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Delta Air Lines (DAL +0.8%) CEO Richard Anderson says in a wide-ranging interview with Charlie...

Delta Air Lines (DAL +0.8%) CEO Richard Anderson says in a wide-ranging interview with Charlie Rose that the carrier will work hard to create a superior brand. He also calls the combined US Airways-American Airlines a "formidable" competitor, but makes it clear Delta will stay number one.
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  • Pony01
    , contributor
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    Leadership, management, ingenuity, foresight: It's fair to say that the value of a company revolves around these four assets. If you agree, Richard Anderson and his team are on track to dominate the airline industry. The only downside of this Cinderella story is the US government. Our Government has done more to keep the US airline market stagnant than they do to stagnate vice-based US industries. Imagine if the US government had a growth-based or just a non-harmful policy towards their US airline business's (think solar)? Latest attack by our own government: A US customs preclearance facility in Dubai. Not one US carrier flies to Dubai. However, Emirates (a government owned airline, supported with tax breaks and cheap fuel from their supportive country) is willing to pay for a major portion of the US cost for the facility. A majority of US business and political interests are against this, yet the current administration, through the TSA, are pushing hard. Let's not forget, on top of Emirates' support of their government, our government helps Emirates too: We subsidize Emirate's aircraft purchases of Boeing aircraft through the Import/Export Bank at rates below what US carriers can negotiate for the very same aircraft. It's amazing the US carriers can survive, no less thrive, at all. Moral: If Delta can lead the industry now with so much headwind, it's management deserves the stock price premium they have now and will achieve in the future. Richard Anderson purchased a refinery to gain a modicum of control of the price Delta pays for fuel. What industry can he purchase to control the cost the US government imposes on the US Airline industry?
    24 May 2013, 10:41 AM Reply Like
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