Kev3188 said:
About half of that $4 billion is ancient history - during the 2008-09 price volatility, DL lost about $2 billion on fuel hedges. At the same time, US lost over $1 billion, which nearly plunged US back into Ch 11. The US loss of over $1 billion was proportionately larger than DL's $2 billion in losses during that period.Kev3188 said:
FWAAA said:Delta may have lost $4 billion on ineffective fuel hedges, but pre-merger AA "lost" at least $4 billion on its higher labor costs between 2008 and 2012 when the more efficient labor agreements (lower labor costs) were reached.
AA's labor cost disadvantage was at least $800 million a year compared to DL/NW and UA/CO; AA's disavantage compared to US with its bargain-basement labor costs was more than $1 billion a year.
NewHampshire Black Bears said:
Whatever FWAAA.
In the USA and Western Europe, there's AA - UA - BA - LH - AF, then 'everybody else' !
I await anxiously, the next " DaD " story. (Delta airlines DRAMA)
Facts tend to confuse Bears.topDawg said:Do you understand that Delta is larger than all of the above except American.....and made more money than them right?