Quelques résultats pour Delta
Delta Air Lines reported a first-quarter net loss of $256 million, narrowed from a $794 million deficit in the year-ago period, and CEO Richard Anderson said continuing evidence of "the right trends in the revenue environment" have the company "optimistic about the rest of the year" and anticipating a "solidly profitable" second quarter.
"We continue to see solid advance bookings. . .across all geographic regions," President Ed Bastian told reporters and analysts yesterday. "Clearly the improved strength we're seeing comes from improved corporate travel. We're seeing corporate travel improve across all geographic regions, certainly in New York and across the Atlantic. . .We're not quite at 2008 levels [of business passengers]. We're close to 2007 levels and we expect to be up to 2008" later this year.
"It appears that the economy has pretty good legs under it," Anderson said. But he cautioned that "the issue we have ahead of us" is not generating revenue but keeping costs under control with fuel prices "volatile."
Regarding the merger with Northwest Airlines, Bastian said DL/NWA are "now operating on a single technology platform" and the "heavy lifting of integration is behind us." He claimed DL achieved $200 million in merger synergies in the first quarter and is "now at $1 billion in annual run rate synergies." It did incur $46 million in merger-related expenses in the quarter and expects another $70 million in merger costs for the remainder of the year.
The decision to ground NWA's fleet of 14 747-200 freighters last year (ATWOnline, April 22, 2009) produced $60 million in expense savings in the first quarter, Bastian said. Meanwhile, DL continues to be noncommittal on NWA's order for 18 787s placed in 2005 (ATWOnline, March 5, 2009). When asked if DL is still a 787 customer, Anderson responded, "Technically yes." But he added that he's happy with the airline's current long-haul fleet: "We're in good shape in terms of transoceanic airplanes."
First-quarter revenue rose 2% to $6.85 billion while expenses decreased 5% to $6.78 billion, producing operating income of $68 million, turned around from an operating loss of $483 million last year. Net income was heavily affected by $326 million in interest expenses.
Consolidated traffic dipped 1.4% to 42.37 billion RPMs while capacity dropped 4.4% to 53.3 billion ASMs, producing a load factor of 79.5%, up 2.4 points. Yield lifted 5.1% to 13.7 cents as PRASM jumped 8.4% to 10.89 cents and CASM dipped 0.5% to 12.46 cents. CASM ex-fuel increased 1% to 8.72 cents.
Un point important : questionnement de DL sur l'opportunité de prendre les 787 de NWA et à quelle échéance
En cours gros programme de remise à niveau de sa flotte actuelle (767-300, 767-400, A330-200 et A330-300, 777-200ER,, 777-200LR et 747).
Pas d'urgence pour eux donc
La commande initiale NWA, à priori motorisée Trent
Des 787-8 donc
DL souhaite peut-être attendre les -9 ? avec du GE ?
Les slots pour les -8 sot certainement facilement valorisables (c.f. fil 787 )