Q Richard AndersonBy Arnie Weissmann,
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Richard Anderson,
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Due to the format of that article,
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The previously published portion focused primarily on the financial environment Anderson expects to operate in this year. Regarding that,
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Richard Anderson: I think that overall,
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Airline networks have restructured to be certain they can manage through the volatility of the economy. Industry margins are approaching historically high levels when adjusted for fuel prices. And airline [capital expenditures] is fairly disciplined. So when you take all those factors together and you look at where the industry is today vs. where it was in 2008,
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Travel Weekly: On the topic of fuel,
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Anderson: Well,
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And that industry,
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And so the refinery is an important part of that for Delta,
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Travel Weekly: What does your investment in Virgin Atlantic mean for Delta,
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Anderson: Well,
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That said,
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Travel Weekly: Many of these potential benefits codeshares,
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Anderson: The equity route in the case of Virgin Atlantic was to really buy out another partner and take a major ownership role in the company and a governance role subject to British law that would allow us to have very deep,
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So we have a lot of experience with these sorts of relationships,
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Travel Weekly: It seems that if you have one geographic area that seems a bit weak in terms of coverage,
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Anderson: You know,
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Travel Weekly: You’ve increased your presence in New York greatly. Is that paying off for you,
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Anderson: Yes,
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So that will all get done at LaGuardia,
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The second piece is our new terminal facility in JFK,
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Travel Weekly: Generally speaking,
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Anderson: Well, I think the first thing that we’ve done is, we’ve run an incredibly reliable operation. domestic,
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The amalgamation of those metrics is stellar. And when you look at our completion factor year to date, I don’t think a mainline airline has ever had a 99.5% annual completion rate in the history of the DOT rules. So the point of it,
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Second,
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You know,
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