CAL 2006 Profit

[pkober]

:beer: http://www.marketwatch.com/news/story/continental-airlines-narrows-loss-international/story.aspx?guid=%7BB743DF0E%2DC8E5%2D43D6%2DA832%2DC01E70F1613C%7D&siteid=yhoo&dist=yhoo

It took 10 years, and 3 airlines, but I finally work for an airline making money and giving out profit sharing.

 

[Captain Overs]

CAL reports good news and the stock goes down?

 

[Flyby1206]

CAL reports good news and the stock goes down?

Profit taking from the shareholders. CAL stock has been on quite a run, they are selling off a little bit to collect the cash, but dont worry it will bounce back up in a day or two.

 

[doublepsych]

how much???

Been hearing good things about the CAL profit sharing plan, and I'm curious how much each pilot will be getting? Any ideas?

 

[EWR_FO]

Been hearing good things about the CAL profit sharing plan, and I'm curious how much each pilot will be getting? Any ideas?

The rumor is 6.8 % of 2006 W-2.

 

[Ex737Driver]

As of this eveing, the company website has pilots getting between 7% and 7.3% of final 2006 earnings.

 

[calfo]

...about a month's pay, more or less...


Better than a sharp stick in the eye!

 

[Ex737Driver]

Now, if we can just keep the stock price above $45.00 a share until March 30th.............

 

[Hutchman]

CAL reports good news and the stock goes down?

Maybe they are upset that managment lost 48 million for the quarter by heging fuel. Cal is a company that investors think managment is better than the competitors, maybe they are rethinking that now.

 

[tmac3333]

CAL lost 48 million because they put 40 million into the A Fund and wrote it off on the 4th quarter balance sheet. Without that CAL would have lost only about 8 million....