Aa757first From United States of America, joined Aug 2003, 3338 posts, RR: 9 Reply 2, posted (8 years 9 months 4 weeks 1 day 22 hours ago) and read 4291 times:
Delta just lost almost $2 billion . Hard to top that.
WGW2707 From United States of America, joined Aug 2003, 1197 posts, RR: 39 Reply 4, posted (8 years 9 months 4 weeks 1 day 22 hours ago) and read 4200 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.
Haveric From United States of America, joined Jan 2001, 1247 posts, RR: 5 Reply 5, posted (8 years 9 months 4 weeks 1 day 22 hours ago) and read 4196 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).
Dutchjet From Netherlands, joined Oct 2000, 7864 posts, RR: 58 Reply 6, posted (8 years 9 months 4 weeks 1 day 21 hours ago) and read 4139 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.
A330323X From United States of America, joined Oct 2003, 3039 posts, RR: 48 Reply 7, posted (8 years 9 months 4 weeks 1 day 18 hours ago) and read 4040 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).
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.
MIASkies From United States of America, joined Jun 2004, 1335 posts, RR: 1 Reply 10, posted (8 years 9 months 4 weeks 1 day 5 hours ago) and read 3736 times:
Definetly DL, probably followed by US and UA.
I believe CO and AA are posting some profit.
Md11dude From Canada, joined May 2004, 128 posts, RR: 0 Reply 11, posted (8 years 9 months 4 weeks 1 day 5 hours ago) and read 3704 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!
Na From Germany, joined Dec 1999, 9601 posts, RR: 10 Reply 12, posted (8 years 9 months 4 weeks 1 day 4 hours ago) and read 3670 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?
UA744Flagship From , joined Dec 1969, posts, RR: Reply 13, posted (8 years 9 months 4 weeks 1 day 4 hours ago) and read 3643 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.
UAL777 From United States of America, joined Aug 2003, 1478 posts, RR: 5 Reply 15, posted (8 years 9 months 4 weeks 1 day 2 hours ago) and read 3296 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.
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