Originally Posted by
3inthegreen
For the 3rd Quarter
Our GAAP pre tax income was $96.5 million
JetBlue had a GAAP pre tax income of $68 million.
We had an adjusted pre tax income of $100.5 million.
JetBlue had an adjusted pre tax income of $180 million
JetBlue had a one time expense of $112 million in regards to refleeting the 190s.
JetBlue’s niche is the East Coast, the Caribbean, South America, the West Coast and they have a very loyal customer group in most of there markets. Seems like their rudder works just fine.
To Wall Street we look much better...rudderless or not... we are a VERY healthy company from a financial standpoint and have a corporate balance sheet to envy... spirit CANNOT operate like AA or even JetBlue...I’m glad those guys got a contract after us that had higher rates and work rules etc... just sets us up for a victory in 2020...but make no mistake... we’re in a better position for fruition in the future and we know what that looks like... and not to beat a dead horse BUT... if you wanna compare W2’s by all means do so... I’ll keep my low premiums and move on... with that said... they’ll move far ahead of us if the profit sharing checks are legit which they should be... that’s an absolute MUST on the next round