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04-23-2008, 09:37 AM
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#1 |
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Redsmetz
Join Date: Feb 2006
Location: Winton Place
Posts: 10,455
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Now that's a lot of money!
I was just listening to a report on NPR about Delta Air Lines reporting that they lost $6 Billion in the 1st Quarter this year. I did the math and that's
$763 per second $45,787 per minute $2.75 Million per hour $65.9 Million per day $461.5 Million per month Ouch! That's an incredible amount of money.
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“In the same way that a baseball season never really begins, it never really ends either.” - Lonnie Wheeler, "Bleachers, A Summer in Wrigley Field" The Baseball Emporium - Books & Things, that's Rallyonion.com The Baseball Bookstore http://tsc-sales.com/ http://tscsales.blogspot.com/ http://silverscreenbooks.com/ |
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04-23-2008, 09:38 AM
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#2 |
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You're being very UnDude.
Join Date: Jul 2006
Location: Columbus, OH
Posts: 1,575
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Re: Now that's a lot of money!
Thats more money than I made all of last year!
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Witty signature. |
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04-23-2008, 10:25 AM
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#3 |
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RZ Chamber of Commerce
Join Date: Jul 2003
Location: San Antonio
Posts: 13,228
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Re: Now that's a lot of money!
Most of that loss is because of rising fuel costs. Next time you're filling up the tank and lamenting how much more it's costing you, just remember how much more Delta is paying.
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/r/reds |
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04-23-2008, 10:39 AM
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#4 |
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Member
Join Date: Jun 2005
Posts: 536
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Re: Now that's a lot of money!
Interesting. Speaking of fuel, compare those numbers to Exxon Mobil 2007 profit of $40,610,000,000
Day - $111,260,274 Hour - $4,635,845 Minute - $77,264 Second - $1,288 |
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04-23-2008, 10:39 AM
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#5 | |
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Tired of talk. Win!
Join Date: Jan 2005
Posts: 8,127
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Re: Now that's a lot of money!
Quote:
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Championships for MY teams in my lifetime: Cincinnati Reds - 75, 76, 90 Chicago Blackhawks - 10 University of Kentucky - 78, 96, 98, 12 Cincinnati Bengals - None Chicago Bulls - 91, 92, 93, 96, 97, 98 |
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04-23-2008, 10:45 AM
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#6 | |
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Let's ride
Join Date: May 2004
Location: Colorado's eastern plains
Posts: 11,232
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Re: Now that's a lot of money!
Quote:
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04-23-2008, 10:52 AM
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#7 |
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Member
Join Date: Aug 2001
Location: Culver City, CA
Posts: 2,666
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Re: Now that's a lot of money!
To be fair most of that was a write off as an adjustment to the value of their stock. They still lost like $274 million though.
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04-24-2008, 06:45 AM
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#8 | |
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SERP Emeritus
Join Date: Jul 2001
Posts: 7,007
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Re: Now that's a lot of money!
Quote:
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What if this wasn't a rhetorical question? All models are wrong. Some of them are useful. |
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04-24-2008, 03:36 PM
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#9 | |
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Playoffs
Join Date: May 2005
Location: Cincinnati, OH
Posts: 6,233
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Re: Now that's a lot of money!
Quote:
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Barry Larkin - HOF, 2012 Put an end to the Lost Decade. |
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04-24-2008, 04:09 PM
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#10 | |
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Danger is my business!
Join Date: Jun 2004
Location: Back in Florida
Posts: 7,858
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Re: Now that's a lot of money!
Quote:
Delta doesn't have a $6 billion dollar overdraft at the bank. I remember only a few years back Time Warner reported a $50 billion loss, from writing down goodwill from the AOL merger.
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"A person is smart. People are dumb, panicky, dangerous animals and you know it." http://dalmady.blogspot.com |
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