Projected 3rd Quarter Airline financial results are in....

[General Lee]

U.S. airlines to report record 3rd quarter revenue
South Florida Business Journal
Date: Monday, October 22, 2012

AirlineFinancials.com LLC projects that the seven largest U.S. airlines will collectively report $1.8 billion in profits in the third quarter from $36.9 billion in revenue.

This would be a record for third quarter revenue and the third consecutive year of third quarter profits, according to AirlineFinancials.com, which provides airline industry data, analysis and consulting services.

Individual airline projections for the third quarter 2012 are as follows:

* United Airlines - $463 million profit from $9.9 billion revenue

* Delta Air Lines - $797 million profit from $10 billion revenue

* American Airlines - $110 million profit reported from $6.4 billion revenue

* Southwest Airlines - $97 million profit reported from $4.3 billion revenue

* US Airways - $157 million profit from $3.6 billion revenue

* JetBlue Airways - $53 million profit from $1.3 billion revenue

* Alaska Airlines - $162 million profit from $1.3 billion revenue




Bye Bye----General Lee

 

[KarmaPolice]

cha ching

 

[redflyer65]

Excellent!

 

[LearLove]

Someone check my math (too many zeros and I'm only c average at best). My name isn't Gordon Gekko so I'm not even sure if this is the correct way to calculate margins.

industry - 1.8/36.9 = 4.8%

UAL .463/9.9 = 4.6%
DAL 7.9%
AA .11/6.4 = 1.7%
SWA .097/4.3 = 2.2%
LCC .157/3.6 = 4.4%
JB .053/1.3 = 4%
AK .162/1.3 = 12.5% - wholly crap

Average about 5.2%

 

[Old School 737]

Someone check my math (too many zeros and I'm only c average at best). My name isn't Gordon Gekko so I'm not even sure if this is the correct way to calculate margins.

industry - 1.8/36.9 = 4.8%

UAL .463/9.9 = 4.6%
DAL 7.9%
AA .11/6.4 = 1.7%
SWA .097/4.3 = 2.2%
LCC .157/3.6 = 4.4%
JB .053/1.3 = 4%
AK .162/1.3 = 12.5% - wholly crap

Average about 5.2%

Yea It's crazy that an Airline makes that much return ... Time for a huge raise!!!

 

[scoreboardII]

No, thats not how you calculate margin or ROI.

Definition of 'Return On Investment - ROI'

A performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. To calculate ROI, the benefit (return) of an investment is divided by the cost of the investment; the result is expressed as a percentage or a ratio.

The return on investment formula:

Read more: http://www.investopedia.com/terms/r/returnoninvestment.asp#ixzz2ACD7s1Cd

 

[Boxboy]

Yea It's crazy that an Airline makes that much return ... Time for a huge raise!!!

Don't hold your breath.

 

[labbats]

Yea It's crazy that an Airline makes that much return ... Time for a huge raise!!!

Let me say it before you hear the talking heads say it in ground school this year.

"Well guys, that turmoil in the Middle East... rising fuel costs... competition...."

or

"Well guys, stagnation in the economic sector... stocks are down... not a lot of business travelers these days...."


It's always one or the other.

 

[180ToTheMarker]

Glad we reduced profit sharing to fund our raises...doh!

 

[General Lee]

Glad we reduced profit sharing to fund our raises...doh!

That's not really correct. The profit sharing check given on Feb 14th of next year is NOT affected at all by the new contract. So, you will get an 8.5% raise Jan 1st, and then a larger profit sharing check on Feb 14th, 2013 than you did this year. (more profits this year) Now, the NEXT profit sharing check (Feb 14th of 2014), MIGHT be different. It may be smaller, or it may be bigger, all depending on the profit. This year DL made more, than LAST year. Hopefully that will be the same for next year, and if things go well and better, then the profit sharing may be larger than this upcoming check. In the meantime, there will be a nice 8.5% raise Jan 1st, and that also helps with the DC fund contribution, and even the profit sharing since that is based off of your W2.


Bye Bye---General Lee