Go Back  FlyerTalk Forums > Miles&Points > Airlines and Mileage Programs > Delta Air Lines | SkyMiles
Reload this Page >

Delta reports $1.4 billion quarterly profit

Community
Wiki Posts
Search

Delta reports $1.4 billion quarterly profit

Thread Tools
 
Search this Thread
 
Old Oct 23, 2013, 7:11 am
  #31  
Suspended
 
Join Date: Sep 2005
Location: SEA
Programs: UA Silver, BA Gold, DL Gold
Posts: 9,779
Originally Posted by Beckles
The ability of airlines to earn huge profits in good times has never been I doubt, whether the airlines can sustain it still has not been proven. If Delta continues to earn such large profits, the employees will demand their share they've previously given back, new airlines wanting their share will start and expan, then some event will impact the airlines negatively and they'll be back to outsize losses.
I think that is fair enough, but I think that the current experience is a bit unique in that times actually aren't terribly "good" right now. The current string of success has come despite a relatively weak global economy. I would also question how much power the employee groups retain. Certainly, the plane drivers retain quite a bit of power, but I question whether the other work groups haven't been detoothed.
pbarnette is offline  
Old Oct 23, 2013, 7:14 am
  #32  
Suspended
 
Join Date: Aug 2005
Location: BOS
Posts: 15,027
Originally Posted by indufan
They call this capitalism.
Oligarchism or Cronyism, not capitalism.
Dieuwer is offline  
Old Oct 23, 2013, 7:33 am
  #33  
Original Member and FlyerTalk Evangelist
 
Join Date: May 1998
Location: Kansas City, MO, USA
Programs: DL PM/MM, AA ExPlat, Hyatt Glob, HH Dia, National ECE, Hertz PC
Posts: 16,579
Originally Posted by Often1
It's perfectly possible to serve a hot meal in steerage on a 45-minute flight. Just ask BA. But, that's not what the domestic US market demands.
Is it possible to do it profitably? BA certainly hasn't proven that.
Originally Posted by pbarnette
I think that is fair enough, but I think that the current experience is a bit unique in that times actually aren't terribly "good" right now.
The main thing making times good right now is that there haven't been any new entrants into the market enabling the industry in general to control capacity, if the airlines continue to post huge profits it inevitably will attract more capacity.
Originally Posted by pbarnette
I would also question how much power the employee groups retain. Certainly, the plane drivers retain quite a bit of power, but I question whether the other work groups haven't been detoothed.
Come contract renegotiation time, the unionized groups will point at the profits and demand their share that they had previously given back, I think it's naïve to think they won't.
Beckles is offline  
Old Oct 23, 2013, 8:12 am
  #34  
Suspended
 
Join Date: Sep 2005
Location: SEA
Programs: UA Silver, BA Gold, DL Gold
Posts: 9,779
Originally Posted by Beckles
Come contract renegotiation time, the unionized groups will point at the profits and demand their share that they had previously given back, I think it's naïve to think they won't.
Aren't the plane drivers the only unionized group left at DL? Even if they were unionized, I'd offer that the low-skill work groups (FAs, ramp workers, etc) have less leverage, since they can be replaced rather easily.
pbarnette is offline  
Old Oct 23, 2013, 8:26 am
  #35  
 
Join Date: Aug 2010
Location: NYC
Programs: DL DM/SC, SPG Plat, UA, AA, Hertz Gold
Posts: 452
The announcement call has some interesting nuggets in it and is worth the read if you have 10 minutes.
elkapong is offline  
Old Oct 23, 2013, 8:59 am
  #36  
Original Member and FlyerTalk Evangelist
 
Join Date: May 1998
Location: Kansas City, MO, USA
Programs: DL PM/MM, AA ExPlat, Hyatt Glob, HH Dia, National ECE, Hertz PC
Posts: 16,579
Originally Posted by pbarnette
Aren't the plane drivers the only unionized group left at DL? Even if they were unionized, I'd offer that the low-skill work groups (FAs, ramp workers, etc) have less leverage, since they can be replaced rather easily.
You don't think 20,000 non-unionized flight attendants can cause disruptions in an attempt to gain leverage and that they can be 'easily' replaced if they do? I don't particular agree with either point of view ...
Beckles is offline  
Old Oct 23, 2013, 9:19 am
  #37  
Suspended
 
Join Date: Sep 2005
Location: SEA
Programs: UA Silver, BA Gold, DL Gold
Posts: 9,779
Originally Posted by Beckles
You don't think 20,000 non-unionized flight attendants can cause disruptions in an attempt to gain leverage and that they can be 'easily' replaced if they do? I don't particular agree with either point of view ...
They can cause disruptions, but if they aren't unionized, they are readily replaced. And, yes, I do think they are easily replaced, as the job requires no special skills, just some basic level of competence. I couldn't be a pilot tomorrow, but I'm quite confident I could do a more than respectable job as an FA. Not saying, I'd want to, but it isn't a job that requires a terribly specific skill set.
pbarnette is offline  
Old Oct 23, 2013, 9:49 am
  #38  
 
Join Date: Sep 2011
Location: Minneapolis, formerly the shores of Lake Minnetonka
Programs: DL PM (and KM)
Posts: 394
Originally Posted by elkapong
The announcement call has some interesting nuggets in it and is worth the read if you have 10 minutes.
Care to summarize those nuggets??
Ebes1099 is offline  
Old Oct 23, 2013, 9:54 am
  #39  
 
Join Date: Apr 2009
Posts: 132
Originally Posted by Pi7473000
Well with outrageous fees, taking over a competitor, high fares, closing hubs cutting in flight services it is not surprise Delta makes so much money. With such limited competition now due to mergers and high fees and fares Delta and others will make this kind of money.
Don't look at one really good quarter and try to act like it will always be like this. In the last year Delta has had two quarters with profit margins of less then 0.1%. That is one of the issues with the airline industry it is very volatile.
kenban is offline  
Old Oct 23, 2013, 12:12 pm
  #40  
Ambassador: World of Hyatt
 
Join Date: Apr 2000
Location: San Diego,CA
Posts: 10,086
WOW
must be a good stock to buy can I cash in some Sky Pesos for some preferred stock?
777 global mile hound is offline  
Old Oct 23, 2013, 12:25 pm
  #41  
 
Join Date: Jan 2013
Location: SEA
Programs: AS 75k
Posts: 922
Originally Posted by tjhorner
B739, A321, A333, B787 all on order and deliveries underway..... 778/9 might be a possibility, but not until the aircraft is in production and proven....I don't see Delta ordering "paper" aircraft.
But NOT the 737 MAX or A320 NEO variants, the 333 and NOT the 350-800, and the 787 orders have been punted long down the road...

Originally Posted by PRWeezer
Used cars & end-the-year sales seem to be the current pattern.


Originally Posted by kenban
Don't look at one really good quarter and try to act like it will always be like this. In the last year Delta has had two quarters with profit margins of less then 0.1%. That is one of the issues with the airline industry it is very volatile.
As long as their main expense has volatile pricing I don't really see it changing.
WestSideBilly is offline  
Old Oct 23, 2013, 1:45 pm
  #42  
 
Join Date: Nov 2006
Location: SLC & NYC
Programs: Diamond Medallion, Delta Million Miler, Hyatt Globalist
Posts: 674
Originally Posted by DMPM
As a Delta employee, I would like to thank everyone for your business & loyalty. Delta wouldn't be successful, without loyal customers. Thank you again!
thank you. For the most part, the attitude and helpfulness of frontline employees has really been on the upswing. It's nice to be treated well on Delta.
sdadept is offline  
Old Oct 23, 2013, 1:49 pm
  #43  
FlyerTalk Evangelist
 
Join Date: Oct 2001
Location: check swarm
Programs: DL DM & 2MM, SPG/Bonvoid LT Titanium, Hyatt Globalist, $tarbucks Titanium
Posts: 14,404
Originally Posted by rylan
I don't have time right now to dig up the threads, but it started from a statement a couple years ago by a DL exec in rev management when talking about opportunities for additional revenue (paraphrasing) 'We've been starving but sitting on ham sandwiches the whole time".
That would be Glen W. Hauenstein, the executive vice president and chief revenue officer of Delta Air Lines. He's in charge of delta.com, Revenue Management (including award space), SkyMiles, and was the Exec who forced the SkyKlubs to downgrade the booze literally overnight. @:-)@:-)
itsaboutthejourney is offline  
Old Oct 23, 2013, 1:51 pm
  #44  
 
Join Date: Jan 2013
Location: SEA
Programs: AS 75k
Posts: 922
Originally Posted by itsaboutthejourney
That would be Glen W. Hauenstein, the executive vice president and chief revenue officer of Delta Air Lines. He's in charge of delta.com, Revenue Management (including award space), SkyMiles, and was the Exec who forced the SkyKlubs to downgrade the booze literally overnight. @:-)@:-)
So what you're saying is, the main driver of traffic to FT?
WestSideBilly is offline  
Old Oct 23, 2013, 1:51 pm
  #45  
Suspended
 
Join Date: Sep 2012
Programs: DL FO/KM, AA PLT
Posts: 2,594
Originally Posted by pbarnette
They can cause disruptions, but if they aren't unionized, they are readily replaced. And, yes, I do think they are easily replaced, as the job requires no special skills, just some basic level of competence. I couldn't be a pilot tomorrow, but I'm quite confident I could do a more than respectable job as an FA. Not saying, I'd want to, but it isn't a job that requires a terribly specific skill set.
DL's Flight Attendant Training is 8 weeks long. Pretty sure in those 8 weeks they're covering more than how to pass out peanuts and drinks and smile as passengers get on and off the plane.
FlyDeltaJets87 is offline  


Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.