Originally Posted by
sailingfun
Oil was only low for badically the last 7 weeks of the year. The company and analysts are all forecasting a lower profit than last year. PS was 15.1% last year. Very difficult to imagine it will not be less this year.
A lot of senior folks left or went out on disability, replaced by pilots who have very little sick time (and don't use it anyway), and very little vacation. Maybe a third of the company now has only 2 weeks or less of vacation, and many are carrying 2-year freezes. The company also realized significant efficiencies optimising over 45-day periods instead of 30. I'll be surprised, but not shocked if it goes over 15.1.