Moderators: richierich, ua900, PanAm_DC10, hOMSaR
Newbiepilot wrote:Profits like that could lead to new entrants in the market. 16% operating margin is high and I doubt airlines will be able to sustain that margin.
Newbiepilot wrote:Profits like that could lead to new entrants in the market. 16% operating margin is high and I doubt airlines will be able to sustain that margin.
N757ST wrote:Newbiepilot wrote:Profits like that could lead to new entrants in the market. 16% operating margin is high and I doubt airlines will be able to sustain that margin.
Capacity constraints at major city airports, high cost of capital for entry, multi year back logs for available equipment and an acute shortage of employees that have the required experience needed for operations all point to the low likelyhood of additional entrants.
RDUDDJI wrote:Newbiepilot wrote:Profits like that could lead to new entrants in the market. 16% operating margin is high and I doubt airlines will be able to sustain that margin.
I'd agree with that. It's all relative though. The company I work for has a profit margin almost 3 times that.
Atlwarrior wrote:Delta's management team is just top notch. Wow!
TerminalD wrote:RDUDDJI wrote:Newbiepilot wrote:Profits like that could lead to new entrants in the market. 16% operating margin is high and I doubt airlines will be able to sustain that margin.
I'd agree with that. It's all relative though. The company I work for has a profit margin almost 3 times that.
Pharma?Atlwarrior wrote:Delta's management team is just top notch. Wow!
I think in Govt Affairs they are slipping since the leadership changes, but pretty much everything else they basically lead the industry.
Travelmanager wrote:Well done. Congrats to Delta.
On a side note, did anyone else see the brand colors and think that they must have clicked on a link for United results?
tphuang wrote:TerminalD wrote:RDUDDJI wrote:
I'd agree with that. It's all relative though. The company I work for has a profit margin almost 3 times that.
Pharma?Atlwarrior wrote:Delta's management team is just top notch. Wow!
I think in Govt Affairs they are slipping since the leadership changes, but pretty much everything else they basically lead the industry.
There are a lot of it companies that have 50+% in margin.
Even amongst us airlines, delta is middle of the pack.
FlyHappy wrote:tphuang wrote:TerminalD wrote:Pharma?
I think in Govt Affairs they are slipping since the leadership changes, but pretty much everything else they basically lead the industry.
There are a lot of it companies that have 50+% in margin.
Even amongst us airlines, delta is middle of the pack.
middle of the pack? who in the US is higher than 16% ? (genuinely curious)
FlyHappy wrote:tphuang wrote:TerminalD wrote:Pharma?
I think in Govt Affairs they are slipping since the leadership changes, but pretty much everything else they basically lead the industry.
There are a lot of it companies that have 50+% in margin.
Even amongst us airlines, delta is middle of the pack.
middle of the pack? who in the US is higher than 16% ? (genuinely curious)
Coalways wrote:Travelmanager wrote:Well done. Congrats to Delta.
On a side note, did anyone else see the brand colors and think that they must have clicked on a link for United results?
LOL i did!
Coalways wrote:Travelmanager wrote:Well done. Congrats to Delta.
On a side note, did anyone else see the brand colors and think that they must have clicked on a link for United results?
LOL i did!
SamYeager2016 wrote:Just think how much more DL could earn without that pesky ME3 competition.
klm617 wrote:SamYeager2016 wrote:Just think how much more DL could earn without that pesky ME3 competition.
Well put. I'll say this they sure have balls posting profits like this and then crying foul when it comes to the ME3.
jumbojet wrote:Whats well put is when the US3 rightfully call out the ME3 for those HUGE government subsidies that they get. Just because DL is printing money doesn't make what the ME3 is doing right. Good for DL for speaking up about this grave ME3 injustice.
KLDC10 wrote:
I'm not sure where everyone is getting their figures from, but the IATA expects that the airline industry as a whole will have a net profit margin of 4.1% this year, with a projected net margin of 8.5% specifically for the US Airline Industry: http://www.iata.org/pressroom/pr/Pages/ ... 08-01.aspx
That means that, with a margin of 16%; Delta is way out in front.
OA412 wrote:jumbojet wrote:Whats well put is when the US3 rightfully call out the ME3 for those HUGE government subsidies that they get. Just because DL is printing money doesn't make what the ME3 is doing right. Good for DL for speaking up about this grave ME3 injustice.
Oh please, what "grave injustice?" DL (and AA and UA) is/are more than happy to work with government subsidized carriers (e.g. the Chinese carriers) when it suits them. There are now just three large global carriers in a home market of 350 million people. AA, UA, and DL are not in danger of extinction because of the ME3. And, so long as cabotage in the US domestic market is prohibited, they'll continue to enjoy a huge home market without any ME3 competition. The howling and moaning from the US3 with respect to the ME3 is getting really old when they're raking in huge profits.
jumbojet wrote:This video does a good job explaining why DL is so frustrated with the ME3 and their government subsidies.. Its worth watching.
http://news.delta.com/delta-releases-fu ... -subsidies
greenjet wrote:KLDC10 wrote:
I'm not sure where everyone is getting their figures from, but the IATA expects that the airline industry as a whole will have a net profit margin of 4.1% this year, with a projected net margin of 8.5% specifically for the US Airline Industry: http://www.iata.org/pressroom/pr/Pages/ ... 08-01.aspx
That means that, with a margin of 16%; Delta is way out in front.
Delta's net margin for 9M 2017 is 9.7%. Still excellent by all means but taking an adjusted operating margin figure of 16% from peak quarter and comparing to annual net figures isn't comparing apples with apples.
KLDC10 wrote:greenjet wrote:KLDC10 wrote:
I'm not sure where everyone is getting their figures from, but the IATA expects that the airline industry as a whole will have a net profit margin of 4.1% this year, with a projected net margin of 8.5% specifically for the US Airline Industry: http://www.iata.org/pressroom/pr/Pages/ ... 08-01.aspx
That means that, with a margin of 16%; Delta is way out in front.
Delta's net margin for 9M 2017 is 9.7%. Still excellent by all means but taking an adjusted operating margin figure of 16% from peak quarter and comparing to annual net figures isn't comparing apples with apples.
You're right - I should have realized my mistake earlier. Thanks for the correction.
Still, 9.7% is above the projected average of 8.5%, which puts Delta out in front.
tphuang wrote:I posted a link earlier which shows as wn ha G4 b6 all having better margin than dl, so I don't see how that puts delta out in front. They did better than aa and ua which is probably why they beat the overall average, but they are not doing anything special amongst us airlines.
rampboy77 wrote:Nobody mentioned that Boston has replaced Cincinnati in the 'About Delta' - Hub List ...
...key hubs and markets including Amsterdam, Atlanta, Boston, Detroit, Los Angeles, Mexico City, Minneapolis/St. Paul, New York-JFK and LaGuardia, London-Heathrow, Paris-Charles de Gaulle, Salt Lake City, Seattle, Seoul, and Tokyo-Narita.
dc10lover wrote:This is be what I hate about big Corporations. It's all about pleasing Wall Street / Stock Holders.
jbs2886 wrote:rampboy77 wrote:Nobody mentioned that Boston has replaced Cincinnati in the 'About Delta' - Hub List ...
...key hubs and markets including Amsterdam, Atlanta, Boston, Detroit, Los Angeles, Mexico City, Minneapolis/St. Paul, New York-JFK and LaGuardia, London-Heathrow, Paris-Charles de Gaulle, Salt Lake City, Seattle, Seoul, and Tokyo-Narita.
That's because, IIRC, that change happened a year or two ago.
dc10lover wrote:This is be what I hate about big Corporations. It's all about pleasing Wall Street / Stock Holders.
airzona11 wrote:dc10lover wrote:This is be what I hate about big Corporations. It's all about pleasing Wall Street / Stock Holders.
Did you miss part about the hundreds of millions of dollars in employee profit sharing? Or the tens of thousands of jobs and the countless other indirect jobs?
Another great quarter by DL, they seem to have a well built operation. Different from days past (knock on wood).
klm617 wrote:[
. That just goes to show you how under paid their employees are. Ready reserve what a joke not allowing people full time positions and paying them next to nothing not to mention the rarely get to use their flight benefits because Delta has choked capacity so much that even the paying passenger has a hard time getting the flight options they want.
jumbojet wrote:klm617 wrote:[
. That just goes to show you how under paid their employees are. Ready reserve what a joke not allowing people full time positions and paying them next to nothing not to mention the rarely get to use their flight benefits because Delta has choked capacity so much that even the paying passenger has a hard time getting the flight options they want.
flight attendants know that its a shytty paying job going in. Most, not all, but most like the job for the flight benefits. If you add up the fringe benefits to being a flight attendant than its really not that bad.
I will go on record as saying one thing and that is I think is outrageous is that FA's don't even start getting paid until the planes forward boarding door is closed, is that actually correct?
Samrnpage wrote:wait, what's there net profit after tax then? and margins then?
cokepopper wrote:jumbojet wrote:klm617 wrote:[
. That just goes to show you how under paid their employees are. Ready reserve what a joke not allowing people full time positions and paying them next to nothing not to mention the rarely get to use their flight benefits because Delta has choked capacity so much that even the paying passenger has a hard time getting the flight options they want.
flight attendants know that its a shytty paying job going in. Most, not all, but most like the job for the flight benefits. If you add up the fringe benefits to being a flight attendant than its really not that bad.
I will go on record as saying one thing and that is I think is outrageous is that FA's don't even start getting paid until the planes forward boarding door is closed, is that actually correct?
Timing of flight pay changed awhile ago, it’s when the brakes are released. Same for pilots. It is a big difference unfortunately.
klm617 wrote:cokepopper wrote:jumbojet wrote:
flight attendants know that its a shytty paying job going in. Most, not all, but most like the job for the flight benefits. If you add up the fringe benefits to being a flight attendant than its really not that bad.
I will go on record as saying one thing and that is I think is outrageous is that FA's don't even start getting paid until the planes forward boarding door is closed, is that actually correct?
Timing of flight pay changed awhile ago, it’s when the brakes are released. Same for pilots. It is a big difference unfortunately.
\
So the bonuses are really just pay that they are owed that the didn't get up front. Again this is all nothing more than a work force with little or no option if this is the profession they have chose because of consolation they perspective employment options if they want to become a flight attendant are very limited.
klm617 wrote:airzona11 wrote:dc10lover wrote:This is be what I hate about big Corporations. It's all about pleasing Wall Street / Stock Holders.
Did you miss part about the hundreds of millions of dollars in employee profit sharing? Or the tens of thousands of jobs and the countless other indirect jobs?
Another great quarter by DL, they seem to have a well built operation. Different from days past (knock on wood).
And they deserve that. That just goes to show you how under paid their employees are. Ready reserve what a joke not allowing people full time positions and paying them next to nothing not to mention the rarely get to use their flight benefits because Delta has choked capacity so much that even the paying passenger has a hard time getting the flight options they want.
jordanh wrote:klm617 wrote:airzona11 wrote:Did you miss part about the hundreds of millions of dollars in employee profit sharing? Or the tens of thousands of jobs and the countless other indirect jobs?
Another great quarter by DL, they seem to have a well built operation. Different from days past (knock on wood).
And they deserve that. That just goes to show you how under paid their employees are. Ready reserve what a joke not allowing people full time positions and paying them next to nothing not to mention the rarely get to use their flight benefits because Delta has choked capacity so much that even the paying passenger has a hard time getting the flight options they want.
Everyone who goes to work in the airline industry knows it is not (except for pilots) a high-paying job. People work here because we love to travel, or we love the ideof air travel, or we love airplanes.
It looks like in the USA there is no shortage of job opportunities now, so if someone is not satisfied with their job, there are many other professions that are hiring. Here in my country it is prestigious to work for an airline, even if it is not the highest paying job in the land.
It is funny that I don't see any airline employees complaining here; the only complaints come from someone who just whines and complains about anything.
DiamondFlyer wrote:klm617 wrote:cokepopper wrote:
Timing of flight pay changed awhile ago, it’s when the brakes are released. Same for pilots. It is a big difference unfortunately.
\
So the bonuses are really just pay that they are owed that the didn't get up front. Again this is all nothing more than a work force with little or no option if this is the profession they have chose because of consolation they perspective employment options if they want to become a flight attendant are very limited.
Delta is hardly the only carrier to do so. In fact, I can only come up with 1 carrier, of any size, in the US, that doesn't pay flight crew (pilots & FAs) by block hour, and that's Cape Air
richierich wrote:$1.7B is a heck of a number... hopefully DL will reinvest some of that in improving their on-board experience. I'm only calling it as I see it, but DL's hard product still lags behind other airlines on some key routes, especially in Y. Notably, their JFK-London product is far behind BA and VS (which I am aware is almost half-owned by DL) and almost any route where they compete with B6 or VX.
amadorE175 wrote:richierich wrote:$1.7B is a heck of a number... hopefully DL will reinvest some of that in improving their on-board experience. I'm only calling it as I see it, but DL's hard product still lags behind other airlines on some key routes, especially in Y. Notably, their JFK-London product is far behind BA and VS (which I am aware is almost half-owned by DL) and almost any route where they compete with B6 or VX.
If discussing Y, what improvements should DL be making and on which key routes? How do they lag (far) behind?