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Mark your calendar for QTRly earnings reports
AMR - July 16
CAL - July 17
SWA (LUV) - July 17
JBLU - July 22
United - July 22
NWA - July 23
US Airways - July 24
So basically July 16 to July 24th is a HUGE AIRLINE WEEK.
I guess in the current economic environment, it would be more appropriate to call them; "lack of earnings reports" or maybe QTRly Loss Reports, or the QTRly 'survival report'
All Bad news to come, only upside 'spin' could possibly be, "gee, it wasn't quite as bad as we thought, however, the 'outlook' looks bleak."
Something to really look forward to later this month, but not really.
PD
Not exactly a lot of suspense here.
The Legacies will lose their asses (except for some accounting trickery to whitewash the number in the headlines depending on what they want to show. UAL and Delta will try to show less of a loss for different reasons).
The LCC's will lose money.
SWA will scrape out a small (by SWA standards) profit. TC
Hey, I'll have you know that CAL will only loose half their ass in the 3rd and 4th quarter.
Now if I could only get my wife to lose about half of her ass...
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I'll go out on a limb here and predict that....SWA shows a profit.
Doh!! :laugh:
AMR stated today they expect about 1 billion loss for the 2nd qtr.
Hey, I'll have you know that CAL will only loose half their ass in the 3rd and 4th quarter.
AMR stated today they expect about 1 billion loss for the 2nd qtr.
Actually I am guessing more in the line of about 1.4 Billion. 1.1 Billion write down on the S80 and RJs (does not affect our cash position). and roughly 300 million loss (does change the cash position.).
However headlines will say 1.4-1.5 Billion loss, and many suckers like yourself will take that as a cash loss.
AAflyer
Remember when DAL reported a 4-6 Billion quarter loss a year back?
it's only money.
Q2 Profit/Loss Margin Dollar Amount
WN +2.8% +80
DL +.4% +20
AS -.4% -4
CO -1% -41
B6 -1.5% -13
US -1.8% -60
FL -2.1% -15
UA -3.6% -195
NW -3.7% -127
AA -5.5% -337
Analysts are estimating a .14 cents per share profit for the second quarter at Allegiant.
...and many suckers like yourself will take that as a cash loss...Remember when DAL reported a 4-6 Billion quarter loss a year back?