Critical Analysis of Delta Air Lines‚ Inc. Financial Reporting and Disclosure Table of Contents Description of Delta Air Lines‚ Inc. Background‚ Industry‚ Market 3 Financial Reporting Similarities and Differences 4-5 Direction of Disclosure Three Year Comparison 5-6 Disclosure Techniques 7-8 Financial Derivatives 8-9 Financial Statement Analysis Three Year Ratio Analysis 10-13 Disclosure of Note Items Application of GAAP 13-18
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the biggest threats for Delta Airlines include the September 11th terrorist attack and the sluggish worldwide economy. Both the state of the economy as well as the September 11th terrorist attack made downsizing inevitable for Delta. Unfortunately for Delta Airlines‚ this caused an unexpected loss of knowledge due to the 11‚000 employees that left the company after they offered employees a favorable severance package. They have not only experienced a major catastrophe‚ Delta also has to deal with
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organization in Delta airline and two organization researched last paper were Alaska Airlines‚ Inc (ALK) and Southwest. A competitive advantage is an organization having an advantage over its competition which results in greater sales‚ margins‚ and retaining more customers. Competitive advantages can include anywhere from an organizations cost structure‚ their product and service to customer support. One of competitive advantage that delta has with other two airlines is their employees. Delta believes
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Delta Air Lines‚ Inc #Case 2 General Description Delta was founded by C. E. Woolman‚ an agricultural extension agent. As a top company in the Airline industry Delta Air Lines specialize in domestic and international flights. The general business activity and principal products or commercial enterprise of Delta Air Lines are categorized as being part of the Airline Industry‚ The key to Delta’s success was its focus on human relations and has always differentiated itself from other airlines by its
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April 2008‚ Delta Airlines announced its intention to merge with and absorb Northwest Airlines‚ formerly known as Northwest Orient. Delta Airlines had already grown through the acquisition of Northeast in 1972 and Western Airlines in 1986. Northwest was also a large airline‚ having absorbed Republic Airlines‚ itself a merger of North Central Airlines‚ Southern‚ and later Hughes Air west. Republic had an important hub in Memphis‚ as did Federal Express. The result would be global airlines with hubs
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DELTA AIR LINES‚ INC. Consolidated Balance Sheets | | | | | | | | | | | | |December 31‚ | | |(in millions) | |2008 | | |2007 | | |ASSETS
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Domestic Environment – Delta Airlines Business Theory August 15‚ 2013 Domestic Environment – Delta Airlines Delta Airlines has 70 years of experience and is part of the airline industry. The domestic environment of Delta Airlines is the United States. The airline has grown into one of the largest global airlines in the world. Each year they help over 160 million travelers in reaching their destinations ("Century of flight‚" 2013). Delta Airlines started in 1924 in the
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Delta Song Case Executive Summary U.S. Airlines face many issues today that ultimately will lower profits. Heightened Security in airports‚ less people willing to fly and a slumping economy have put the airline industry at a disadvantage. Delta Airlines has reported recently a $2 billon dollar second quarter loss. Delta has been losing ground to smaller airlines that fly the same routes that supply Delta with approximately 70% of its revenue. Delta Airlines will attempt to become
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4. Strong brand equity 5. Flights are usually on time 6. The merger and acquisition | Weakness * The number of cancelling flights is a little high * The customer service is bad because in some occasion the customer can’t found the delta representative in the airport. * Lack of online presence * In some aircrafts the seats are uncomfortable and narrow | Opportunities * Emerging markets and expansion abroad * Product and services expansion * Development of new technologies
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Depreciation at Delta Air Lines and Singapore Airlines Acct 531 – Intermediate Finance Acct 1 SECTION 1 – 13WQ Instructor: John V. Merle‚ MBA February 27‚ 2013 Emma Waage Roarke Stone Tim Gould Introduction Depreciation expense is the way that the use of an asset is matched with the revenue that is generated from the asset on the income statement during the time period being reported. Each asset used in a business has a useful life as disclosed by the company’s depreciation
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