WSJ: Airlines Post Strong Profits
10-23-2014, 09:57 AM
#1
Gets Weekends Off
Thread Starter
Joined APC: Nov 2012
Position: 1900D CA
Posts: 3,394
WSJ: Airlines Post Strong Profits
Article from the Wall Street Journal:
Airlines Post Strong Profits, Offer Bullish Outlooks - WSJ - WSJ
In a nut shell:
Several U.S. airlines posted stronger third-quarter profits and expressed bullish sentiments for the current quarter, based on falling fuel prices, strong holiday bookings, domestic capacity discipline and a slight easing of Ebola jitters.
United Continental Holdings Inc., which has lagged behind its largest rivals, had a particularly strong quarter, as its profit more than doubled. American Airlines Group Inc., Southwest Airlines Co. and JetBlue Airways Corp. all said they posted a record profit for the quarter.
JetBlue’s profit climbed 11% to $79 million
Alaska reported an 8.1% jump in traffic, though its load factor edged down to 86% from 86.5% a year earlier. Overall, the company’s revenue fell to $1.47 billion from $1.56 billion a year earlier. However, excluding special items, its profit climbed.
American reported a profit of $1.2 billion, compared with a year-earlier profit of $771 million
United posted a profit of $924 million, or $2.37 a share, compared with $379 million, or 98 cents a share, a year earlier
Airlines Post Strong Profits, Offer Bullish Outlooks - WSJ - WSJ
In a nut shell:
Several U.S. airlines posted stronger third-quarter profits and expressed bullish sentiments for the current quarter, based on falling fuel prices, strong holiday bookings, domestic capacity discipline and a slight easing of Ebola jitters.
United Continental Holdings Inc., which has lagged behind its largest rivals, had a particularly strong quarter, as its profit more than doubled. American Airlines Group Inc., Southwest Airlines Co. and JetBlue Airways Corp. all said they posted a record profit for the quarter.
JetBlue’s profit climbed 11% to $79 million
Alaska reported an 8.1% jump in traffic, though its load factor edged down to 86% from 86.5% a year earlier. Overall, the company’s revenue fell to $1.47 billion from $1.56 billion a year earlier. However, excluding special items, its profit climbed.
American reported a profit of $1.2 billion, compared with a year-earlier profit of $771 million
United posted a profit of $924 million, or $2.37 a share, compared with $379 million, or 98 cents a share, a year earlier
10-23-2014, 10:12 AM
#2
Gets Weekends Off
Joined APC: Feb 2006
Position: B-737NG preferably in first class with a glass of champagne and caviar
Posts: 5,906
Originally Posted by Aero1900
Article from the Wall Street Journal:
Airlines Post Strong Profits, Offer Bullish Outlooks - WSJ - WSJ
In a nut shell:
Several U.S. airlines posted stronger third-quarter profits and expressed bullish sentiments for the current quarter, based on falling fuel prices, strong holiday bookings, domestic capacity discipline and a slight easing of Ebola jitters.
United Continental Holdings Inc., which has lagged behind its largest rivals, had a particularly strong quarter, as its profit more than doubled. American Airlines Group Inc., Southwest Airlines Co. and JetBlue Airways Corp. all said they posted a record profit for the quarter.
JetBlue’s profit climbed 11% to $79 million
Alaska reported an 8.1% jump in traffic, though its load factor edged down to 86% from 86.5% a year earlier. Overall, the company’s revenue fell to $1.47 billion from $1.56 billion a year earlier. However, excluding special items, its profit climbed.
American reported a profit of $1.2 billion, compared with a year-earlier profit of $771 million
United posted a profit of $924 million, or $2.37 a share, compared with $379 million, or 98 cents a share, a year earlier
Airlines Post Strong Profits, Offer Bullish Outlooks - WSJ - WSJ
In a nut shell:
Several U.S. airlines posted stronger third-quarter profits and expressed bullish sentiments for the current quarter, based on falling fuel prices, strong holiday bookings, domestic capacity discipline and a slight easing of Ebola jitters.
United Continental Holdings Inc., which has lagged behind its largest rivals, had a particularly strong quarter, as its profit more than doubled. American Airlines Group Inc., Southwest Airlines Co. and JetBlue Airways Corp. all said they posted a record profit for the quarter.
JetBlue’s profit climbed 11% to $79 million
Alaska reported an 8.1% jump in traffic, though its load factor edged down to 86% from 86.5% a year earlier. Overall, the company’s revenue fell to $1.47 billion from $1.56 billion a year earlier. However, excluding special items, its profit climbed.
American reported a profit of $1.2 billion, compared with a year-earlier profit of $771 million
United posted a profit of $924 million, or $2.37 a share, compared with $379 million, or 98 cents a share, a year earlier
, except crewmembers, staff, mechanics, gate agents, cleaners, trainers, secretaries... Did I leave anyone out?
10-23-2014, 10:33 AM
#3
Gets Weekends Off
Joined APC: Sep 2013
Position: On the hotel shuttle
Posts: 5,811
Originally Posted by captjns
Hooray! Raises for everyone, except crewmembers, staff, mechanics, gate agents, cleaners, trainers, secretaries... Did I leave anyone out?
, except crewmembers, staff, mechanics, gate agents, cleaners, trainers, secretaries... Did I leave anyone out?
10-23-2014, 11:36 AM
#4
Gets Weekends Off
Joined APC: Jun 2006
Posts: 1,423
Originally Posted by captjns
Hooray! Raises for everyone, except crewmembers, staff, mechanics, gate agents, cleaners, trainers, secretaries... Did I leave anyone out?
, except crewmembers, staff, mechanics, gate agents, cleaners, trainers, secretaries... Did I leave anyone out?Yours truly,
The CEO (and a couple of middle managers)
10-23-2014, 04:33 PM
#6
Gets Weekends Off
Joined APC: Feb 2006
Position: B-737NG preferably in first class with a glass of champagne and caviar
Posts: 5,906
Originally Posted by captjns
Hooray! Raises for everyone, except crewmembers, staff, mechanics, gate agents, cleaners, trainers, secretaries... Did I leave anyone out?
, except crewmembers, staff, mechanics, gate agents, cleaners, trainers, secretaries... Did I leave anyone out?
Thread
Thread Starter
Forum
Replies
Last Post
