DL747400
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DL announces Q3 2017 pre-tax profit USD $1.7 Billion

Wed Oct 11, 2017 11:21 am

http://news.delta.com/delta-air-lines-a ... ter-profit

-Slightly lower profit in Q3 2017 versus Q3 2016
-$120 Million USD impact from the hurricanes.
-Operating revenue up 5.5%

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Atlwarrior
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 11:45 am

Delta's management team is just top notch. Wow!
 
Newbiepilot
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 11:54 am

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
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 12:04 pm

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
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 12:13 pm

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.
Sometimes we don't realize the good times when we're in them
 
Newbiepilot
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 12:37 pm

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.


True, but that hasn't stopped airlines like Spirit and Frontier from chasing after the majors. We could also see an airline like Allegiant continue to expand from its original business model. A few years ago, no one would have expected them to be flying Cincinnati to New York, which is a market that DL once dominated and still does. With 16% operating margins, there's a lot of room for airlines to undercut prices.
 
cokepopper
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 12:53 pm

Wow! Great job to to all my fellow co-workers!
 
Travelmanager
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 12:54 pm

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?
 
TerminalD
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 12:56 pm

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.
 
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787fan8
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 12:57 pm

Kudos to Delta and their entire team!
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tphuang
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 1:10 pm

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.

There are a lot of it companies that have 50+% in margin.

Even amongst us airlines, delta is middle of the pack.
 
Coalways
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 4:11 pm

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!
 
FlyHappy
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 4:14 pm

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.


middle of the pack? who in the US is higher than 16% ? (genuinely curious)
 
KLDC10
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 4:19 pm

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)


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.

If you're interested, the IATA also projects the following net profit margins:
European Carriers: 2.9%
Asia-Pacific Carriers: 2.9%
Middle-Eastern Carriers: 0.5%
Latin American Carriers: 0.7%

All of these details are available in the link above.
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tphuang
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 4:21 pm

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)

Iirc
Based on last quarter, as wn ulccs b6 all had better margin.

Their margin is lower than last quarter, so I would assume there are still airlines with better margin this quarter.

Edit: just remember seeing this now for Q2.

http://www.planestats.com/finin_20172Q? ... _oct092017

ranking among network carriers
AS, HA, DL, UA, AA
among LCCs
WN, G4, B6, VX, SY
WN, G4 and B6 all had higher margin than DL. IIRC, NK was between G4 and B6.
Last edited by tphuang on Wed Oct 11, 2017 4:42 pm, edited 1 time in total.
 
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Super80Fan
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 4:26 pm

After theft (Oops meant taxes) they made only about $5.
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SamYeager2016
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 4:28 pm

Just think how much more DL could earn without that pesky ME3 competition. :dollarsign:
 
dmstorm22
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 4:42 pm

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!


Yup, me as well. Strange color choice to be sure.
 
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Rajahdhani
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 4:44 pm

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!


I did a double take, and then had to scroll up (to verify the title of the thread). I mean, sure, red, and blue might be a little confusing, but certainly there were better ways of presenting that information (better use of colors, fonts, and even of their logo).

Great earnings, and kudos to the employees that work diligently and well to produce on of the finest American carriers, to the World. I am almost anxious to see Delta further streamline (and advance) into its rightfully earned spot, and their cabin upgrades, new uniforms, and even their overall, extensive and growing partnerships with partners - spell future fortunes for the carrier. Here's to their success, both present and future.

That said, suspiciously - crop that earnings report image just a few pixel rows, et voila; I'd be applauding Scott Kirby as a Maestro!
 
klm617
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 5:26 pm

SamYeager2016 wrote:
Just think how much more DL could earn without that pesky ME3 competition. :dollarsign:



Well put. I'll say this they sure have balls posting profits like this and then crying foul when it comes to the ME3.
the truth does matter, guys. too bad it's often quite subjective. the truth is beyond the mere facts and figures. it's beyond good and bad, right and wrong...
 
jumbojet
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 5:32 pm

klm617 wrote:
SamYeager2016 wrote:
Just think how much more DL could earn without that pesky ME3 competition. :dollarsign:



Well put. I'll say this they sure have balls posting profits like this and then crying foul when it comes to the ME3.


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.

Now, back on topic. Ed Bastian said that Europe was the best producing sector in the 3rd quarter. Even with all the new LCC's springing up with flights across the pond, it hasn't effected DL one bit. That's in large part due to the LCC's generating travel from people that wouldn't have booked the ticket in the first place.
 
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OA412
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 5:45 pm

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.
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greenjet
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 5:55 pm

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.
 
jumbojet
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 6:18 pm

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.


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


But, let us not get away from the crux of the matter and that is DL's outstanding 3rd quarter earnings report. Another phenomenal job by DL and all its employees world wide. It goes to show that profits aren't built around flying the longest flights in the world and connecting the two furthest dots on the planet. Its nice to brag about all that but when it comes down to it, DL is leading the charge once again.
 
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OA412
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 6:41 pm

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


I watched the video way back when it was first published. It's not "worth watching." It's corporate propaganda designed to influence employees to side with the company. That said, you're right. This is about the earnings, so let's get back to that.
Hughes Airwest - Top Banana In The West
 
Flighty
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 6:56 pm

Another fab result by Delta. They deliver a quality product and make quality profits. Will American catch up?
 
KLDC10
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 10:09 pm

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.
DC9/MD90/MD11/F70/BAE146/Q400/737/738/739/752/763/772/A320/A321/A332/A333/E190
 
tphuang
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 10:24 pm

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.


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.
 
KLDC10
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 10:30 pm

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.


Because they're higher than average, and way ahead of the global average. That puts them out in front. That doesn't necessarily mean they're No.1, but they are performing above average.
DC9/MD90/MD11/F70/BAE146/Q400/737/738/739/752/763/772/A320/A321/A332/A333/E190
 
winginit
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 10:48 pm

An objectively stellar result, and all the more impressive given they're achieving these results while maintaining exceptional customer survey and operational performance scores when compared to most of their competitors.
 
rampboy77
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 11:03 pm

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.
 
jbs2886
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Wed Oct 11, 2017 11:43 pm

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
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Thu Oct 12, 2017 4:29 am

This is be what I hate about big Corporations. It's all about pleasing Wall Street / Stock Holders.
Ever Wish You Can Go Back In Time And Live In An Earlier Era Of Aviation?
 
airzona11
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Thu Oct 12, 2017 4:37 am

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).
 
michman
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Thu Oct 12, 2017 4:57 am

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.


Yes, BOS has been there for over a year now.

https://web.archive.org/web/20160414060 ... -and-facts

Okay, they stopped listing CVG. Big deal. CVG is still a far cry from MEM, and DL seems to be clearly maintaining CVG as a focus city.
 
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TheFlyingDisk
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Thu Oct 12, 2017 5:03 am

dc10lover wrote:
This is be what I hate about big Corporations. It's all about pleasing Wall Street / Stock Holders.


Why not join them? It's not like it's a closed club.
I FLY KLM+ALASKA+QATAR+MALAYSIA+AIRASIA+MALINDO
 
klm617
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Thu Oct 12, 2017 10:50 am

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.
Last edited by klm617 on Thu Oct 12, 2017 10:59 am, edited 2 times in total.
the truth does matter, guys. too bad it's often quite subjective. the truth is beyond the mere facts and figures. it's beyond good and bad, right and wrong...
 
jumbojet
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Thu Oct 12, 2017 11:49 am

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
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Thu Oct 12, 2017 12:00 pm

wait, what's there net profit after tax then? and margins then?
 
cokepopper
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Thu Oct 12, 2017 12:29 pm

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.
 
MIflyer12
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Thu Oct 12, 2017 1:29 pm

Samrnpage wrote:
wait, what's there net profit after tax then? and margins then?


See the press release or the SEC filing.
 
klm617
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Thu Oct 12, 2017 4:52 pm

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.

\

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.
the truth does matter, guys. too bad it's often quite subjective. the truth is beyond the mere facts and figures. it's beyond good and bad, right and wrong...
 
DiamondFlyer
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Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Thu Oct 12, 2017 5:34 pm

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.


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
From my cold, dead hands
 
jordanh
Posts: 30
Joined: Fri Sep 08, 2017 11:56 pm

Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Fri Oct 13, 2017 7:37 am

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.

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.
 
klm617
Posts: 1584
Joined: Sat Jul 04, 2015 8:57 pm

Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Fri Oct 13, 2017 10:56 am

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.



But that doesn't make it right or ethical and yes they use the travel to entice them so that's how they get away with the low pay scale. I think it's BS that an employee who is there to protect my well being get's paid what someone at Mc Donald's makes at an entry level pay scale and if you can't see that you need a new perspective in life. They don't complain because they know the ramifications of their complaining if they where ever found out. If you follow these threads high seniority employees often complain because they are less likely to be discharged for their negative comments about their employer and I think the vast majority of people on this forum are still pretty fresh as far as their airline career goes and don't want to jeopardize their future. You need to look a little deeper because there is a vast shortage of job opportunities that pay a living wage.
the truth does matter, guys. too bad it's often quite subjective. the truth is beyond the mere facts and figures. it's beyond good and bad, right and wrong...
 
richierich
Posts: 3420
Joined: Sat Nov 04, 2000 5:49 am

Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Fri Oct 13, 2017 2:09 pm

$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.
None shall pass!!!!
 
User avatar
TVNWZ
Posts: 1909
Joined: Fri Feb 17, 2006 9:28 am

Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Fri Oct 13, 2017 3:01 pm

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


FAs are paid for the complete job. The calculation of that pay is a particular set hourly pay for a particular time period. For various reasons that is how the pay scheme is computed. It is not correct to say they do not get paid till the door closes. The pay scheme could be figured differently--say--a time clock when they check in for work and then check out, but the hourly rate would be much lower. Both the airline and FAs agreed to this pay scheme.
 
amadorE175
Posts: 61
Joined: Tue Jul 18, 2017 10:25 pm

Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Fri Oct 13, 2017 4:00 pm

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?
 
airtechy
Posts: 630
Joined: Sun Dec 24, 2006 7:35 am

Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Fri Oct 13, 2017 5:09 pm

Yes..please elaborate. I have a hard time seeing how Delta lags "far" behind BA and VS...especially in Y....and be specific. Thanks.
 
klm617
Posts: 1584
Joined: Sat Jul 04, 2015 8:57 pm

Re: DL announces Q3 2017 pre-tax profit USD $1.7 BILLION

Fri Oct 13, 2017 5:10 pm

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?



More space between the seats. The only person that could be comfortable in Delta coach is a midget. But we know why that is done so people will purchase the artificially inflated comfort plus fare. I call BS when you can't even chose your seat and I also have an issue when the average person to get out of their seat needs to use the seat in front of them to pull themselves up because of the lack of space that doesn't allow a person taller than 3 feet to stand up without assistance. Wonder how that would work in a life or death evacuation of an aircraft when there is precious time lost try to get up from your seat.
the truth does matter, guys. too bad it's often quite subjective. the truth is beyond the mere facts and figures. it's beyond good and bad, right and wrong...

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