LEFTIST LEANING LABOR UNIONS MAY PUT MY COMPANY.............

[AChimp]

Ronnie, it is evident that you must also be completely unaware of how a business works. Have you ever taken a single accounting course?

The 3.26 billion is money that has already been lost due to loss of revenues attributed to 9/11 and pilot pay raises. The $85 million how much MORE we are going to lose next year just from the pilot pay raise 12 days ago......so as you can see, it's completely separate.

No, the article does not mention pilot pay raises. The $3.26 billion has been lost due to competition reduced fairs and revenue. Read the article v e r y s l o w l y. You do not lose revenue by paying your employees more; you reduce your profit. Revenue is how much money you take IN, and profit is how much money you actually make that goes towards paying for things. Profit can go towards paying off debts, but throwing $85 million at a $3.26 billion debt won't stem the tide like you seem to be implying. It's like trying to bail out the Titanic with a bucket.

Even if "pilot raises" contributed to 25% of the total debt load that Delta has, it would take 10 separate raises of $85 million each to reach that point. Ten raises in four years?

Giving the pilots a raise is not the cause of the problem, and it barely contributes at all compared to $780 million for new planes.
When you are facing massive downturns in revenue, you do not go out and buy buy buy.

Like Max said, Delta has much bigger problems to worry about.

Well, other airlines can afford to droip their fares because their pilots don't make close to 20% more than any other pilots in the industry. If we didn't have that burden, we could afford to drop our fares a little.

No, other airlines are just running themselves smarter. That's what capitalism is all about. Delta should become better at negotiating contracts if they don't like paying out raises all the time.

BTW, when I say "other modes of transportation", I'm referring to the fact that people are choosing OTHER modes of transportation, not just walking to the next kiosk at the terminal.