How Delta Transformed Vision into Reality in Paris and Seattle
ATLANTA -- (TheStreet) -- It was five years ago Wednesday that Delta (DAL) announced a joint venture with AirFrance, bringing the hub at Paris' Charles de Gaulle Airport into Delta's network.
This is a story about how successful businesses create visions of the future and then, over time, translate them into reality.
On a conference call with reporters following the announcement, Executive Vice President Glen Hauenstein said that KLM and Northwest "have had incredible success" building the Amsterdam hub through an alliance. "If they can make such a success of Detroit to Amsterdam, what kind of success can we have on better routes like Atlanta and New York to Paris?" he asked.
Six months later, in March 2008, a month before Delta and Northwest announced a merger, Hauenstein was again chatting with reporters (they love him), this time as Delta executives flew home after taking delivery of their first Boeing (BA) 777-200L in Seattle. Hauenstein displayed a Delta route map and pointed to Seattle. The city is the closest U.S. gateway to Asia, he said, and would be the perfect place for Delta to add Asian service.
Last week, Delta moved to buttress both of both of Hauenstein's visions: It announced plans to add flights next summer to Paris, where it will have 11 U.S. destinations, as well as to Shanghai and Tokyo Haneda from Seattle. Both expansions represent "a natural evolution of what we've been doing the past few years," said Bob Cortelyou, Delta senior vice president of network planning, who met Hauenstein on his first day of work at Continental in 1990 and has worked with him much of the time since then. Cortelyou and Hauenstein both joined Delta in 2005. From Paris, Delta will add service to Boston and to Newark, a United (UAL) hub, and expand service to its own hubs in Detroit and Atlanta. Atlanta will have four daily Paris flights on AirFrance and Delta. With the expansion, Delta will serve Paris from six U.S. hubs and from Newark, Boston, Seattle, Philadelphia and Pittsburgh. Many of the cities will have lie-flat seats in business class.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV