Delta and Northwest just file chaper 11

Sep 14th, 2005, 02:10 PM
  #1  
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Delta and Northwest just file chaper 11

just heard the news they both file chapter 11
rickker20 is offline  
Sep 14th, 2005, 02:44 PM
  #2  
 
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Do I want to buy travel insurance on the Delta tickets to Mexico I just bought for February?
inthechips2 is offline  
Sep 14th, 2005, 03:23 PM
  #3  
 
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http://biz.yahoo.com/rb/050914/airlines_bankruptcies.html?.v=15
AAFrequentFlyer is offline  
Sep 14th, 2005, 04:03 PM
  #4  
KT
 
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Wow. Since all of my FF miles are on either United, NW, or Delta, it looks like I hit the trifecta. How can I collect my prize?
KT is offline  
Sep 14th, 2005, 04:15 PM
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These airlines have got to die.

It is unfathomable that any company which loses close to $6 billion in a single year can stay alive. The amount they have lost in the past 5 years is unthinkable.

For the good of the other airlines in America, the walking dead airlines need to be put out of their misery. I know that many thousands of people will lose their jobs but that will have to be a very bitter pill to swallow.
cosmic_toadstool is offline  
Sep 14th, 2005, 05:10 PM
  #6  
 
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Chapter 11 is reorganization -- not a form of death. I'm not interested in seeing these carriers replaced so much as seeing them find a way to operate going forward. International service and global alliances are an important aspect of these carriers that is unmatched by Southwest, etc.
Flyboy is offline  
Sep 14th, 2005, 06:31 PM
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I (and every other world perks member, I imagine) received an email from the NW CEO saying that the FF program would continue, and that this shouldn't have an impact on day-to-day operations. Let's hope so.
abram is offline  
Sep 14th, 2005, 06:54 PM
  #8  
 
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My question was answered on evening news - can't get travel insurance on Delta or NW tix effective now.
inthechips2 is offline  
Sep 15th, 2005, 05:24 AM
  #9  
 
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My guess is as soon as one airline quits flying, the prices will go up. BTW, is it true that Delta was paying their best pilots $300,000 a year, retiring them at 55, and giving them a pension of $230,000 yearly?

I live near a flight school and there is no shortage of people wanting to be pilots. One just needs a rich daddy to pay the bills.
wally34949 is offline  
Sep 15th, 2005, 09:23 AM
  #10  
 
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inthechips,
I can't find that no-travel-insurance for Delta/NWA flights info.

Does anyone else know about this?

Thanks.
Leely is offline  
Sep 15th, 2005, 09:39 AM
  #11  
KT
 
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If you check the coverages for travel insurance policies, it is the industry norm that they exclude coverage for tickets purchased on carriers once they have declared bankrutcy. This doesn't apply if you obtained the insurance before the bankruptcy.
KT is offline  
Sep 15th, 2005, 09:50 AM
  #12  
 
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Dang, I just bought our tickets day before yesterday and was thinking I had a few days (thought it was up to 15 days) to suss out the insurance options.

I am not a regular travel-insurance buyer, but I do for big trips (this one's to Africa).

Leely is offline  
Sep 15th, 2005, 12:27 PM
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Yeah, me too Leely.
inthechips2 is offline  
Sep 21st, 2005, 06:01 AM
  #14  
 
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Wally- your numbers for Delta pilots aren't too far off based on the Delta pilots I know. The Delta pension funds will get dumped on the government.
padams421 is offline  
Sep 21st, 2005, 07:28 PM
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Sorry but the Delta pilot's pension my neighbor is receiving is about $60,000($5,000 a month it works out to) a year for 31 years of service-his daughter just qualified for financial aid and work study at her college so I think that the media is way off.
dutyfree is offline  
Sep 21st, 2005, 07:43 PM
  #16  
Cassandra
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Don't claim to know about how seniority, etc. works among pilots, but is it possible there's a difference between those who piloted regional hops and those who piloted 747s on international routes?
 
Sep 21st, 2005, 07:53 PM
  #17  
 
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Your pension is based on your best 3 years of the last 10 years-Delta does not fly regional jets that is Comair. Yes, one is paid more for international but at 31 years seniority you are in the big planes.
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