Ex737Driver
Contract 2020????
- Joined
- Aug 14, 2004
- Posts
- 1,240
Heres an analyst report on projected airline P/L for 2008:
Oil Assumption/$BL $95 $105
AMR -538M -1,205M
DAL -100M -419M
CAL -12M -240M
UAL -112M -444M
AirTran -27M -71M
FRNT -48M -71M
JBLU -45M -86M
NWA +43M -180M
SWA +467M +452M.....
Not too sure about your info here at least CAL. GC Jet A in 2007 was averaging $95.27 Bbl and we made $459M full year. In the 4th quarter of 07 we lost $32M but was due only to a $103M charge for a "provision for income taxes". It also appears we will take the same charge in 1st quarter of 08 which will result in a bigger loss but with fuel costs running on average 40% more, we should see our profit for the year almost cut in half or somewhere around $281M year ending 08.
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