DL asks for $5.9 Million for renovations.

[Kev3188]

Equating fiscal responsibility & being a good corporate citizen with socialism? 
 
Lol.  Okay. Have fun with that.

 

[WorldTraveler]

You are the one that seems to be unable to grasp that fiscal responsibility means finding the best deal possible... not making some weak argument about DL shouldn't receive the loans because they are capable of buying a whole new building with their own money.

 

[Kev3188]

If you say so.

 

[topDawg]

I'm all for improving the IRC, but it's a little sleazy for a company making the profits we are to hit the state up for a loan- and a forgivable one at that. What happened to our stated goal of being a good corporate citizen?
 
Separately: Jon Austin? Really? That's a name I haven't heard in awhile. I wonder what rock they found him under?

i pretty much agree with this. 
 
and WT, AAR took over the ex NW hangar. Doing 2-3 lines of A32X overhauls there. IIRC mostly Air Canada since they shut down their own MRO company. (or it failed or whatever) 

 

[topDawg]

of course, they make so much money they should just do it themselves, right?

there is your socialist logic raising its head again.

Cuba or Venezuela, Kev?

wait
 
what? 
how in the flying hot crap is that socialistic? 
 
Let me get this right, Delta raising money to build a building is "socialist logic"
but Delta depending on the government to pay for things it needs is.......
 
your Obama aren't you?  

 

[WorldTraveler]

i pretty much agree with this. 
 
and WT, AAR took over the ex NW hangar. Doing 2-3 lines of A32X overhauls there. IIRC mostly Air Canada since they shut down their own MRO company. (or it failed or whatever)

which counters what that I wrote?

NW shut down the hangar and it is not part of the DL-NW maintenance network, right?
 
 

wait
 
what? 
how in the flying hot crap is that socialistic? 
 
Let me get this right, Delta raising money to build a building is "socialist logic"
but Delta depending on the government to pay for things it needs is.......
 
your Obama aren't you?

quite clearly, no I am not.

If DL can find a willing gov't lender to provide loans in return for DL to retain its res facility in rural MN, what right does Kev or anyone else have to argue that they should not accept those loans because they are making enough money to rebuild the place from the ground up without gov't help.

Kev's comments that DL should not accept a free market generated solution because they could afford to pay for something on their own is precisely the comment in question. Kev says he is opposed to the idea that governments should help free enterprise compete and create jobs. Kev clearly doesn't understand the economics of job creation incentives by governments to the private enterprise.

 

[topDawg]

which counters what that I wrote?

NW shut down the hangar and it is not part of the DL-NW maintenance network, right?
 
 

quite clearly, no I am not.

If DL can find a willing gov't lender to provide loans in return for DL to retain its res facility in rural MN, what right does Kev or anyone else have to argue that they should not accept those loans because they are making enough money to rebuild the place from the ground up without gov't help.

Kev's comments that DL should not accept a free market generated solution because they could afford to pay for something on their own is precisely the comment in question. Kev says he is opposed to the idea that governments should help free enterprise compete and create jobs. Kev clearly doesn't understand the economics of job creation incentives by governments to the private enterprise.

This reminds me of the Falcons stadium here in Atlanta.
 
Should the team get a free stadium, on the tax payers, when the owners could pay for it themselves? 
 
When you just made 1.3 billion why are you asking for a loan for less than 20 million? 

 

[Kev3188]

 

Kev clearly doesn't understand the economics of job creation incentives by governments to the private enterprise.

 

My opposition to corporate welfare by a company w/such a healthy balance sheet =/= a lack of understanding of economics.

 

[WorldTraveler]

If the economics justify making a loan to DL or helping finance a stadium then governments will do what is in their best interests.

what we can't know is the ROI to MN or Atlanta for these investments.

You can not like the principle of them but economic development incentives exist because the make sense to government.

 

[Kev3188]

You can not like the principle of them...

Gee, are you sure? Does this mean you finally, you know, "grasp" what I've been saying?

I've only been saying it for 7 pages now...

 

[eolesen]

You can not like the principle of them but economic development incentives exist because the make sense to government.

"Economic development incentives" only exist because certain political parties believe in throwing money at problems instead of addressing the underlying issues which cause businesses to not want to move to a particular area.

I've been to Hibbing and the counties that the IRRRB cover. It isn't ever going to be the Twin Cities, and no amount of grants or loan guarantees can ever change that.

 

[WorldTraveler]

can you tell us the political makeup of the MN board as well as the economic incentive boards of several key states? Most states work very hard to make sure that economic incentive programs are removed as much as possible from political influence.

 

[eolesen]

DL can't afford to update it's offices, but hey, let's expand the "we'll drive you in a Porsche to your connection" program... 
 
http://news.delta.com/index.php?s=43&item=2183

 

[737823]

DL can't afford to update it's offices, but hey, let's expand the "we'll drive you in a Porsche to your connection" program... 
 
http://news.delta.com/index.php?s=43&item=2183

That's awesome, just like LH at FRA and MUC. Seriously E you really don't see how those are separate issues altogether? You are starting to sound like Bob Owens, DL is offering this service with the hopes of attracting high value passengers and building customer loyalty. It's a win-win arrangement for DL-"wow" factor customers will remember and Porsche gains placement with a strong demographic that may be interested in their vehicles. If an AA employees criticized management for a similar thing your reaction would be very different.

And DL is not paying for the cars. There is a joint marketing agreement in place, obviously unaware of the specifics but this article touches on it:
 

CAPELOUTO: Porsche has donated eight of these $50,000 cars to Delta. Porsche's Trevor Bleedorn says it's free marketing that's paying off.

TREVOR BLEEDORN: What we're getting is roughly just over 80 people a day, Delta's high value customers, you know, usually business people, successful people traveling around normally for work, but sometimes on personal travel. They're collecting them for us and we're getting them to touch and experience our product directly.

http://www.npr.org/templates/story/story.php?storyId=220932971

Josh

 

[Kev3188]

Only DL would equate getting in a car w/a stranger to "surprising and delighting" someone...