Hoya From United States of America, joined Jun 2004, 410 posts, RR: 0
Reply 3, posted (9 years 1 week 4 days 12 hours ago) and read 2993 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.
Tu154 From United States of America, joined Dec 2004, 376 posts, RR: 4
Reply 6, posted (9 years 1 week 4 days 8 hours ago) and read 2695 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!!
FriendlySkies From United States of America, joined Aug 2004, 4107 posts, RR: 5
Reply 10, posted (9 years 1 week 4 days 7 hours ago) and read 2598 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.