ATA CFO Statement

[BizPilot]

Just wondering what ya'll think of this latest statement from Air Tran?

The Chief Financial Officer of AirTran Airways (a US low fare passenger carrier) recently said: “I love high fuel prices. Fuel is going to be the single greatest catalyst in accelerating the restructuring of this industry.”

 

[Smiliner]

You mean American Trans Air?

 

[Thunderchief]

Well which is it? I don't think ATA would be saying that considering their current financial position. By the way ATA stands for AMERICAN TRANS AIR... Not Air Tran.

 

[Thunderchief]

And by the way, 400LS's ROCK!

 

[SaabStory]

This is why you gotta love this board....guys posting stuff & they don't even know which airline they're yapping about.

 

[terrehautesux]

He was talking about AirTran. With high fuel costs, a lot of carriers won't make money. If you have a low cost structure, you can make a slim profit as opposed to a carrier with high costs. I think they (AirTran) don't mind the high cost of fuel now because a shakeout will occur. That's probably what their talking about. ATA is not hedged I think, so they are not the ones that welcome the high fuel costs. In fact, that with other considerations got them into the problems they are experiencing now. I wish them well.

 

[BizPilot]

My 400LS went bye bye a couple months ago.......company downsized.

 

[Rhoid]

And by the way, 400LS's ROCK!

That is NOT a 400LS, it's a Cheyenne III. I know this by being on the aircraft recognition team at Riddle.

 

[Hair-on-Fire]

I know this by being on the aircraft recognition team at Riddle.

Those are some impressive credentials

 

[Rhoid]

Those are some impressive credentials

We'll see who get to a major first pal, me with the credentials or you without.

 

[KeroseneSnorter]

We'll see who get to a major first pal, me with the credentials or you without.

Kind of surprised somebody has not found this toad and adjusted his attitude yet............only a matter of time.

 

[Flechas]

We'll see who get to a major first pal, me with the credentials or you without.

You have to be the biggest dork on this board!
And the sad thing is I don't think you are flaming!!

 

[-9Capt]

We'll see who get to a major first pal, me with the credentials or you without.

Be sure to include that impressive "aircraft recognition team" cedential near the top of your resume, that will certianly get you places!


Back to the topic.
A few months ago Joe Leonard told a recurrent class that he wishes oil prices would go down to $20/bbl or up to $80/bbl. At $20 we all make money and $80 would thin out the herd.

 

[NuGuy]

We'll see who get to a major first pal, me with the credentials or you without.

Oh man oh man, do I see a great thread comming up. Citation kid, that you?

Nu

 

[Flechas]

Oh man oh man, do I see a great thread comming up. Citation kid, that you?

Nu

Good call, but I don't think citationkid had his head so far up his a$$

 

[Gumby]

Oooooofa...

That is NOT a 400LS, it's a Cheyenne III. I know this by being on the aircraft recognition team at Riddle.

It must be a PRE-April fools joke?

I hope!

 

[Dave Siegel]

We'll see who get to a major first pal, me with the credentials or you without.

Please tell me exactly why you dropped out of school. I guess you paid someone to get your GED for you. You are definitely NOT the brightest bulb in the pack!

 

[75M]

For the record, it was AirTran's Officer quoted as saying that. We are hedged as follows...

Form 8-K for AIRTRAN HOLDINGS INC

On March 22, 2005, the registrant's management conducted a presentation at the Goldman Sachs 20th Annual Transportation Conference during which management disclosed certain information including the following details about the registrant's aircraft fuel hedging and outlook on non-fuel unit costs for 2005:

• 49 % of Q1 2005 expected fuel consumption is hedged at an average of $0.98 per gallon raw product.

• 44 % of Q2 2005 expected fuel consumption is hedged at an average of $1.18 per gallon raw product.

• 25 % of Q3 2005 expected fuel consumption is hedged at an average of $1.37 per gallon raw product.

• 19 % of Q4 2005 expected fuel consumption is hedged at an average of $1.32 per gallon raw product.

• Non-fuel costs are expected to decrease 3% during 2005

 

[apdsm]

We'll see who get to a major first pal, me with the credentials or you without.

hhhmmm....pro PFT guy?

 

[flyhard]

That is NOT a 400LS, it's a Cheyenne III. I know this by being on the aircraft recognition team at Riddle.

Usually they stick the guys that can't fly on the a/c rec team. That way they feel like they are a part of something. Plus you can tell your friends "that is not a 400 that is a 400ASJFBVHVHFBDNB11234 alpha model". Tool.