I absolutely believe that cargo is a significant contributor to flight profitability. But passenger airlines cannot make money on flights that do not have profit potential on the passenger side expecting cargo to make the flight profitable. Of course it is a matter of degrees as to where profits come from but passenger airlines are designed to run passenger operations with contributions from the cargo segment, not the other way around. Combi aircraft are the closest thing to having a predominantly cargo focused flight with a few passengers but that concept never was terribly strongly embraced.
I don’t like to see anyone lose what has been promised to them but unfortunately that is part of what is allowed in the BK process, including retirees. Let’s not forget that the DL
pilots took billions of dollars out of their retirement plan in the form of lump sum distributions in a mass exodus. It is not realistic to think that any company or government could fund 25-30% of their employee or population’s retiree benefits if they had to do it in a couple year period – and that is exactly what DL
was faced with doing after the mass exodus of pilots with their lump sums. However, everyone who lost something at DL
, including the retirees will get some sort of stake in the reorganized DL
. If DL
continues its strong restructure, those equity stakes might be worth something.
As for the argument about why Boeing won’t allow DL
to defer the 777 orders any longer, you are assuming that DL
will EITHER order the 787 or buy 777s now. Boeing undoubtedly knows that DL
is not going to reject their contract with Boeing and will also order 787s so they would far rather see DL
take the 777s now PLUS buy 787s by the dozens in a couple years.
Can you post the actual data or a link to your most recent data on the 787 weights and performance? The search function is not finding your posts that contained it.
Also, I don’t think you will see a whole lot of airlines using the full fuel capacity of the LR
via the body tanks. Most of the routes that DL
is expected to use the LR
for can be done with the current fuel capacity of the ER
but with the weights of the LR