Thread: jetBlue Hiring
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Old 01-22-2016 | 03:01 PM
  #6628  
Flyingphi
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Originally Posted by 3GRNDWN
RiddleEagle18,
I have to admit, when I read your "share for share" post, I thought you were way off the mark. That was until I did some calculating. Now I have to agree with you, the ratio between pre-tax net income and the number of pilots at each company is plausible. This calculation is determined by one unknown, JB's 4Q pre-tax net income.

Without getting into the weeds with the math, the bottom line is that in order for JB's income to pilot ratio to match United's, JB needs to report a minimum of $357.5 million in pre-tax net income for the 4Q 2015 results.

We will find out if JB hit the mark during their quarterly and full year conference call on 28 January.
Third quarter results for united showed they made much more on per pilot basis. They have roughly 4 times more pilots but made 8 times as much money.
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