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Back in the black…
OK, not by MUCH, but a little profit is better than none…
Spirit (SAVE) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.09 per share. This compares to loss of $0.69 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 133.33%. A quarter ago, it was expected that this airline would post a loss of $0.34 per share when it actually produced a loss of $0.30, delivering a surprise of 11.76%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. |
Originally Posted by Excargodog
(Post 3520836)
OK, not by MUCH, but a little profit is better than none…
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Originally Posted by Excargodog
(Post 3520880)
Well, not really profit, but earnings adjusted for non recurring items are a mite better than expected.
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Trailing the industry after management made it clear we would be the FIRST to consistent profitability…
Womp womp…….. |
Yeah, well it’s great to add aircraft, but without retaining enough aircrew to staff them they are just an overhead expense for debt service, parking fees, routine maintenance…etc. And more aircraft coming next year…like the sorcerers apprentice.
I guess the strategy is to wait for the demise of the regionals and hire all the low 121 time FOs that will find themselves without jobs when the music stops. |
Originally Posted by Excargodog
(Post 3520962)
Yeah, well it’s great to add aircraft, but without retaining enough aircrew to staff them they are just an overhead expense for debt service, parking fees, routine maintenance…etc. And more aircraft coming next year…like the sorcerers apprentice.
I guess the strategy is to wait for the demise of the regionals and hire all the low 121 time FOs that will find themselves without jobs when the music stops. |
Originally Posted by JulesWinfield
(Post 3521022)
That’s a bad plan, considering the number of airframes coming over the next year and a half.
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Originally Posted by Excargodog
(Post 3521257)
As demonstrated by the falling utilization numbers.
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Originally Posted by sioux8ships
(Post 3521417)
Down by 2 hours per plane. That’s huge!
Sure doing it differently now. |
Originally Posted by sioux8ships
(Post 3521417)
Down by 2 hours per plane. That’s huge!
But why come to NK when B6 is hiring? Sure, you might have to do a tour in the Embraer, but so what? You’ll still come out better off economically, and likely wind up in the same place. |
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