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Old 08-17-2015 | 12:49 PM
  #145  
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24/48
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Originally Posted by Mesabah
Let's look at UAL's latest financial statement, which was signed under penalty of perjury.

Total operating income(profits): $2.168 billion
of that, regional portion(profits): $2.044 billion

That is straight out of the last UAL sec filing 10Q.
UAL SEC Filings | United Continental Holdings Stock - Yahoo! Finance
Interesting, I see the $2.168 billion profit which takes the PAX Revenue of $12,899 (Mainline PAX Rev) + $3,197 (Regional PAX Rev) + $471 (Cargo) + $1,955 (Other Rev) totaling $18,522 in revenue. Minus expenses totaling $16,336 you get the $2.168 billion profit. Regional revenue results in 19% of total operating revenue.

So what you're saying is that the regional operating revenue $3,197 minus the CPA's $1,157 is all profit, but what you fail to acknowledge is that mainline covers all of the other costs of doing business. Without mainline, regional operators would not exist. ACA/Indy died quickly, and XJT tried an LCC with 50 seaters that died quickly as well.

Last edited by 24/48; 08-17-2015 at 12:59 PM.
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