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Which Airline Is Losing The Most Money Now Days?  
User currently offlineNasmal From United States of America, joined Jun 2000, 219 posts, RR: 0
Posted (9 years 12 months 3 days 18 hours ago) and read 6173 times:

In order? From Loss to actually posting a profit?

[Edited 2004-07-25 21:24:07]

15 replies: All unread, jump to last
 
User currently offlineAASTEW From Dominican Republic, joined Oct 2001, 447 posts, RR: 1
Reply 1, posted (9 years 12 months 3 days 17 hours ago) and read 6124 times:

Of the Big Five only AA posted a profit. All the other network carriers posted losses. I'm quite sure DL posted the largest loss.

User currently offlineAa757first From United States of America, joined Aug 2003, 3347 posts, RR: 8
Reply 2, posted (9 years 12 months 3 days 17 hours ago) and read 6118 times:

Delta just lost almost $2 billion . Hard to top that.

AAndrew


User currently offlineRCS763av From Colombia, joined Jun 2004, 4390 posts, RR: 12
Reply 3, posted (9 years 12 months 3 days 17 hours ago) and read 6069 times:

Totally, DL.
By size, US.



Les escribo desde el frío de mi verde altiplano.
User currently offlineWGW2707 From United States of America, joined Aug 2003, 1197 posts, RR: 35
Reply 4, posted (9 years 12 months 3 days 17 hours ago) and read 6027 times:

Of course Delta's $2 billion loss was not entirely operational in nature-it was largely one time payments that the airline decided it would be optimal to pay off at this time.

BTW to my knowledge $2 billion is an industry record.

-WGW2707


User currently offlineHaveric From United States of America, joined Jan 2001, 1247 posts, RR: 4
Reply 5, posted (9 years 12 months 3 days 17 hours ago) and read 6023 times:

I think UA and DL both lost more money for their size than US did last quarter. US almost broke even, IIRC (absent one-time charges).

User currently offlineDutchjet From Netherlands, joined Oct 2000, 7864 posts, RR: 57
Reply 6, posted (9 years 12 months 3 days 16 hours ago) and read 5966 times:

Rising fuel costs caused financial headaches for many airlines (especially those in the US) and even airlines like NW and CO, which had hoped to show a profit ended up losing money. CO had a small operating profit, but charges associated with the retirement of the MD80 fleet resulted in a loss for the quarter. AA did squeak out a small profit, but even low-fare darlings such as Southwest and JetBlue did not do as well as expected.

In the US, Delta is probably losing the most money at the moment and unless some things change, and very quickly, DL may be headed to the bankruptcy court. And while the situation as UA and US seem to be improving, both airlines still have huge financial issues to work out. Over in Europe, Alitalia is in the most trouble at the moment, with the Italian government providing emergency financing to the airline to avoid a financial disaster - the EU allowed the financing to go through, eventhough they are against government support of air carriers.


User currently offlineA330323X From United States of America, joined Oct 2003, 3039 posts, RR: 44
Reply 7, posted (9 years 12 months 3 days 13 hours ago) and read 5867 times:

All the other network carriers posted losses.

By size, US.

I think UA and DL both lost more money for their size than US did last quarter. US almost broke even, IIRC (absent one-time charges).

 Confused  Confused  Confused

US hasn't even reported their 2nd quarter results yet. They report on Tuesday.

They will be very close to break-even one way or another. Personally, I expect a small profit.



I'm the expert on here on two things, neither of which I care about much anymore.
User currently offlineMika10021 From Greece, joined Jul 2004, 122 posts, RR: 0
Reply 8, posted (9 years 12 months 3 days 7 hours ago) and read 5741 times:

In the US it has to be DL.In Europe my guess is Olympic.Last year they had a loss of more than $500m.

User currently offlinePilatusguy From Switzerland, joined Jan 2004, 315 posts, RR: 0
Reply 9, posted (9 years 12 months 3 days ago) and read 5573 times:

Swiss Int'l Airlines posted a net loss of CHF 687,000,000 after interest and tax for 2003. (US$ 553,273,738)

pretty substantial as well - but hey, they'll make it!  Smile


User currently offlineMIASkies From United States of America, joined Jun 2004, 1343 posts, RR: 1
Reply 10, posted (9 years 12 months 3 days ago) and read 5563 times:

Definetly DL, probably followed by US and UA.
I believe CO and AA are posting some profit.

ciao  Wink/being sarcastic



Nothing better than making love at 35K Feet!
User currently offlineMd11dude From Canada, joined May 2004, 132 posts, RR: 0
Reply 11, posted (9 years 12 months 3 days ago) and read 5531 times:

Well, Not by comparing The size of the airlines, but by how screwed the airline actually is....You people are only talking about the U.S. airlines. I belive Air Canada is in quite the deep S..T unfortunatly, and along Other majors like LX etc.....

p.s. Hope Delta will pull through. They kick serious butt!



Canadi>n DC-10
User currently offlineNa From Germany, joined Dec 1999, 10630 posts, RR: 9
Reply 12, posted (9 years 12 months 2 days 23 hours ago) and read 5497 times:

If the government wouldn´t help, Alitalia and Olympic would be liquidated already.
Otherwise Delta´s loss published last week is a sad record. Something has to happen soon. How long can this huge airline survice at this pace?


User currently offlineUA744Flagship From , joined Dec 1969, posts, RR:
Reply 13, posted (9 years 12 months 2 days 23 hours ago) and read 5470 times:

Idiots.

UA/US haven't even posted their results yet!

And to the dolt who said CO was profitable, read before you assume!

UA was very close to breakeven in May, and we shall find about about June soon enough. UA will probably post a loss unless June made a profit beyond April's loss and May's very small loss.


User currently offlineDBOBA From Germany, joined Aug 2001, 21 posts, RR: 0
Reply 14, posted (9 years 12 months 2 days 21 hours ago) and read 5365 times:

UA744 Flagship
Please mind YOUR wording.
Thanks.


User currently offlineUAL777 From United States of America, joined Aug 2003, 1546 posts, RR: 5
Reply 15, posted (9 years 12 months 2 days 21 hours ago) and read 5123 times:

DBOBA,

Flagship was merely showing his displeasure with the all too often UA hating, financial figure assuming attitude on airliners. Anyway, DL needs to cut costs or they will be far worse off than UA is.



It is always darkest before the sun comes up.
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