Originally Posted by
crazyjaydawg
If you think pilots are PO’d right now, let’s see how everyone feels after October 13th. That’s when they release Q3 results and give an updated outlook for this year and next year.
I fully expect to see mid teens on the operating margin with about $1.5 billion profit. As capacity comes back to pre-pandemic levels, the operating costs will normalize and the margin will increase into the high teens.
I see $8 billion a real possibility in 2023.
That would be nice but have you been following the economic news lately? The world economy is literally breaking as we speak, the British pension system just got what amounts to a margin call. Did you see the inflation numbers in the Netherlands? China housing loans put the US 2008 ordeal to shame. Russia is literally threatening to use a "tactical" nuclear weapon which is 200 times stronger than the bomb dropped in Hiroshima. The US Federal Reserve is years behind the curve in their tightening. They have straight out said expect pain. I hope I'm wrong but I don't see the economy supporting those kinds of numbers. I'm just hoping we get through the year with small profits and no downsizing. We saw how quickly things can change for the good and bad during Covid. The economy could wreck us this next year.