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WSJ: Airlines Post Strong Profits
Article from the Wall Street Journal:
Airlines Post Strong Profits, Offer Bullish Outlooks - WSJ - WSJ In a nut shell: Several U.S. airlines posted stronger third-quarter profits and expressed bullish sentiments for the current quarter, based on falling fuel prices, strong holiday bookings, domestic capacity discipline and a slight easing of Ebola jitters. United Continental Holdings Inc., which has lagged behind its largest rivals, had a particularly strong quarter, as its profit more than doubled. American Airlines Group Inc., Southwest Airlines Co. and JetBlue Airways Corp. all said they posted a record profit for the quarter. JetBlue’s profit climbed 11% to $79 million Alaska reported an 8.1% jump in traffic, though its load factor edged down to 86% from 86.5% a year earlier. Overall, the company’s revenue fell to $1.47 billion from $1.56 billion a year earlier. However, excluding special items, its profit climbed. American reported a profit of $1.2 billion, compared with a year-earlier profit of $771 million United posted a profit of $924 million, or $2.37 a share, compared with $379 million, or 98 cents a share, a year earlier |
Originally Posted by Aero1900
(Post 1751962)
Article from the Wall Street Journal:
Airlines Post Strong Profits, Offer Bullish Outlooks - WSJ - WSJ In a nut shell: Several U.S. airlines posted stronger third-quarter profits and expressed bullish sentiments for the current quarter, based on falling fuel prices, strong holiday bookings, domestic capacity discipline and a slight easing of Ebola jitters. United Continental Holdings Inc., which has lagged behind its largest rivals, had a particularly strong quarter, as its profit more than doubled. American Airlines Group Inc., Southwest Airlines Co. and JetBlue Airways Corp. all said they posted a record profit for the quarter. JetBlue’s profit climbed 11% to $79 million Alaska reported an 8.1% jump in traffic, though its load factor edged down to 86% from 86.5% a year earlier. Overall, the company’s revenue fell to $1.47 billion from $1.56 billion a year earlier. However, excluding special items, its profit climbed. American reported a profit of $1.2 billion, compared with a year-earlier profit of $771 million United posted a profit of $924 million, or $2.37 a share, compared with $379 million, or 98 cents a share, a year earlier |
Originally Posted by captjns
(Post 1751971)
Hooray! Raises for everyone:), except crewmembers, staff, mechanics, gate agents, cleaners, trainers, secretaries... Did I leave anyone out?
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Originally Posted by captjns
(Post 1751971)
Hooray! Raises for everyone:), except crewmembers, staff, mechanics, gate agents, cleaners, trainers, secretaries... Did I leave anyone out?
Yours truly, The CEO (and a couple of middle managers) |
Originally Posted by putzin
(Post 1752050)
HEY! A billion dollar profit can only be divided so many ways!
Yours truly, The CEO (and a couple of middle managers) |
Originally Posted by captjns
(Post 1751971)
Hooray! Raises for everyone:), except crewmembers, staff, mechanics, gate agents, cleaners, trainers, secretaries... Did I leave anyone out?
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