F9 Financials
04-28-2022 | 07:46 PM
#1
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Gets Weekends Off
Joined: Nov 2012
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From: 1900D CA
F9 Financials
Today was the Q2 investor call. Here's just a few highlights:
Net loss for the quarter was $121 million
Net loss for the quarter was $121 million
- Total operating revenues of $605 million, 11 percent higher than the corresponding pre-COVID quarter in 2019
- Generated $69 of ancillary revenue per passenger during the first quarter of 2022, 21 percent higher than the corresponding pre-COVID quarter in 2019
- Repaid the $150 million outstanding borrowings under the secured term loan facility with the U.S. Treasury (the “Treasury Loan”) in February 2022, unencumbering the Company's co-branded credit card program and related brand assets that had secured it
- Ended the first quarter of 2022 with $727 million of unrestricted cash and cash equivalents
04-28-2022 | 09:09 PM
#3
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Gets Weekends Off
Joined: Nov 2012
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From: 1900D CA
The biggest drawback for the pilots in the event that NK goes with B6 is we won't immediately begin negotiations on a joint contract. We will remain on our current contract longer
04-29-2022 | 09:35 AM
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04-29-2022 | 08:44 PM
#6
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Yes, organic growth without our biggest competitor being a thorn in our side. Plus a 100M cash payout from NK/B6 for breaking the agreement.
The biggest drawback for the pilots in the event that NK goes with B6 is we won't immediately begin negotiations on a joint contract. We will remain on our current contract longer
The biggest drawback for the pilots in the event that NK goes with B6 is we won't immediately begin negotiations on a joint contract. We will remain on our current contract longer
Gotcha, best of luck.
04-30-2022 | 04:12 AM
#7
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Yes, organic growth without our biggest competitor being a thorn in our side. Plus a 100M cash payout from NK/B6 for breaking the agreement.
The biggest drawback for the pilots in the event that NK goes with B6 is we won't immediately begin negotiations on a joint contract. We will remain on our current contract longer
The biggest drawback for the pilots in the event that NK goes with B6 is we won't immediately begin negotiations on a joint contract. We will remain on our current contract longer
04-30-2022 | 06:04 AM
#10
Almost there
Joined: Apr 2021
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You would have thought so at Alaska as well though….I’m starting to get a bad feeling about the fight headed our way.
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