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Frontier Airlines posts record profit fot December

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I think what he was pointing out is that they sold 4 airplanes in December. What would the quarterly numbers have looked like had it not been propped up by the cash from those planes sold.

What does an Airbus sell for in today's market?
 
Precisely.

The last line of the article was: "The company sold four planes in the quarter."

Cost of an Airbus - A319: $63.3 to $77.3m ( from Wikipedia )

Of course we don't know if the aircraft were leased and sold, or owned and sold. Big difference there.

But, even if they were just leased, figure about $250,000/mo in lease payments per aircraft. Or, a million or more a month in cost savings by losing the lease payments/operating costs for 4 aircraft.

Basically, I have no idea what I am talking about...But, that last line says a lot without saying anything really.



YKMKR
 
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Any details differentiating between actual profit and operating profit?

At any rate well done. Hopefully one of many more to come.

Gup
 

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