DAL crushes it; very strong earnings report for Q1 2014
Apr 23, 2014, 9:51 am
#33
Join Date: Sep 2012
Programs: DL DM, MM
Posts: 2,970
I hope you are not a CPA.
Selling almost anything in advance has that affect.
On top of that, if you think Delta is taking a loss on selling skymiles, you're nuts. They won't sell them at a price where the liability recognized would be higher than the sale price.
Selling almost anything in advance has that affect.
On top of that, if you think Delta is taking a loss on selling skymiles, you're nuts. They won't sell them at a price where the liability recognized would be higher than the sale price.
Apr 23, 2014, 10:01 am
#34
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Join Date: Aug 2005
Location: BOS
Posts: 15,027
People who are cheering Delta now for grabbing more revenue by selling trillions of skymiles to AMEX should not be surprised when they find out that the lowest award level has been increased to 100,000 miles one way.
Last edited by Dieuwer; Apr 23, 2014 at 10:10 am Reason: Typo
Apr 23, 2014, 10:10 am
#36
FlyerTalk Evangelist
Join Date: Oct 2011
Location: ATL
Programs: DL Scattered Smothered Covered Medallion, Some hotel & car stuff, Kroger Plus Card
Posts: 10,745
Apr 23, 2014, 10:11 am
#37
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Join Date: Aug 2005
Location: BOS
Posts: 15,027
Maybe it is my location. Boston has become extremely expensive to fly from.
Apr 23, 2014, 10:23 am
#38
Join Date: Mar 2013
Location: San Diego, CA
Programs: SPG-Gold
Posts: 371
Corp travel is forcing me to use AS that has RT fares 396-450 vrs 650 -800+ on DL.
Really bites that I will go from DM to FO as a result
Apr 23, 2014, 10:27 am
#39
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Join Date: Sep 2012
Programs: DL FO/KM, AA PLT
Posts: 2,594
Its not just you, I have been unable to get fares SAN-BOS that I need to fly 14 times a year. Last year I was 140K miles and this year I might get 20K BIS miles.
Corp travel is forcing me to use AS that has RT fares 396-450 vrs 650 -800+ on DL.
Really bites that I will go from DM to FO as a result
Corp travel is forcing me to use AS that has RT fares 396-450 vrs 650 -800+ on DL.
Really bites that I will go from DM to FO as a result
Apr 23, 2014, 10:40 am
#40
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Join Date: Sep 2005
Location: SEA
Programs: UA Silver, BA Gold, DL Gold
Posts: 9,779
Apr 23, 2014, 10:45 am
#41
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Join Date: Aug 2005
Location: BOS
Posts: 15,027
If Delta is printing skymiles out of thin air and selling them to AMEX, the result is that Delta now has the dollars and AMEX the miles.
Next, AMEX tries to incentivize consumers to use AMEX credit cards by giving them the skymiles. Subsequently, consumers like we try to use those miles to buy award seats on Delta.
If it turns out that we cannot use those miles because Delta does not make enough award seats available, or makes them too expensive, we get upset and refuse to use AMEX credit cards. Then AMEX will be stuck with those miles, their profit goes down, and AMEX stock holders will be pissed.
Apr 23, 2014, 11:14 am
#42
Suspended
Join Date: Jun 2009
Programs: Delta skymiles DM + 1MM
Posts: 8,144
I obviously can't post numbers from TravelNet, but suffice it to say that one must pick their flights carefully if traveling NRSA and aiming for an upgrade on LAX-JFK and vv. This has been far more successful at selling J seats than I anticipated.
On the plus side, those profit-sharing checks from my DL spouse are a welcome addition to the household income!!
On the plus side, those profit-sharing checks from my DL spouse are a welcome addition to the household income!!
Apr 23, 2014, 11:15 am
#43
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Join Date: Sep 2005
Location: SEA
Programs: UA Silver, BA Gold, DL Gold
Posts: 9,779
If it turns out that we cannot use those miles because Delta does not make enough award seats available, or makes them too expensive, we get upset and refuse to use AMEX credit cards. Then AMEX will be stuck with those miles, their profit goes down, and AMEX stock holders will be pissed.
Apr 23, 2014, 11:29 am
#44
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Join Date: Sep 2002
Location: Chicagoland, IL, USA
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