Delta Air Lines: the end is near
Moderator: Latest news team
Delta Air Lines: the end is near
It's again time that the airlines give their financial results. The second time for this year. We are now speaking for the period April - June.
And there are some surprises: AA and CO have made profit. For some of them since a couple of years. So, after reducing the fleet, fired thousands of people, reorganizations, etc.
But, there is still one with big red figures. Delta Air Lines: 382 million dollar loss in the second quatre. Chapter 11 is not far and even the management is thinking in the direction of a bankruptcy.
They are going to take 14 aircrafts out of service, some people of the management are fired. So, not good at all.
And there are difficult negotiations about the pensions. The sky above Delta is black. If they think to go on strike they are going to loose more money.
I think the end is near. I thought it also last year when they had losses of 1 milliard euro. You can imaging how big this is for an airline.
Delta Air Lines is the third airline of the USA.
And there are some surprises: AA and CO have made profit. For some of them since a couple of years. So, after reducing the fleet, fired thousands of people, reorganizations, etc.
But, there is still one with big red figures. Delta Air Lines: 382 million dollar loss in the second quatre. Chapter 11 is not far and even the management is thinking in the direction of a bankruptcy.
They are going to take 14 aircrafts out of service, some people of the management are fired. So, not good at all.
And there are difficult negotiations about the pensions. The sky above Delta is black. If they think to go on strike they are going to loose more money.
I think the end is near. I thought it also last year when they had losses of 1 milliard euro. You can imaging how big this is for an airline.
Delta Air Lines is the third airline of the USA.
Re: Delta Air Lines: the end is near
Any idea which a/c they will put Out of service ??Atlantis wrote: They are going to take 14 aircrafts out of service, some people of the management are fired. So, not good at all.
Long Haulers or Short Haulers ??
Re: Delta Air Lines: the end is near
No, not at all. It was mentioned generally so no details about that. But it's still for this year and that's a lot: approx. 3 aircrafts per month!Dude320 wrote:Any idea which a/c they will put Out of service ??
Long Haulers or Short Haulers ??
-
BeerGuzzler
- Posts: 25
- Joined: 20 May 2005, 00:00
- Location: Atlanta, GA
- Contact:
Tough time for DL. Let's hope they'll be able to recover. But I fear that one or more of the big ones will have to disappear to enable the others to be profitable again....
Chris
What does this situation have to do with Airbus planes ?A380-800 wrote:Although they do not operate Airbusses, I hope they will not close their business at all.
Chris
-
BeerGuzzler
- Posts: 25
- Joined: 20 May 2005, 00:00
- Location: Atlanta, GA
- Contact:
I believe the MD-90's already left the fleet when DL closed their DFW hub last year; DL only had 16 MD-90's. I used to fly them every week, the planes were equiped with nice IFE but many of my flight had delays because of technical problems.BeerGuzzler wrote:DL is retiring 737-200/300's, 767-200's and possibly the MD90's ..
airDD
They still have the MD-90's, all 16.
I hope also that they survive, but it's not easy. I'm a little concerned because some of the board menber's send a signal that a bankruptcy is not far away.
But, like always we have to wait what the precautions have to bring.
What's the situation after they pull out 14 aircrafts, are the discussions about the pensions coming to a happy end, what about the oil prices?
We have to wait some quatres. If they after that period still in the red, then they need chapter 11 and a bankruptcy is not far away.
I hope also that they survive, but it's not easy. I'm a little concerned because some of the board menber's send a signal that a bankruptcy is not far away.
But, like always we have to wait what the precautions have to bring.
What's the situation after they pull out 14 aircrafts, are the discussions about the pensions coming to a happy end, what about the oil prices?
We have to wait some quatres. If they after that period still in the red, then they need chapter 11 and a bankruptcy is not far away.
-
TCAS_climb
- Posts: 413
- Joined: 04 Jan 2004, 00:00
Song is just all economy class DL flights not a separate company.liebensd wrote:Is Song a real airline? Do they have all the licences to operate if Delta should fail bankrupt? Or is Song just a marketing brand and nothing more?
Greetz,
Dave
DL will probably file for Chapter 11 protection against bankruptcy; you can operate years under chapter 11 protection. UAL filed in 2002 and is still in Ch 11.
airDD
What does this situation have to do with Airbus planes ?A380-800 wrote:Although they do not operate Airbusses, I hope they will not close their business at all.
Chris[/quote]
Because I am an Airbus lover ?! And it would be even harder to see
an operator close their business if it would have such a big fleet of
Airbus aircraft. How big is Delta's fleet currently ?
rgds,
A380-800
Excuse me my expression, but I find this kind of attitude quite narrow minded.A380-800 wrote: Because I am an Airbus lover ?! And it would be even harder to see
an operator close their business if it would have such a big fleet of
Airbus aircraft.
Whether Airbus operator or Boeing operator IF they should go bankrupt there will be many people on the street. And it's that which is very sad.
Chris