Airline Pilot Central Forums

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   United (https://www.airlinepilotforums.com/united/)
-   -   Q1 Loss (https://www.airlinepilotforums.com/united/142025-q1-loss.html)

awax 04-18-2023 10:16 AM


Originally Posted by jerryleber (Post 3624270)
No reason to fret. The MEC has done extensive polling and surveys so they know exactly what the pilots as a group want.


And none of it came back as your guy Niels Swindell

RaginCajun 04-18-2023 12:35 PM

Net loss of $194 million, adjusted net loss3 of $207 million.
Capacity up 23.4% compared to first-quarter 2022.
Total operating revenue of $11.4 billion, up 51.1% compared to first-quarter 2022.
TRASM up 22.5% compared to first-quarter 2022.
CASM up 4.0%, and CASM-ex2 down 0.1%, compared to first-quarter 2022.
Diluted loss per share of $0.59, adjusted diluted loss per share1 of $0.63.
Average fuel price per gallon of $3.33.
Reduced adjusted total debt3 by $4.6 billion in the last 12 months.

JTwift 04-18-2023 12:39 PM

How much of the loss was due to the “pilot contract”?

horrido27 04-18-2023 01:13 PM

Taken from the Delta Forum-


Originally Posted by notEnuf (Post 3625140)
Loss was due to one time payment to pilots, which is not a loss for our PTIX. (X) being the key. $72M PS accrual in Q1.

so.. even with a “loss” due to their Pilot Contract, they seem to have been able to achieve an amount for their PS…

All we can do is-
Fly Safe
Fly Professionally &
Fly the Contract

Motch

iahflyr 04-19-2023 03:15 PM

Did anyone read the 10K? I believe they did not take any loss due to the pilot contract.

MasterOfPuppets 04-19-2023 05:04 PM


Originally Posted by iahflyr;[url=tel:3626604
3626604]Did anyone read the 10K? I believe they did not take any loss due to the pilot contract.

they absolutely did they filed an 8K with the SEC in March. The article is in the first post.


https://ir.united.com/node/30341/html

above is the 8K

JTwift 04-20-2023 12:34 AM

So, is this going to make us the only airline to lose money this year? (I know delta posted a Q1 loss, but that’s due to the contract that was ACTUALLY signed. Without that, they’re showing a profit, and have guidance of posting a profit the rest of the year).).

what is our world domination plan again?

two weeks!

ThumbsUp 04-20-2023 04:56 AM


Originally Posted by JTwift (Post 3626744)
So, is this going to make us the only airline to lose money this year? (I know delta posted a Q1 loss, but that’s due to the contract that was ACTUALLY signed. Without that, they’re showing a profit, and have guidance of posting a profit the rest of the year).).

what is our world domination plan again?

two weeks!

It's just around the corner. I know because BobbyLee still has the same screen name.

Hedley 04-20-2023 05:01 AM


Originally Posted by JTwift (Post 3626744)
So, is this going to make us the only airline to lose money this year? (I know delta posted a Q1 loss, but that’s due to the contract that was ACTUALLY signed. Without that, they’re showing a profit, and have guidance of posting a profit the rest of the year).).

what is our world domination plan again?

two weeks!

A Q1 loss isn’t loss for the year. We can have a good contract, or we can have a current book with Delta rates in 2 weeks. We’ve told the MEC what we want, and now we have leadership that listens and delivers that message to the company. We’re going to have to pry each additional dime out of them and this isn’t going to be quick.

BobbyLeeSwagger 04-20-2023 05:09 AM


Originally Posted by ThumbsUp (Post 3626786)
It's just around the corner. I know because BobbyLee still has the same screen name.

Hahahaha! Excellent


All times are GMT -8. The time now is 09:25 PM.


Website Copyright © 2026 MH Sub I, LLC dba Internet Brands