Delta sees second-quarter profit

[wheelsup]

No joke...

CHICAGO (Reuters) - Delta Air Lines on Wednesday said it expected to post a profit in the second quarter, excluding special items, and plans to cut its domestic capacity by 13 percent in the second half of 2008.


In a government filing, the airline, which plans to merge with Northwest Airlines , said it has hedged 43 percent of its anticipated 2008 fuel consumption.

[...source...]

A management team, that, manages?!? Must be nice!

[meyers9163]

Thus a novel concept eh?

[surreal1221]

*gasp!*

A profitable airline! OMG!!! How did that happen?

Ah. . .whatever, one quarter. . .let's see what the trend is.

[Foxcow]

Hopefully this continues!

[Doug Taylor]

I have no idea what's going on domestically, but the trans-Atlantic flights I've been doing are jammed-packed full of Europeans and very few (any?) of the "I got this flight for $80 on Priceline, y'all!"'s onboard.

[Foxcow]

Originally Posted by Doug Taylor

I have no idea what's going on domestically, but the trans-Atlantic flights I've been doing are jammed-packed full of Europeans and very few (any?) of the "I got this flight for $80 on Priceline, y'all!"'s onboard.

The tourism is probably on the up and up in the US due to the weak dollar. Vaca is cheap for them!

[SoCalAprch]

Originally Posted by Foxcow

The tourism is probably on the up and up in the US due to the weak dollar. Vaca is cheap for them!

This could be the one saving grace for some of the big airlines. I also have heard that Delta is doing a good job of attracting these Europeans who are willing to drop some coin to come vacation here.

[SeanD]

Domestically I know Delta cut LAS service a bit. Those flights were never full from LAS to ATL in the 5 years Ive flown Delta out of LAS. I always thought it must have been an expensive flight to operate at $200 or less a head. I cant imagine a profit. Its about time the flying public pay a realstic ticket price.

[SpiraMirabilis]

Is their (unethical) strategy of dumping feed carrier contracts by either setting impossible flight schedules or cancelling flights and them claiming completion factor is under that required by the contract a factor in their profitability?

[Lee D]

Nice to hear some good news in this industry that has been so gloomly lately.

[Doug Taylor]

Ebb and flow, maing. Ebb and flow. Even if it's mostly ebb, no reason to open that artery!

[wheelsup]

Originally Posted by SpiraMirabilis

Is their (unethical) strategy of dumping feed carrier contracts by either setting impossible flight schedules or cancelling flights and them claiming completion factor is under that required by the contract a factor in their profitability?

Said feed carriers didn't have to sign the contract if they didn't agree to it.

[E_Dawg]

You know it's a jacked up industry when an airline actually making a profit is NEWS...

[Doug Taylor]

No doubt!

[SoCalAprch]

Originally Posted by E_Dawg

You know it's a jacked up industry when an airline actually making a profit is NEWS...

Ill second that...

[Seggy]

I have a thing for European Women.

[SpiraMirabilis]

Originally Posted by wheelsup

Said feed carriers didn't have to sign the contract if they didn't agree to it.

Said feed carriers probably expected the other party in the contract to comply with the good faith provision in it.

[Doug Taylor]

I had a contract with Delta too for a period of time!

[Kingairer]

Originally Posted by Seggy

I have a thing for European Women.

Me2...Howd it go?

[Soul Brotha']

Originally Posted by Doug Taylor

I have no idea what's going on domestically, but the trans-Atlantic flights I've been doing are jammed-packed full of Europeans and very few (any?) of the "I got this flight for $80 on Priceline, y'all!"'s onboard.

When I commute on DL to and from work out of MCO, I would say a majority of the flight is from Europe. You get some interesting languages being overheard.

[surreal1221]

Originally Posted by SpiraMirabilis

Said feed carriers probably expected the other party in the contract to comply with the good faith provision in it.

Just wondering. . .but have you read all of the contracts for "said feed carriers?"

[SpiraMirabilis]

Originally Posted by surreal1221

Just wondering. . .but have you read all of the contracts for "said feed carriers?"

I've read one of them but I know for a fact that both have an almost identical good faith provision. Wheelsup said that the feed carrier did not have to sign the contract which is true -- Delta also did not have to sign the contract but they also did. Both sides are held to the terms of the contract, not just the feed carrier.

But with all that said I am not a lawyer or judge so my opinion doesn't count for much with regards to this.

[surreal1221]

Okay. Glad you took my question the right way, was afraid it might have came off as me trying to be an ####### - but I was genuinely wondering if you had read the contract(s).

[SpiraMirabilis]

Nah, I know you well enough from your posts that you're not an #######. :P

[kellwolf]

Originally Posted by wheelsup

Said feed carriers didn't have to sign the contract if they didn't agree to it.

If the contract states that the two will work together on block times, yet Delta does it all themselves and turns a deaf ear when the other partner says "Uh, we'll try our best, but this isn't realistic. What happened to working together?", then I'd say both parties need to adhere to the contract. Two way street, ya know. At first, I was thinking Mesa was crying foul for no reason over the whole completion factor issue. Now, I'm not too sure.....

Now, if our management is feeding us a line of bull on that, then they deserve to be looking for new employment.