DL Grounds Flights and Withdraws Its Financial Outlook
#16
Join Date: May 2009
Location: Seattle, WA
Programs: DL Diamond 1.7MM, Starlux Insighter, Bonvoy Titanium, Hilton Gold, Hertz PC
Posts: 3,944
This will likely result in consolidation of two narrowbody flights into one widebody in most cases.
#17
Join Date: May 2009
Location: Seattle, WA
Programs: DL Diamond 1.7MM, Starlux Insighter, Bonvoy Titanium, Hilton Gold, Hertz PC
Posts: 3,944
Anyone know if the reductions are already loaded or if they are still coming? None of my upcoming trips are affected yet, but they are also all international flights on major trunk routes...
#18
Original Poster
Join Date: Jul 2003
Location: Atlanta
Posts: 5,174
I tried to book some dummy flights this morning and several flights each day are completely sold out in all fare classes even though the seatmap shows 50%+ availability. These are the flights that will be cancelled.
#19
Join Date: Jul 2004
Location: Seat 1A
Programs: DL; AA; UA; CO; LHLX; NZ; QR; EK; BA
Posts: 7,403
Some of them are definitely loaded - e.g., JFK-TLV has been suspended from tomorrow (3/11) on for two weeks for now....the JFK-BOM frequency cuts (to 4x weekly) starting in April have been loaded...etc.
#20
FlyerTalk Evangelist
Join Date: Jul 2003
Posts: 23,019
They will most likely get loaded this coming Schedule Change Saturday. A few were loaded last Saturday and you can find them in the OAG Changes update on airliners.net. At this point, many just appear to have zero'd out inventory.
#21
Join Date: Nov 2016
Location: Tri-state Indiana
Programs: SkyMiles Member, WFBF
Posts: 20
From my understanding from a Delta pilot buddy, they feel pretty confident that mandatory retirements should negate the need to furlough pilots. He also said that for a furlough to make financial sense, the pilots would need to be out closer to two years. He is unsure about the flight attendant manpower situation, however.
#22
Join Date: Oct 2017
Location: BNA
Programs: DL GM, HH Diamond
Posts: 1,027
Good News: It isn't sold out.
Bad News: It is 10% CHEAPER than when I bought it!
#23
Join Date: Mar 2018
Location: EDI/GLA
Programs: DL 2 MM Unobtainum | UA 1.1MM Gold | MR Bonvoy Titanium
Posts: 2,268
If you're still traveling next week then this is an excellent opportunity to take advantage of the change fee waiver and re-fare your itinerary to save money for future travel.
#24
FlyerTalk Evangelist
Join Date: Nov 2009
Location: SEA (the REAL Washington); occasionally in the other Washington (DCA area)
Programs: DL PM 1.57MM; AS MVPG 100K
Posts: 21,357
provided the purchase date was inside the waiver window ... I have a couple of UA segments toward the end of the month that I booked on 29 Feb, but their window starts 3 Mar
#25
Join Date: Oct 2017
Location: BNA
Programs: DL GM, HH Diamond
Posts: 1,027
She told me the waiver was only for people not wanting to fly right now.
In reading the update on their website it does say "can be changed one-time to an alternate itinerary" [emphasis mine] so I am not going to fight it. Plus my booking is complicated so the time wasted fighting isn't worth there savings as I would use a voucher but the rest in my group would likely not anyway. Plus I do feel like it is sort of taking advantage of the nature of the waiver.
#26
Join Date: Oct 2017
Location: BNA
Programs: DL GM, HH Diamond
Posts: 1,027
At least their waiver didn't start March 1 with you booking on Feb 29, because that would be 1 in 4 years type of luck.
#28
Join Date: May 2009
Location: SEA
Programs: AS MVPG, DL FO, Marriott Gold, Hertz 5 Whatevers
Posts: 1,099
The PR mentioned they'll announce more specifics later this week. I imagine network planning and revenue management are having a ton of fun right now getting that sorted out - they have been zeroing out inventory on some of the higher frequency markets at least domestically.
#29
Join Date: Nov 2005
Location: Central FL
Programs: DL Gold; Bonvoy Gold; HHonors Diamond; Avis Preferred, Hertz PC
Posts: 600
#30
FlyerTalk Evangelist
Join Date: Feb 2003
Posts: 10,206
I don't get where people keep painting this gloomy picture of AAL's finances. At the end of 2019 AAL had $33 billion of debt and $59.99 billion in assets (ratio of 55.7%) and DAL had $47.3 billion of debt and $64.5 billion of assets (ratio of 73.4%). Yeah AAL is a worse airline, but their balance sheet is much better than Delta's.
I would look out for even more severe cuts by all airlines over the next few weeks and if this goes on for a few months at least a handful of bankrupt airlines will result.