Frontier Hiring.
07-24-2014 | 05:44 PM
#954
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07-24-2014 | 07:02 PM
#956
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Joined: Jul 2009
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Not possible. If we look at Q2 in 2013 we had about $330MM in revenue and a net income before taxes of $14MM. In Q2 2012 we had $370MM in revenue and a net income before taxes of about $14MM.
We recently increased block hours so maybe we have $400MM in revenue but $90MM would be a 23% margin. Never going to happen. I think we hit 12% margin for a brief period of time before Indigo purchased us so if we are still clipping away at 12% that would max our net out at $48MM and even that would be a miracle. If it is above $16MM I would be shocked. Form 41 has some noisy numbers and they will be released soon. I think Q1 indicated $14MM net.
We recently increased block hours so maybe we have $400MM in revenue but $90MM would be a 23% margin. Never going to happen. I think we hit 12% margin for a brief period of time before Indigo purchased us so if we are still clipping away at 12% that would max our net out at $48MM and even that would be a miracle. If it is above $16MM I would be shocked. Form 41 has some noisy numbers and they will be released soon. I think Q1 indicated $14MM net.
07-24-2014 | 07:09 PM
#957
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Joined: Jul 2009
Posts: 688
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For comparison (apples to grapes) American just completed their best quarter in history with a 7.5% margin. UAL crushed it with more than 8% and DAL also hit 7.5%.
Our costs are obviously WAY lower than the legacies but we can't touch their yields. Ill stick by my 4%, $16MM theory and be happy.
Our costs are obviously WAY lower than the legacies but we can't touch their yields. Ill stick by my 4%, $16MM theory and be happy.
07-25-2014 | 11:44 AM
#958
On Reserve
Joined: Jul 2014
Posts: 19
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From: Airbus Captain
Not possible. If we look at Q2 in 2013 we had about $330MM in revenue and a net income before taxes of $14MM. In Q2 2012 we had $370MM in revenue and a net income before taxes of about $14MM.
We recently increased block hours so maybe we have $400MM in revenue but $90MM would be a 23% margin. Never going to happen. I think we hit 12% margin for a brief period of time before Indigo purchased us so if we are still clipping away at 12% that would max our net out at $48MM and even that would be a miracle. If it is above $16MM I would be shocked. Form 41 has some noisy numbers and they will be released soon. I think Q1 indicated $14MM net.
We recently increased block hours so maybe we have $400MM in revenue but $90MM would be a 23% margin. Never going to happen. I think we hit 12% margin for a brief period of time before Indigo purchased us so if we are still clipping away at 12% that would max our net out at $48MM and even that would be a miracle. If it is above $16MM I would be shocked. Form 41 has some noisy numbers and they will be released soon. I think Q1 indicated $14MM net.
07-28-2014 | 10:11 AM
#960
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Joined: Dec 2013
Posts: 501
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