decided it would be optimal to pay off at this time.
BTW to my knowledge $2 billion is an industry record.
Dutchjet From Netherlands, joined Oct 2000, 7864 posts, RR: 61 Reply 6, posted (7 years 10 months 1 day 4 hours ago) and read 3294 times:
Rising fuel costs caused financial headaches for many airlines (especially those in the US) and even airlines like NW and CO, which had hoped to show a profit ended up losing money. CO had a small operating profit, but charges associated with the retirement of the MD80 fleet resulted in a loss for the quarter. AA did squeak out a small profit, but even low-fare darlings such as Southwest and JetBlue did not do as well as expected.
In the US, Delta is probably losing the most money at the moment and unless some things change, and very quickly, DL may be headed to the bankruptcy court. And while the situation as UA and US seem to be improving, both airlines still have huge financial issues to work out. Over in Europe, Alitalia is in the most trouble at the moment, with the Italian government providing emergency financing to the airline to avoid a financial disaster - the EU allowed the financing to go through, eventhough they are against government support of air carriers.
Md11dude From Canada, joined May 2004, 127 posts, RR: 0 Reply 11, posted (7 years 10 months 12 hours ago) and read 2859 times:
Well, Not by comparing The size of the airlines, but by how screwed the airline actually is....You people are only talking about the U.S. airlines. I belive Air Canada is in quite the deep S..T unfortunatly, and along Other majors like LX etc.....
p.s. Hope Delta will pull through. They kick serious butt!
Na From Germany, joined Dec 1999, 8614 posts, RR: 11 Reply 12, posted (7 years 10 months 12 hours ago) and read 2825 times:
If the government wouldn´t help, Alitalia and Olympic would be liquidated already.
Otherwise Delta´s loss published last week is a sad record. Something has to happen soon. How long can this huge airline survice at this pace?
UA744Flagship From , joined Dec 1969, posts, RR: Reply 13, posted (7 years 10 months 11 hours ago) and read 2798 times:
Idiots.
UA/US haven't even posted their results yet!
And to the dolt who said CO was profitable, read before you assume!
UA was very close to breakeven in May, and we shall find about about June soon enough. UA will probably post a loss unless June made a profit beyond April's loss and May's very small loss.
UAL777 From United States of America, joined Aug 2003, 1447 posts, RR: 5 Reply 15, posted (7 years 10 months 9 hours ago) and read 2451 times:
DBOBA,
Flagship was merely showing his displeasure with the all too often UA hating, financial figure assuming attitude on airliners. Anyway, DL needs to cut costs or they will be far worse off than UA is.
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