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Delta: Stellar Q3 2012 Results  
User currently offlineCoronado From United States of America, joined Jun 1999, 1175 posts, RR: 2
Posted (1 year 11 months 1 day ago) and read 13722 times:
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The 8K Delta filed with the SEC today includes some indications of a phenomenal 3rd quarter.
For the full 8K which summarizes September results but more importantly gives some strong hints of what the Q3 2012 numbers will reflect are available for download at:
http://phx.corporate-ir.net/phoenix.zhtml?c=71481&p=irol-sec

Guidance September Quarter 2012:
Operating margin 10 - 11%
Cargo and other revenue $1.2 billion
Fuel price per gallon, adjusted $3.15
Profit sharing expense $175 million
Non-operating expense $260 million
Capital expenditures $400 – 450 million
Interestingly also they expect a mark to mark adjustment on fuel hedges of about PLUS $450mm which basically wipes ot the MINUS $500mm mark to mark adjustment for Q2 2012.
That is really a strong indication of how volatile the fuel environment has been in the last 6 months.
More Interestingly they are already ascribing some of the current month Sept cost of fuel as benefiting from Delta's new fuel supply program, short-speak for the start up of the Trainer refinery.

Can't overlook a September completion factor of 99.8% and on time index of 89.4%.
The entire Delta team seems to be working very seriously without a lot of fanfare on getting the job done.
Maybe a new motto is in order as tag on to Delta Climbing: If you have to positively absolutely get there, and also get there on time, Fly Delta Jets! (credit to fedex for the inspiration)


The Original Coronado: First CV jet flights RG CV 990 July 1965; DL CV 880 July 1965; Spantax CV990 Feb 1973
102 replies: All unread, showing first 25:
 
User currently offlinedeltadc9 From United States of America, joined Apr 2006, 2844 posts, RR: 4
Reply 1, posted (1 year 11 months 23 hours ago) and read 13611 times:

Thanks for that, does anyone remember when Delta was year after year the only really profitable airline? I am starting to wonder if those days have returned with the refinery, the conservative approach to fleet managment, the service qualtiy improvments and other good signs like miles that don't expire.

I am actually thinking about getting back into Delta's common stock.



Dont take life too seriously because you will never get out of it alive - Bugs Bunny
User currently offlineFlighty From United States of America, joined Apr 2007, 8488 posts, RR: 2
Reply 2, posted (1 year 11 months 23 hours ago) and read 13552 times:

Remember, Delta is a couple years further along in the merger process than UA is. Of course, industry consolidation will result in big profits for carriers and higher costs to consumers. This is what we would expect. Delta ought to be making real money now, and they are.

User currently offlineDeltaMD90 From United States of America, joined Apr 2008, 7884 posts, RR: 52
Reply 3, posted (1 year 11 months 19 hours ago) and read 12899 times:

Quoting Flighty (Reply 2):
Remember, Delta is a couple years further along in the merger process than UA is.

This is true, but it is indeed notable how well DL pulled the merger off and the decisions they've been making lately. Not saying UA is screwing up royally, I think DL just played their cards excellently.

I remember reading posts on this board from 2005 about how much DL sucked, and they really did. I'm so glad they turned their game around 



Ironically I have never flown a Delta MD-90 :)
User currently offlineNWADTWE16 From United States of America, joined Jun 2012, 242 posts, RR: 0
Reply 4, posted (1 year 11 months 19 hours ago) and read 12814 times:

Great news for DL and all the thousands of former NWA employees who are now helping to make this merged carrier into a great one!

User currently offlinemah584jr From United States of America, joined Mar 2006, 509 posts, RR: 0
Reply 5, posted (1 year 11 months 18 hours ago) and read 12641 times:

Had a really great experience flying Delta recently. I think their first class fares as of late are very reasonable and the F.A's provided excellent service. A tip of the hat to all at Delta.

-mah584jr


User currently offlinemayor From United States of America, joined Mar 2008, 10393 posts, RR: 14
Reply 6, posted (1 year 11 months 16 hours ago) and read 12130 times:

Quoting deltadc9 (Reply 1):
Thanks for that, does anyone remember when Delta was year after year the only really profitable airline? I am starting to wonder if those days have returned with the refinery, the conservative approach to fleet managment, the service qualtiy improvments and other good signs like miles that don't expire.

Yes, I do......most of the years that I worked at DL, in fact.



"A committee is a group of the unprepared, appointed by the unwilling, to do the unnecessary"----Fred Allen
User currently offlineOOer From United States of America, joined Oct 2005, 1466 posts, RR: 2
Reply 7, posted (1 year 11 months 16 hours ago) and read 12085 times:

Of course your financials will shine when you have some of the lowest labor costs in the industry. I mean come on...who else provides their employees health plans with the lowest deductible available being $1,150 for individual coverage?

Delta people are giving their company their best and the results are shown in the 99.8% completion factor and 89.4% on-time index. Now if only their company would reward them fairly...but I won't hold my breath.


User currently offlinemayor From United States of America, joined Mar 2008, 10393 posts, RR: 14
Reply 8, posted (1 year 11 months 16 hours ago) and read 12051 times:

Quoting OOer (Reply 7):
Now if only their company would reward them fairly...but I won't hold my breath.

Ever heard of profit sharing??



"A committee is a group of the unprepared, appointed by the unwilling, to do the unnecessary"----Fred Allen
User currently offlinefanoftristars From United States of America, joined Jul 2000, 1607 posts, RR: 5
Reply 9, posted (1 year 11 months 16 hours ago) and read 12054 times:

Quoting OOer (Reply 7):
who else provides their employees health plans with the lowest deductible available being $1,150 for individual coverage?

Just curious, what is the portion that you pay monthly for that type of coverage?



"FLY DELTA JETS"
User currently offlineDeltaMD90 From United States of America, joined Apr 2008, 7884 posts, RR: 52
Reply 10, posted (1 year 11 months 16 hours ago) and read 12049 times:

Quoting OOer (Reply 7):
Now if only their company would reward them fairly...but I won't hold my breath.

2 words: profit sharing  

Most the DL employees I know (not just pilots) are pretty pleased with DL



Ironically I have never flown a Delta MD-90 :)
User currently offlineStuckInCA From United States of America, joined Oct 2005, 1957 posts, RR: 0
Reply 11, posted (1 year 11 months 16 hours ago) and read 12033 times:

I like a lot of the things Delta is doing lately (as a passenger), but I'm pretty leary of them financially since reading of their smoke and mirrors approach of padding their financials by having wildly inflated estimates of returns on pension assumptions. I hope it doesn't come back to bite them - or that the information is misleading.

User currently offlineericaasen From United States of America, joined Jun 2010, 233 posts, RR: 1
Reply 12, posted (1 year 11 months 16 hours ago) and read 11961 times:

Quoting OOer (Reply 7):
Of course your financials will shine when you have some of the lowest labor costs in the industry. I mean come on...who else provides their employees health plans with the lowest deductible available being $1,150 for individual coverage?

Of which you only actually have to pay $650. Since the $500 you get every year in the HRA can be used to help pay your deductible. If you don't use all of your $500 it's rolled over to the next year so you'd have to only pay $150 in year two, and $0 in year three and beyond. Which isn't that bad if you ask me.


User currently offlineOOer From United States of America, joined Oct 2005, 1466 posts, RR: 2
Reply 13, posted (1 year 11 months 15 hours ago) and read 11600 times:

Quoting ericaasen (Reply 12):
Of which you only actually have to pay $650. Since the $500 you get every year in the HRA can be used to help pay your deductible. If you don't use all of your $500 it's rolled over to the next year so you'd have to only pay $150 in year two, and $0 in year three and beyond. Which isn't that bad if you ask me.

Still a $650 out of your pocket...and the annual max is $3,000. That "$500" will be reduced in 2014.

Quoting fanoftristars (Reply 9):
Just curious, what is the portion that you pay monthly for that type of coverage?

For an active employee it's $86, for a retiree it's around $790.

Quoting DeltaMD90 (Reply 10):
2 words: profit sharing  

Which in 2013 is being reduced by 33%!!!!!! From 15% of profits to 10% of profits.


User currently offlinemayor From United States of America, joined Mar 2008, 10393 posts, RR: 14
Reply 14, posted (1 year 11 months 15 hours ago) and read 11596 times:

Quoting StuckInCA (Reply 11):
I hope it doesn't come back to bite them - or that the information is misleading.

I think it's the latter......if it's the article I'm thinking about, it was only brought to light by ONE blogger and there was so much other misleading info in what he said, that his credibility was severely strained, in my opinion.



"A committee is a group of the unprepared, appointed by the unwilling, to do the unnecessary"----Fred Allen
User currently offlineMSPNWA From United States of America, joined Apr 2009, 1936 posts, RR: 2
Reply 15, posted (1 year 11 months 15 hours ago) and read 11449 times:

Airlines are going to post great Q3 numbers. Nothing happened to slow them down. It will be interesting again to see all the results.

Quoting DeltaMD90 (Reply 10):
2 words: profit sharing

Which won't go to the employees who really need it (DCI). Without them, Delta doesn't have a profitable airline.

I'm sorry, but to me DL's profit sharing system is a sham in the current airline business model. It's a fine idea if everyone that helped with the profit shared in it. Morally I couldn't have a system that rewards only a percentage of the contributors.


User currently offlineDeltaMD90 From United States of America, joined Apr 2008, 7884 posts, RR: 52
Reply 16, posted (1 year 11 months 15 hours ago) and read 11405 times:

Quoting MSPNWA (Reply 15):
Which won't go to the employees who really need it (DCI). Without them, Delta doesn't have a profitable airline.

Delta is Delta. There are a lot of things that allow Delta to be responsible (like airports) but different payroll



Ironically I have never flown a Delta MD-90 :)
User currently offlinemayor From United States of America, joined Mar 2008, 10393 posts, RR: 14
Reply 17, posted (1 year 11 months 15 hours ago) and read 11317 times:

Quoting MSPNWA (Reply 15):

I'm sorry, but to me DL's profit sharing system is a sham in the current airline business model. It's a fine idea if everyone that helped with the profit shared in it. Morally I couldn't have a system that rewards only a percentage of the contributors.

Then the companies that those people actually work for, the contractors, are the ones that should be sharing THEIR profits with their employees. I suppose, in your eyes, the DL employees have done nothing to earn that profit sharing.....that it's ALL the DCI carriers that are turning the profits? That DL should pay some of its profits to people that don't even, legally, work for them?



"A committee is a group of the unprepared, appointed by the unwilling, to do the unnecessary"----Fred Allen
User currently offlineOOer From United States of America, joined Oct 2005, 1466 posts, RR: 2
Reply 18, posted (1 year 11 months 14 hours ago) and read 11186 times:

Quoting MSPNWA (Reply 15):
Which won't go to the employees who really need it (DCI). Without them, Delta doesn't have a profitable airline.

I couldn't disagree with you more. Delta and the DCI carrier sign a contract and the DCI carrier provides Delta a service. This contract has a margin for profit for the DCI carrier. You want profit sharing...you should get it from your DCI carrier. It's like saying the workers of a utility company should get profit sharing from all the companies that use electricity...because without power they couldn't make a profit.


User currently offlineFlyASAGuy2005 From United States of America, joined Sep 2007, 7004 posts, RR: 11
Reply 19, posted (1 year 11 months 14 hours ago) and read 11112 times:

Quoting OOer (Reply 13):
Which in 2013 is being reduced by 33%!!!!!! From 15% of profits to 10% of profits.

That's only on the first $1B or whatever it is. It'st still whatever the rate is now after the threshold. And just to be clear, this is what the employees wanted. They wanted more pay in their pocket and less of it being gambled on what Delta may or may not make during the year. Delta above and below wing employees (plus F/As), come next year will be the highest paid of all majors minus WN. Please tell the whole story.

Quoting MSPNWA (Reply 15):
I'm sorry, but to me DL's profit sharing system is a sham in the current airline business model. It's a fine idea if everyone that helped with the profit shared in it. Morally I couldn't have a system that rewards only a percentage of the contributors.

Ev has had their own profit sharing plan for years...nothing to do with DL. They have their own bottom line.

Just an example...



What gets measured gets done.
User currently offlinegaystudpilot From United States of America, joined Dec 2007, 453 posts, RR: 7
Reply 20, posted (1 year 11 months 14 hours ago) and read 11098 times:

RE: Financial performance

1) How is DL doing with "Win New York"? How is winning measured?

2) How is DL doing with "Monetize First Class"?


User currently offlineFlyASAGuy2005 From United States of America, joined Sep 2007, 7004 posts, RR: 11
Reply 21, posted (1 year 11 months 14 hours ago) and read 11009 times:

Quoting gaystudpilot (Reply 20):
1) How is DL doing with "Win New York"? How is winning measured?

"Winning In NYC" Basically being the premiere NYC airline (as far as I know)

According to all statements made since the slot swap and quoting Ed Bastian; LGA is doing "swimmingly well".
-Corporate contracts are up.
-FF base has grown quite a few percentage points. In the last investor presentation given a couple weeks ago, they've seen concrete evidence that corporate traffic (premium traffic in general) is deflecting from AA. Or is at least giving DL business they didn't have before.
-The D/C connector bridge is on track
-The US Airways club on C was recently reopened as a fully renovated SkyClub. Currently building out the second club on D and will measure about 10,000 sq.ft.; one of the largest in the system.
-Delta Shuttle is all DCI. Costs on the routes have gone down quite a bit due to the lower costs of CP/S5 and the E-Jets
-JFK T4 is exactly on schedule and will be open and ready for business next year.

Quoting gaystudpilot (Reply 20):


2) How is DL doing with "Monetize First Class"?

First Class up sells are the name of the game. If they can get someone to pay for it they will. That's something ongoing.



What gets measured gets done.
User currently offlinePIEAvantiP180 From United States of America, joined Sep 2009, 533 posts, RR: 0
Reply 22, posted (1 year 11 months 13 hours ago) and read 10826 times:
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The profit sharing check however big or small someone may think it is is better then 0$. And a 0$ profit sharing check is exactly what majority of employees get in this industry. DL needs to ring out every dollar worth of profit while it can before another disaster man made our natural occurs, not saying it will happen but it could. I see the reactions when DL announces billion + profit for the quarter and the questions come out why this or that more for the employees. But the simple truth of the reality is that it can't happen like that, if DL prices it's self to high it will lose customers and money to the carriers that have lower labor costs and BK here we come again. It's not like this money will go to bonuses and profit sharing for the stock holders and the owners of the company. DL still has 12B$ of debt to pay off, it needs hundreds of millions every year on plane investments to keep the interiors modern and attractive for passengers to fly on so they don't go to the competition, and DL will still need tens of billions of dollars to replace hundreds and hundreds of airplanes coming up on retirement in the next decade. I have read the pension article Major is taking about and how ever misleading it is and factually wrong there is still the fact that the pension is still billions of dollars underfunded, how many billions I don't know but if it's 5, 10, 15, or 20+ billions like the article claims is still a substantial amount of money. So before you start saying DL should give more money to this and that look at where it needs to go on top of employee salaries.

User currently offlineNWAESC From United States of America, joined Aug 2007, 3386 posts, RR: 9
Reply 23, posted (1 year 11 months 7 hours ago) and read 9564 times:

Quoting fanoftristars (Reply 9):
Just curious, what is the portion that you pay monthly for that type of coverage?
Quoting OOer (Reply 13):
For an active employee it's $86, for a retiree it's around $790.

Family coverage will be $247. The OOA option has higher premiums for both.

Both deductibles and coinsurance max will see significant increases for the plan OOer is discussing.

Quoting FlyASAGuy2005 (Reply 19):
That's only on the first $1B or whatever it is. It'st still whatever the rate is now after the threshold. And just to be clear, this is what the employees wanted. They wanted more pay in their pocket and less of it being gambled on what Delta may or may not make during the year.

I wasn't asked, but would've voted for it. I prefer my $$ in my hands now, as opposed to waiting on something that may or may not occur, and a distribution formula that changes annually.

Quoting FlyASAGuy2005 (Reply 19):
Ev has had their own profit sharing plan for years

I'm curious about their plan. Any info you can provide?



"Nothing ever happens here, " I said. "I just wait."
User currently offlinediverdave From United States of America, joined Mar 2010, 331 posts, RR: 0
Reply 24, posted (1 year 11 months 6 hours ago) and read 9319 times:

Quoting deltadc9 (Reply 1):
I am actually thinking about getting back into Delta's common stock.

Delta is doing well, but I would be leery of their huge pension plan deficit. It's over $11 billion.

http://www.pionline.com/article/20120725/DAILYREG/120729923

Quoting OOer (Reply 13):
Still a $650 out of your pocket...and the annual max is $3,000. That "$500" will be reduced in 2014.

  I work for a large defense contractor and have a $500 deductible. We should get SPEEA in here to organize the place.  

David


25 OOer : Really? Continental, Southwest, Alaska, and Hawaiian all still have a better benefits package. It can also be argued that United flight attendants al
26 StuckInCA : Ugh. I work for a well regarded tech company and have it worse than that. Things aren't like they used to be. I hope that's true. I'm not that astute
27 Post contains images NWAROOSTER : I am a retired Northwest Airlines employee. Delta pays my pension. However, I get my medical insurance through my wife's former employer. There is NO
28 OOer : That was a contractual provision and since the CBA is no longer i effect that is also gone. The premium for retirees is now $790 per month...a 287% i
29 B727FA : That's not accurate and you know it. You need to tell the whole story to retain credibility. That's something to take up with YOUR DCI company...you
30 OOer : This is the whole story. The planned reduction in profit sharing first surfaced during ALPA negotiations. Pilots received an immediate 4% raise follo
31 WA707atMSP : Even though I'm definitely not one of the DL fanboys, I do not feel DL gets the credit they deserve on ANet for how well the merger has gone. DL was
32 NWAESC : The insurance numbers I posted are not "assumed." They're the 2013 rates.
33 Flighty : DL has done the merger well. Nobody doubts it. It took 10 years really since the dance began. Even if UA and CO do it 50% less well, it will still be
34 B727FA : I wasn't quoting you... This was my ref.
35 Coronado : 175million in estimated profit sharing to employees generated just this one most recent quarter is not exactly chopped liver. If the old compensation
36 OOer : Divide that by about 60,000 employees and you get a much smaller number. Then, take into consideration that that number is given out based on your ea
37 Post contains images toobz : OOer...ugh. Seems u are not happy with DL..time to look for something else maybe?? In case you haven't noticed most corporations have downgraded their
38 PPVRA : That's how hedging works. Sometimes you win, sometimes the bank wins. If you are doing it right in the end it's a wash. The point of this whole exerc
39 STT757 : What flight were you on?
40 OOer : I don't know of any profitable airline that has made their employees health benefits worse (in the US) in the past 6-7 years...except Delta who got r
41 StuckInCA : Broaden your horizon to something outside airlines. Highly successful, profitable companies that people lust for jobs with do not typically have bett
42 bobnwa : Would you not say that managements plans and follow thru on that plan has made Delta profitable just as much as the employees An example woud be the
43 bobnwa : Would you not say that managements plans and follow thru on that plan has made Delta profitable just as much as the employees An example woud be the
44 DeltaMD90 : Um, not trying to be harsh, but pilots are higher paid for a reason. You don't think that 3rd year first officers on the DC9 should make less than a
45 NWAESC : So, since everyone's insurance benefits are going in the wrong direction, it's okay that DL's do as well? That's quite a rationalization...
46 FlyASAGuy2005 : Please re-read what I said. BTW, quantify HOW their full package is better... I dont think thats what anyone's saying. It's just economic reality. So
47 dtw9 : It's not rationalization, it's reality. Delta has more than 10 Billion in debt. They have a pension fund that is only 40.4% funded. How do you expect
48 Post contains images airtechy : My guess is that the vast majority of Delta people will be very happy with the profit sharing.....and well they should be as they were one of the majo
49 NWAESC : Hey, maybe they should funnel those net profits into debt service instead of profit sharing. *That* would be fiscally responsible. Just a thought...
50 FlyASAGuy2005 : They're doing that already unless I'm not understanding what you mean by debt service. DL has paid down close to $4B in debt in about 4 years.
51 OOer : I would say that success wouldn't have been possible without the hard work of the employees, and without a good business plan created by airline lead
52 DeltaMD90 : Keeping the employees happy makes the airline run wayyyyyy more smoothly. Pay some now (make the employees happy) and save later (with good, producti
53 SR117 : And if DL paid down more debt instead of profit sharing, you would have people like OOer complaining even more that DL is not giving employees their
54 FlyASAGuy2005 : I get what you're saying. I was asking for NUMBERS. BTW, like I said come January, DL will only trail WN on most to all payscales so I don't know whe
55 Post contains images SR117 : Sorry for not clearing things up above, but I agree with your points, I just happened to quote your post as a starting point however I was mostly tal
56 FlyASAGuy2005 : I went on a little rant, sorry LOL. I totally agree with what you said in your post 100%. What I meant by I had been down this road before was that i
57 OOer : Again, incorrect. Come January Delta will still trail Continental ($52.53 max & $57.53 after 70 hours a month), WN (which you admit), Alaska ($46
58 Post contains images Deltal1011man : lol. what a joke. smh err...like who? I can't think of any major airline that doesn't do profit sharing....... United has a better package in MX also
59 DocLightning : Wow! I'll be flying DL SFO-DTW next month and I am excited about it. DL seems to have managed to put together a good product, good service, and finan
60 RyanairGuru : I'm starting to wonder what your beef with DL is. Is it that they are non-unionised or something else?
61 NWAESC : I'm well aware that they've been paying it down. I'm glad to see it. Obviously, the more progress the better. The poster I quoted said a company need
62 Post contains links PIEAvantiP180 : While looking at Yahoo finance on DL ticker I saw a news link from the wall street journal saying KE and DL looking at a closer cooperation. I know th
63 OOer : It's no beef at all. If you read above I actually praise DL for doing some good things... My problem is when people come on the board and post claims
64 bobnwa : Yes you do praise DL but very rarely. You do appear to have a chip on your shoulder regarding DL. Did they treat you bad at one time?
65 WA707atMSP : I'm not going to say, because I do not want the employees to get in trouble. This is a public forum, and it would be unfair for me to make a comment
66 OOer : I give merit where it's due. Delta leaders get credit for developing a strategy to make Delta a profitable corporation and even a top tier airline in
67 mcg : DL is running one helluva an airline right now. It's a machine; from the website to the airport ops to the flights, it works like a machine.
68 lucky777 : I can't speak on behalf of each and every Delta employee, but to make such a sweeping generalization that "so many" DL employees think they're the be
69 DeltaMD90 : Oh brother, so your opinion is now fact? I know tons of DL employees (I lived in Delta-town, it was ridiculous) including my dad as a pilot! They cou
70 Surprise : I remember when we were still in bankruptcy, I was at the Velvet Rope Tour and Ed Bastian spoke, He said that we would no longer be the highest paid a
71 OOer : Thank you for proving my point. Most Delta employee groups (except Pilots and Dispatchers) aren't even in the top 3 nationwide. Most are somewhere in
72 OOer : Of course pilots are happy. Their % in pay increases are nearly double what other employee groups got and have the highest 401(k) contribution in the
73 OOer : Delta is making over a billion a year. The cost to provide GOOD health insurance is a small fraction of that profit. It's about choices, and Delta le
74 mayor : Since that was in '82, I'd be willing to bet that the vast majority of those people aren't even there, anymore. Actually, the retiree's portion is ab
75 NWAESC : Uh, those have been gone for a long time now... For those retiring in 2013, the rates OOer posted are pretty accurate, depending on which plan one pi
76 n126dl : Is this what is being built near the WN gates?
77 airtechy : Thanks...very well said and I couldn't agree more. It's obvious that Delta has a lot of employees pulling for the company regardless of whether they
78 bobnwa : Could not agree more. I asked him if Delta had treatewd him badly, but he didn't answer
79 lucky777 : Based solely on hourly pay, effective January 1, 2013, Delta ACS employees will be paid more than anyone other than LUV. That much is fact and irrefu
80 Prost : Previous NW employee, current DL employee. Am I 100% happy with everything at work? No, but I'm much happier at DL than I was at NW. I really wish I h
81 Post contains links OOer : On the seniority list today there are over 4,000 f/a's with a hire date of 1982 or earlier. Take away 1,400 or so from the NW side...and that's still
82 rwy04lga : WN gates? FlyASA is referring to the connector bridge being built between terminals C and D at LGA. Delta moved into terminal C March 25 and is the p
83 lucky777 : As of the moment top out on the ramp at Delta is $22.06 before differential. Effective 01/01/2013 the rate of pay goes up an additional 5%. I believe
84 NWAESC : DL scale is 10.5 years. The CO (UA/CO) employee will be at top out for several years waiting for the DL person to catch up.
85 rwy04lga : He doesn't look like a fool to me! If ANYone looks like the fool..... You don't NEED to address it, but why not do it anyway? We could all use a good
86 mayor : Only because you can't refute it.......the company repaid the employees, many times over, after the "Spirit" was bought. I'm basing what I thought yo
87 OOer : Well they lied to you. Delta hasn't paid a dime in retiree health insurance since bankruptcy. Personally, the gripes I have are very minimal compared
88 n126dl : My apologies for making a retarded post. I assumed he was talking about ATL - I had that location stuck in my head from another reply on the thread.
89 Post contains images mayor : Well, good for you......I have, too........but your contribution to these funds (as are mine) do not benefit the company directly, as buying the plan
90 FlyASAGuy2005 : Thank you. Thank you.
91 CompensateMe : I really don't know what employee groups Deltal1011man was comparing. Most hourly UA employees have access to an HMO for little or no-cost (the emplo
92 mayor : Edit Edit Edit[Edited 2012-10-04 22:12:43]
93 Post contains images usdcaguy : The fundamental problem with basing a profit-sharing payout on an employee's salary this is that certain employee groups are already behind in terms
94 Post contains images toobz : So, the pension I earned, over the 33 years I worked for the company, somehow I DIDN'T earn? Please, enlighten me. My statement holds true BEFORE I re
95 NWAESC : I honestly have my doubts that they would ask... Has someone suggested that? I think looking at the differences in 401k matches amongst various workg
96 OOer : Sounds like I hit soft spot. But I guess we should just believe you. The job you did to earn your pension is the same job someone in your same positi
97 NWAESC : Someone pointing out disparities, or things they'd like to work to change =/= unhappy with their job. On the contrary; speaking up/out shows that som
98 lucky777 : While it's not my job to remind you of a question you asked i guess i must. You asked about topped out base pay and the length of time it takes to re
99 Surprise : I think that actually has merit but I'm not sure how it would work. Different work groups work differnt hours weekly, monthly and yearly so then it b
100 Post contains images mayor : With all due respect, I got my e-mails, directly from Rob Kight.......that good enough? The only ones that use that argument are the ones that never
101 srbmod : This discussion has veered well away from the topic and since a few of you continue to insist on hijacking threads about Delta OFF TOPIC, this thread
102 OOer : This discussion basically started with the discussion of health benefits and other benefits. Any reasonable and intelligent individual places weight
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VX Reports First Quarter 2012 Results posted Tue Jul 3 2012 14:03:55 by MaverickM11
Delta Announces Q3 2011 Profit posted Tue Oct 25 2011 05:05:35 by panamair
Delta Announces Q3 2010 Profit posted Wed Oct 20 2010 05:04:35 by panamair