But My Airlines Cannot Afford A Raise...
11-03-2007, 09:10 AM
#1
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But My Airlines Cannot Afford A Raise...
I wanted to post some recent financial results from the United States largest 7 airlines.
(These numbers are in MILLIONS of dollars. They represent Net Income, not those crazy $23 billion dollar paper profits from exiting bankruptcy)
Combined over the past 6 quarters (1.5 years), these 7 airlines have made a combined 5.19 BILLION dollars.
That means each airline is average close to $500 Million dollars a year.
Your airline can afford it!
(These numbers are in MILLIONS of dollars. They represent Net Income, not those crazy $23 billion dollar paper profits from exiting bankruptcy)
Code:
AA UAL DAL CAL NWA USAIR SOUTHWEST 2Q06 291 119 175 198 179 305 333 3Q06 15 190 52 237 252 -78 48 4Q06 17 -61 -179 -26 -267 12 57 NET06 231 -58 -308 343 35 303 499 1Q07 81 -152 -6 22 -292 66 93 2Q07 317 274 274 278 273 263 278 3Q07 175 334 220 241 244 177 162
That means each airline is average close to $500 Million dollars a year.
Your airline can afford it!
11-03-2007, 10:35 AM
#4
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Posts: 423
Originally Posted by newKnow
If they can make proffits with oil at $95 a barrel they could have afforded our pay rates of 5 years ago. They do what they want to do and we just "dance on a string held by the bigshots."
11-03-2007, 01:34 PM
#6
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Originally Posted by newKnow
If they can make proffits with oil at $95 a barrel they could have afforded our pay rates of 5 years ago. They do what they want to do and we just "dance on a string held by the bigshots."
11-03-2007, 03:45 PM
#7
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Posts: 337
Originally Posted by aerospacepilot
I wanted to post some recent financial results from the United States largest 7 airlines.
(These numbers are in MILLIONS of dollars. They represent Net Income, not those crazy $23 billion dollar paper profits from exiting bankruptcy)
Combined over the past 6 quarters (1.5 years), these 7 airlines have made a combined 5.19 BILLION dollars.
That means each airline is average close to $500 Million dollars a year.
Your airline can afford it!
(These numbers are in MILLIONS of dollars. They represent Net Income, not those crazy $23 billion dollar paper profits from exiting bankruptcy)
Code:
AA UAL DAL CAL NWA USAIR SOUTHWEST 2Q06 291 119 175 198 179 305 333 3Q06 15 190 52 237 252 -78 48 4Q06 17 -61 -179 -26 -267 12 57 NET06 231 -58 -308 343 35 303 499 1Q07 81 -152 -6 22 -292 66 93 2Q07 317 274 274 278 273 263 278 3Q07 175 334 220 241 244 177 162
That means each airline is average close to $500 Million dollars a year.
Your airline can afford it!
That's great, but UPS made almost that much last year alone.
11-03-2007, 09:12 PM
#9
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Posts: 1,057
Originally Posted by FlyByCable
That's great, but UPS made almost that much last year alone.
Your right. And their pay rates are still well below many legacy carriers in 2000. That's the only unfortunate thing.
11-03-2007, 09:47 PM
#10
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Position: 765-A
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Originally Posted by sully606
I think that most airlines are hedged well below $95 at this time.
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