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Delta Warns Of Loss Related To Labor, Scheduling  
User currently offlineFlashmeister From United States of America, joined Apr 2000, 2900 posts, RR: 6
Posted (13 years 5 months 2 weeks 1 day 19 hours ago) and read 1393 times:
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Delta has warned Wall street that their prediction of a 40 cent/share profit has changed to a prediction of a 70-90 cent/share loss, on the tune of $100 million or more. They also are predicting a poor 2nd quarter.

Apparently bookings are lightening up due to projected upcoming labor problems, and revenues are down due to Delta's almost 3% reduction in flying effective last year.

Now, here's the question: will NW/UA/US/AA be in the same boat here? They all are having upcoming labor issues, and I know that UA also reduced flying.

Which of the carriers has a more 'normal' relationship between with labor, and how are they doing profit-wise?

1 replies: All unread, jump to last
 
User currently offlineFlashmeister From United States of America, joined Apr 2000, 2900 posts, RR: 6
Reply 1, posted (13 years 5 months 2 weeks 1 day 19 hours ago) and read 1380 times:
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More coverage:

CBS Marketwatch: Delta warns of big quarterly loss

Yahoo! Finance: Merrill cuts DAL to accuulate


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