Thread: Arbitration
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Old 11-05-2017 | 01:07 PM
  #279  
busbusbaby
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From: a cushy one with a forward facing window
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Originally Posted by FlyGuy2002
Dude as of 9/30/2017 the financials show $2,321,956 in revenue YTD. and NET income (profit) as $264,879... divide profit YTD into YTD revenue and we have 11.4% margin. If your gonna get on here and yap atleast yap facts. I know it may be an inconvenient truth but the margin, although healthy at 11%... is certainly not 25%..
And be very careful attaching our pay worthiness to profit margin, because heaven forbid our margins decline, I highly doubt youll support us making less pay because our margins are less. The pay should be higher based on the market rates for pilots right now.. margin has very little to do with anything...
From the earnings call
[QUOTE][For the quarter, our operating revenues grew to a record $2.12 billion. On that revenue, we earned a pre-tax margin of 21% and pre-tax income of $446 million,/QUOTE]
Your wrong, from the horses mouth above.
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