skibum9
Posts: 862
Joined: Sun Nov 04, 2001 1:13 pm

Delta's Recovery Plan

Wed Sep 08, 2004 9:49 pm

As announced during the conference call today:

1. Updating and upgrading customer products and services, including cabins and online functionality, and maintaining two-class service in mainline operations;

2. Redesigning Atlanta's hub operation to add more flights for greater customer choice and reliability while simultaneously reducing congestion;

3. Dehubbing Delta's Dallas/Ft. Worth operation and re-deploying those assets to grow hub operations in Atlanta, Cincinnati and Salt Lake City;

4. Adding 31 new nonstop flights to 19 additional destinations from key focus cities;

5. Growing Song, initially by 12 aircraft; -- Reducing fleet complexity by retiring at least four fleet types in
four years and increasing overall fleet utilization and efficiency;

6. Eliminating 6,000-7,000 jobs over the next 18 months, lowering management overhead costs by 15 percent, and reducing pay and benefits; and

7. Creating an Employee Reward Program to include equity, profit sharing and performance-based incentive payouts.

More details in this link.
http://biz.yahoo.com/prnews/040908/clw033_1.html


Tailwinds!!!
 
Av8rDAL
Posts: 356
Joined: Sat Jan 10, 2004 1:41 am

RE: Delta's Recovery Plan

Wed Sep 08, 2004 9:55 pm

Any ideas as to which types will be retired? My guess is the 732s, 733s, 762s, MD90s. Feel free to tell me I'm wrong  Smile.
Maintain thine airspeed, lest the Earth rise up and smite thee.
 
Greg
Posts: 5539
Joined: Sat May 28, 2005 1:11 am

RE: Delta's Recovery Plan

Wed Sep 08, 2004 9:56 pm

Absolutely craptacular!
It's much ado about nothing.....

The only move of significance is getting rid of 6-8K employees---Delta has always been bloated. But it's likely management should make concessions first....
 
JFKviaPHX
Posts: 188
Joined: Tue Feb 24, 2004 1:31 am

RE: Delta's Recovery Plan

Wed Sep 08, 2004 10:01 pm

DFW is being dropped to 21 mainline flights....