Pilots helping pilots
View over 100 airline profilesAdd to Google



Go Back   Airline Pilot Central Forums > Airline Pilot Forums > Major
So where is demand and revenue? So where is demand and revenue?
Register FAQ Advertising Members List Calendar Mark Forums Read


Major Legacy, National, and LCC

Reply
 
LinkBack Thread Tools Display Modes
Old 03-18-2009, 09:46 AM   #1 (permalink)
Gets Weekends Off
 
Bucking Bar's Avatar
 
Joined APC: Jun 2007
Position: Living out of a suitcase & stealing internet from the hotel bar
Posts: 1,953
Default So where is demand and revenue?
US Air and Delta says they are seeing things firm up through March. Not so, says Continental.

Quote:
The Hits Just Keep On Comin'; Continental Airlines Says Revenues Down 18%

As UBS analyst Kevin Crissey said in a research note this evening, "The headline figure is bad."


Ah, yeah. I think you could say that.


Tonight Continental Airlines issued an update to its guidance. The company now expects March passenger unit revenue (RASM) to be down more than 18% year over year. This -- despite the airline's capacity cuts. And everybody's else's capacity cuts as well.

Continental also said that it is not yet seeing any kind of "stabilization in demand" that some other carriers have indicated of late they are experiencing.


On the plus side, the airline did say that they should beat their own cost guidance for the first quarter. Woo hoo.
Bucking Bar is offline   Reply With Quote
Old 03-18-2009, 02:29 PM   #2 (permalink)
Banned
 
Joined APC: May 2007
Posts: 698
Lightbulb How much is their cost down by?
The problem with articles like this is they can be deceiving. Yes revenue is down but so is fuel prices. Your total revenue for your business is directly related to costs, especially in a highly competitive business.

When gas prices were expensive, so were tickets and a direct result was a higher revenue. Profits may have not existed, but now that gas is cheap again, tickets are cheaper and total revenue will naturally be down as well.

This could be a way for Continental management to play games with the pilots in negotiations.

The only number that matters in the end is PROFIT, and I would rather see that than your revenue. GM made billions more in revenue than Continental, but lost billions.
Last edited by tpersuit : 03-18-2009 at 11:05 PM.
tpersuit is offline   Reply With Quote
Old 03-18-2009, 04:01 PM   #3 (permalink)
Gets Weekends Off
 
757Driver's Avatar
 
Joined APC: Dec 2005
Position: 757/767 Captain
Posts: 933
Default
Can you say "Contract Negotiations"???

The sky will continue to fall until exactly one day after a sub-standard agreement is reached.
757Driver is offline   Reply With Quote
Old 03-18-2009, 06:09 PM   #4 (permalink)
Gets Weekends Off
 
flybynuts's Avatar
 
Joined APC: Apr 2007
Position: 737 F/O, Military instructor
Posts: 243
Default
When they stop serving meals or charging for them, then I will be worried. Until then, fights on...you know, we "almost" when into bankruptcy right after 2001.
flybynuts is offline   Reply With Quote


Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


All times are GMT -8. The time now is 12:01 AM.

Advertising - Airline Pilot Central - Privacy Policy - Terms and Conditions - Career - Archive - Top

Copyright ©2000 - 2009 Internet Brands, Inc.

Search Engine Optimization by vBSEO 3.2.0 RC7