Co terminal closed
04-25-2024 | 06:02 AM
#3
Gets Weekends Off
Joined: Apr 2013
Posts: 4,590
Likes: 434
While I am surprised, I am also not totally shocked. Every flight with the exception of Denver flights that I have done from there have had very very light loads. That airport is a nightmare to operate from. I feel bad for RJS and the other woodlands warriors, though. I know they were hoping to grow things from there.
Hoping that maybe losing a quarter of a billion dollars will wake somebody up who can rescue our management team from themselves.
Hoping that maybe losing a quarter of a billion dollars will wake somebody up who can rescue our management team from themselves.
04-25-2024 | 06:58 AM
#4
Gets Weekends Off
Joined: Oct 2006
Posts: 3,696
Likes: 325
While I am surprised, I am also not totally shocked. Every flight with the exception of Denver flights that I have done from there have had very very light loads. That airport is a nightmare to operate from. I feel bad for RJS and the other woodlands warriors, though. I know they were hoping to grow things from there.
Hoping that maybe losing a quarter of a billion dollars will wake somebody up who can rescue our management team from themselves.
Hoping that maybe losing a quarter of a billion dollars will wake somebody up who can rescue our management team from themselves.
04-25-2024 | 07:08 AM
#5
Gets Weekends Off
Joined: Jun 2010
Posts: 7,578
Likes: 288
From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
04-25-2024 | 07:14 AM
#6
Prime Minister/Moderator
Joined: Jan 2006
Posts: 45,167
Likes: 803
From: Engines Turn or People Swim
If you can't justify a bonus based on profits, you can always flip the script and claim one based on minimizing losses. Losses are nice, because they could always have been a lot worse 
04-25-2024 | 07:38 AM
#7
gets time off
Joined: Apr 2007
Posts: 1,516
Likes: 98
When things were running smoothly in 2015-2019, we paid out ~$300M in dividends a year. That was about 10-12% of yearly net income. Last year we paid out more dividends as a total dollar amount than we ever have ($428M) and that represented 86% of net income for the year!!!! We are out of balance.
04-25-2024 | 07:51 AM
#8
Gets Weekends Off
Joined: Jun 2010
Posts: 7,578
Likes: 288
From: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
When things were running smoothly in 2015-2019, we paid out ~$300M in dividends a year. That was about 10-12% of yearly net income. Last year we paid out more dividends as a total dollar amount than we ever have ($428M) and that represented 86% of net income for the year!!!! We are out of balance.
04-25-2024 | 08:02 AM
#10
gets time off
Joined: Apr 2007
Posts: 1,516
Likes: 98
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