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Old 07-24-2014, 01:30 PM
  #951  
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So all of our competitors are reporting record profits in Q2. How'd we do? I'm sure someone with access to the financial meetings can chime in.
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Old 07-24-2014, 04:02 PM
  #952  
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I heard through the grapevine that we made upwards of 90million...
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Old 07-24-2014, 05:09 PM
  #953  
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Originally Posted by A319 View Post
I heard through the grapevine that we made upwards of 90million...
Interesting. I wonder on what revenue...

Last edited by Barley; 07-24-2014 at 05:25 PM.
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Old 07-24-2014, 05:44 PM
  #954  
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Originally Posted by silver fleet View Post
Perfectly articulated. Lets not forget what BF did at America West in the 90's, he damn near let the doors close.....
Franke was post-bankruptcy and all that crap. That would be Ed Beauvais and Michael Conway who ran HP all but into the ground.
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Old 07-24-2014, 06:29 PM
  #955  
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90 Million? This company has never made more then a few million. I hope you are right of course but that's a huge number when talking about Frontier.
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Old 07-24-2014, 07:02 PM
  #956  
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Originally Posted by A319 View Post
I heard through the grapevine that we made upwards of 90million...
Not possible. If we look at Q2 in 2013 we had about $330MM in revenue and a net income before taxes of $14MM. In Q2 2012 we had $370MM in revenue and a net income before taxes of about $14MM.

We recently increased block hours so maybe we have $400MM in revenue but $90MM would be a 23% margin. Never going to happen. I think we hit 12% margin for a brief period of time before Indigo purchased us so if we are still clipping away at 12% that would max our net out at $48MM and even that would be a miracle. If it is above $16MM I would be shocked. Form 41 has some noisy numbers and they will be released soon. I think Q1 indicated $14MM net.
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Old 07-24-2014, 07:09 PM
  #957  
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For comparison (apples to grapes) American just completed their best quarter in history with a 7.5% margin. UAL crushed it with more than 8% and DAL also hit 7.5%.

Our costs are obviously WAY lower than the legacies but we can't touch their yields. Ill stick by my 4%, $16MM theory and be happy.
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Old 07-25-2014, 11:44 AM
  #958  
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Originally Posted by zoooropa View Post
Not possible. If we look at Q2 in 2013 we had about $330MM in revenue and a net income before taxes of $14MM. In Q2 2012 we had $370MM in revenue and a net income before taxes of about $14MM.

We recently increased block hours so maybe we have $400MM in revenue but $90MM would be a 23% margin. Never going to happen. I think we hit 12% margin for a brief period of time before Indigo purchased us so if we are still clipping away at 12% that would max our net out at $48MM and even that would be a miracle. If it is above $16MM I would be shocked. Form 41 has some noisy numbers and they will be released soon. I think Q1 indicated $14MM net.
To be fair, I was heard this from another F9 pilot... I guess no one knows the exact number, but I'm sure they made money.
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Old 07-27-2014, 07:53 PM
  #959  
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Originally Posted by A319 View Post
I heard through the grapevine that we made upwards of 90million...

Maybe you heard nine-Ty, but it was nine-teen?

Even $19 would be massive for F9.
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Old 07-28-2014, 10:11 AM
  #960  
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Originally Posted by Firsttimeflyer View Post
Maybe you heard nine-Ty, but it was nine-teen?

Even $19 would be massive for F9.
I think it was about tree-fiddy.

*edit*
Speaking of which how great would it be to have a Loch Ness Monster animal tail?

Last edited by Barley; 07-28-2014 at 10:51 AM.
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