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UA Makes $80mil Profit For August  
User currently offlineN328KF From United States of America, joined May 2004, 6491 posts, RR: 3
Posted (9 years 2 months 4 weeks 1 day 19 hours ago) and read 3282 times:

Just a quick headline flash over the Dow Jones newswire:

UAL Aug Oper Profit $80M



When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' T.Roosevelt
15 replies: All unread, jump to last
 
User currently offlineFriendlySkies From United States of America, joined Aug 2004, 4120 posts, RR: 5
Reply 1, posted (9 years 2 months 4 weeks 1 day 19 hours ago) and read 3262 times:

http://www.forbes.com/prnewswire/fee...211514PR_NEWS_B_MWT_CG_CGW050.html

Net loss of $30 mil, w/out reorganization expenses a net profit of $56 mil. Not too bad, as long as they're still improving it's a good sign.


User currently offlineZvezda From Lithuania, joined Aug 2004, 10511 posts, RR: 64
Reply 2, posted (9 years 2 months 4 weeks 1 day 19 hours ago) and read 3230 times:

Summer is the most profitable time for airlines. Such results in February and we'd have to say that UA has recovered. Even in August, it's encouraging.

User currently offlineHoya From United States of America, joined Jun 2004, 416 posts, RR: 0
Reply 3, posted (9 years 2 months 4 weeks 1 day 17 hours ago) and read 3063 times:

Seeing how they improved by over $90 million from last year, even though fuel expenses have skyrocketed, indicates that they are on track to emerge from bankruptcy, and that all that cost-cutting has actually achieved something.

http://chicagobusiness.com/cgi-bin/news.pl?id=17847



Hoya Saxa!!
User currently offlineMarshalN From Hong Kong, joined Sep 2005, 1521 posts, RR: 0
Reply 4, posted (9 years 2 months 4 weeks 1 day 17 hours ago) and read 3012 times:

Not to be gloom and doom about it.... but these sort of numbers are a drop in the bucket, and it really is only meaningful if they can sustain it.

Even then.... it's a tiny, tiny profit for a turnover this size


User currently offlineZvezda From Lithuania, joined Aug 2004, 10511 posts, RR: 64
Reply 5, posted (9 years 2 months 4 weeks 1 day 14 hours ago) and read 2854 times:

With the demise of DH, UA's IAD operation is about to become more profitable.

User currently offlineTu154 From United States of America, joined Dec 2004, 379 posts, RR: 4
Reply 6, posted (9 years 2 months 4 weeks 1 day 13 hours ago) and read 2765 times:

Quoting MarshalN (Reply 4):
Not to be gloom and doom about it.... but these sort of numbers are a drop in the bucket, and it really is only meaningful if they can sustain it.

Even then.... it's a tiny, tiny profit for a turnover this size

I think the focus here is UAL turned a profit, small or large, it's still a significant step in turning the company around. With all the UA bashing, why can't you just say..."hey good for them"..??

With fuel prices higher than last year, I think this is a significant improvement and shows the painful cuts are working. The employees of UAL should be proud of their sacrifices and hard work. I hope it continues in other quarters.



FIRST ON THE ATLANTIC.....FIRST ON THE PACIFIC.....FIRST IN LATIN AMERICA...FIRST 'ROUND THE WORLD.....PAN AM!!
User currently offlineTu154 From United States of America, joined Dec 2004, 379 posts, RR: 4
Reply 7, posted (9 years 2 months 4 weeks 1 day 13 hours ago) and read 2758 times:

Quoting MarshalN (Reply 4):
Not to be gloom and doom about it.... but these sort of numbers are a drop in the bucket, and it really is only meaningful if they can sustain it.

Even then.... it's a tiny, tiny profit for a turnover this size

I think the focus here is UAL turned a profit, small or large, it's still a significant step in turning the company around. With all the UA bashing, why can't you just say..."hey good for them"..??

With fuel prices higher than last year, I think this is a significant improvement and hope it continues into other quarters.



FIRST ON THE ATLANTIC.....FIRST ON THE PACIFIC.....FIRST IN LATIN AMERICA...FIRST 'ROUND THE WORLD.....PAN AM!!
User currently offline1MillionFlyer From , joined Dec 1969, posts, RR:
Reply 8, posted (9 years 2 months 4 weeks 1 day 13 hours ago) and read 2719 times:

Quoting Tu154 (Reply 6):
..."hey good for them"..??

I agree ...Good for them  Smile


User currently offlineJetdeltamsy From United States of America, joined Nov 2000, 2987 posts, RR: 7
Reply 9, posted (9 years 2 months 4 weeks 1 day 13 hours ago) and read 2688 times:

Net loss of $30 million. That averages out to $360 million over a year.

Doesn't sound so hot to me.



Tired of airline bankruptcies....EA/PA/TW and finally DL.
User currently offlineFriendlySkies From United States of America, joined Aug 2004, 4120 posts, RR: 5
Reply 10, posted (9 years 2 months 4 weeks 1 day 13 hours ago) and read 2668 times:

You forget, without the bankruptcy charges, which btw they won't HAVE for the next year, they would have made a $54 mil NET profit. Which averages to a $648 mil NET profit over a year. See, I can spin numbers too.  Wink

User currently offline1MillionFlyer From , joined Dec 1969, posts, RR:
Reply 11, posted (9 years 2 months 4 weeks 1 day 13 hours ago) and read 2660 times:

Quoting Jetdeltamsy (Reply 9):
Net loss of $30 million. That averages out to $360 million over a year.

Doesn't sound so hot to me.

so it's ok to trash UA but not DL?


User currently offlineFriendlySkies From United States of America, joined Aug 2004, 4120 posts, RR: 5
Reply 12, posted (9 years 2 months 4 weeks 1 day 12 hours ago) and read 2625 times:

Quoting 1MillionFlyer (Reply 11):
so it's ok to trash UA but not DL?

Of course! At least until UA exits...then it's open season on DL and NW!


User currently offlineSshank From United States of America, joined Jul 2004, 309 posts, RR: 0
Reply 13, posted (9 years 2 months 4 weeks 1 day 1 hour ago) and read 2394 times:

Net loss of $30 million. That averages out to $360 million over a year.

Doesn't sound so hot to me.


Dear JetDelta, Your employer will be deliriously happy if they could limit their losses to $360M a year. Might want to think about that.

Cheers!


User currently offlineUAL777 From United States of America, joined Aug 2003, 1564 posts, RR: 5
Reply 14, posted (9 years 2 months 4 weeks ago) and read 2193 times:

Quoting Jetdeltamsy (Reply 9):
Net loss of $30 million. That averages out to $360 million over a year.

Doesn't sound so hot to me.

Neither does 1.1 billion for a southern carrier we all know and love......



It is always darkest before the sun comes up.
User currently offlineJetdeltamsy From United States of America, joined Nov 2000, 2987 posts, RR: 7
Reply 15, posted (9 years 2 months 4 weeks ago) and read 2166 times:

Quoting UAL777 (Reply 14):
Neither does 1.1 billion for a southern carrier we all know and love......

The topic is United Airlines, not "a southern carrier".

Go back to your room and do your homework.



Tired of airline bankruptcies....EA/PA/TW and finally DL.
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