Originally Posted by
notEnuf
Paul said RASM neutral and second half recovery. Things must be good on the debt front because we just issued more of our own. Paul failed to mention that.
https://www.sec.gov/Archives/edgar/d...0876-index.htm
How can you say profit sharing will be lower? We only have 2 months data and the trend is improving. Not to mention gains in the "Other" revenue items. (JV, AMEX credit card, MRO, etc.)
PS will pay off when the core business isn't as "core" going forward. The "global capital efficiency plan" is alive and well. They change the descriptor every few months but they mean outsourcing.
Prasm is neutral year over year. That's not good news coming off a bad year. The only projection I saw for next year was operating margin. Which they project to be down from 16.5 adjusted(17.5 actual) to 15%. That generally correlates directly to profit unless there is a business expansion.