All airlines 1Q Results..or..State of the Industry

[furloughfodder]

Lets start a thread to see LOSS/PROFIT for the airlines for 1Q. I'll start with the ones I have already read about:



Delta LOSS $1.1 billion ................LAST YEAR 1Q LOSS $383 million
Alaska LOSS $80.5 million ............LAST YEAR 1Q LOSS $42.7 million
NWA LOSS $458 million ...............LAST YEAR 1Q LOSS $230 million
American LOSS $162 million ..........LAST YEAR 1Q LOSS $166 million
Continental LOSS $184 million .......LAST YEAR 1Q LOSS $124 million
America West PROFIT $33.6 million LAST YEAR 1Q LOSS $1.6 million
Jetblue PROFIT $7 million .............LAST YEAR 1Q PROFIT $15.2 million
UPS PROFIT $882 million ..............LAST YEAR 1Q PROFIT $759 million

 

[BLUE BAYOU]

I guess if you want a profit in this industry, you need to package passengers up in brown boxes and hub them through Louisville, KY.

 

[say again]

So that's JetBlues secret. I knew you had some secret covert ops with UPS.

 

[T45Flyer]

An OVERSITE, I am sure..

Furloughfodder,
I am sure that you accidently left SWA out of your industry analysis. So I will help you out.

SWA 1Q PROFIT $76 Million..........LAST Year 1Q Profit 26 Million.

 

[Paul R. Smith]

Furloughfodder,
I am sure that you accidently left SWA out of your industry analysis. So I will help you out.

SWA 1Q PROFIT $76 Million..........LAST Year 1Q Profit 26 Million.

Nobody likes a show-off!!

Glad somebody's doing well...

 

[LEROY]

FDX 05 Q1 net income 330M
05 Q2 net income 354M
05 Q3 net income 317M

 

[FedExpert]

Leroy,

I believe this post deals with profit/loss not income. Are you from the Enron school of accounting?

 

[castle bravo]

How about SWA profit without fuel hedging?

 

[LEROY]

FedExpert,
Your avatar is obviously misleading, as you should know by now the meaning of basic economic terms. But since you asked, I believe these are the basics:
REVENUE = all the money earned during the given period (ie., Q, YR, etc.)
OPERATING EXPENSES = all money spent during that period (ie., salaries, benefits, fuel, maintenance, etc.)
OPERATING INCOME = REVENUE - OPERATING EXPENSES
NET INCOME = OPERATING INCOME - CORP INCOME TAX - INTEREST ON LOANS
NET INCOME = NET PROFIT (ie., the money the company takes to the bank)
So, FedExpert, when I posted net income figures, I inferred anyone with a rudimentary knowledge of basic economics would understand they represented NET PROFIT.
Sorry for your confusion.

 

[terrehautesux]

How about SWA profit without fuel hedging?

NADA I bet.