Airtran posts 4th quarter profit of 1.9 million

[Sy-bill]

Sweet!

That is a whole penny a share!

http://www.forbes.com/feeds/ap/2011/01/28/business-industrials-earns-airtran_8280661.html

 

[Ty Webb]

Sweet!

That is a whole penny a share!

http://www.forbes.com/feeds/ap/2011/01/28/business-industrials-earns-airtran_8280661.html

They had to pay Ty's bonus this quarter, or at least part of it. uke:

 

[roughneck]

It would take a lot of quarters like that to purchase 1 airplane. It beats losing money though.

 

[texman]

Good for our future family members.

 

[Uppercrust]

That's it??

 

[redflyer65]

Yes. Strong viable company as touted by many.

 

[dicko]

Yes. Strong viable company as touted by many.

They did say that AirTran is the safest airline in America ....... :erm:

If you remove the poor hedging, routing, employee relations, scheduling and business acumen. It's a solid airline.

The employees are doing a great job. Removing the people responsible for these poor numbers is on the horizon.

 

[GuppyWN]

1/3 our size and 1% of our profit. Solid.

 

[jonjuan]

1/3 our size and 1% of our profit. Solid.

Gonna make the SLI seem oh so more painful.

 

[GuppyWN]

If there is an SLI. With a "profit" like that Gary may decide it aint worth it. Gup

 

[Ty Webb]

Some of you seem to struggle with the difference between an "operating profit" and "net profit".

I could make $100 million this quarter, but if I decide to buy back stock, pay off debt, give myself a big fat bonus and buy a new office building . . . guess what? No profit.

It's not that hard to understand . . . . unless you don't want to understand it. . . . . .

 

[S3sundowner]

deleted

 

[birdman1]

If there is an SLI. With a "profit" like that Gary may decide it aint worth it. Gup

Ya think so...man you better drop to your knees and pray this merger happens. That's the problem with you big Southwest guys. Ya never have been through any concessions, furloughs, or bankruptcy. There is a reason why the NWA/Delta merger was so successful. They have been through the school of hard knocks, and so has AirTran. Why is Gary buying them? You guys have some of the most expensive union contracts in the world. Southwest cannot afford it in the long run with companies like JetBlue, the legacies, and AirTran eating away at their profits. I think this will turn into another USAir/AWA debacle. The majors should prepare themselves for the kill. This just might be the opportunity to finally slaughter the two main low cost carriers in this industry.

 

[Bake]

Ty, you funny. NO, that's not the way it works.

 

[Hose A. Jiminez]

Some of you seem to struggle with the difference between an "operating profit" and "net profit".

I could make $100 million this quarter, but if I decide to buy back stock, pay off debt, give myself a big fat bonus and buy a new office building . . . guess what? No profit.

It's not that hard to understand . . . . unless you don't want to understand it. . . . . .

There is a difference between an income statement and a balance sheet. The IRS does not allow you to go out and buy a bunch of stuff (stock, office buildings and aircraft are all assets) or pay off stuff that you have already bought, or pay yourself in order to reduce profit. Trust me, I tried that.