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Old 07-24-2014 | 07:02 PM
  #956  
zoooropa
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Originally Posted by A319
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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