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US Airways - Highest Industry Margins In US  
User currently offlineArtieFufkin From United States, joined May 2006, 704 posts, RR: 0
Posted (3 years 4 months 2 days 15 hours ago) and read 899 times:

I was just browsing LCC's expected earnings this Quarter. $283 Mil, a 9+% profit margin. Slightly higher than Southwest "with" their 135 Million in hedging gains. CAL and AAI for comparison are expected to post 4% margins.

That's really a remarkable turn around, to go from a bottom dweller in the industry, to by far and away the most profitable carrier in the near term.

4 replies: All unread, jump to last
 
User currently offlineWmupilot From United States, joined Jan 2003, 1473 posts, RR: 15
Reply 1, posted (3 years 4 months 2 days 15 hours ago) and read 899 times:

Props to the guys and gals at US. Hopefully then can keep up the good work and keep the great name it the air.


JetBlue - Bringing humanity back to air travel
User currently offlineF4N From United States, joined Mar 2000, 522 posts, RR: 1
Reply 2, posted (3 years 4 months 2 days 9 hours ago) and read 771 times:

Quoting ArtieFufkin (Thread starter):
I was just browsing LCC's expected earnings this Quarter. $283 Mil, a 9+% profit margin. Slightly higher than Southwest "with" their 135 Million in hedging gains. CAL and AAI for comparison are expected to post 4% margins

Just think what WN could have as a profit margin if they eliminated pension plans, benefits & jobs. Not to mention depress wages to levels of 20 years ago.

Yes, quite a turnaround at US.

F4N

User currently offlineFlyboyaz From , joined Dec 1969, posts, RR:
Reply 3, posted (3 years 4 months 2 days 6 hours ago) and read 652 times:

Yes we are all very excited about it. This is the first time I've actually seen numbers for our Q2 results...they told us it would be significant, however.

I'm actually happier for the east employees because they have really been through a lot more than we have out west. Yes they did take pay cuts and lost benefits, but they still have jobs. That's something we should all be thankful for.

User currently offlineArtieFufkin From United States, joined May 2006, 704 posts, RR: 0
Reply 4, posted (3 years 4 months 2 days 4 hours ago) and read 541 times:

Quoting F4N (Reply 2):
Just think what WN could have as a profit margin if they eliminated pension plans

I did not know WN had pension plans.
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