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AirTran Report 02Q10 Profit  
User currently offlineLAXintl From United States of America, joined May 2000, 25198 posts, RR: 48
Posted (4 years 1 month 1 week 6 days 13 hours ago) and read 3919 times:

Another quarter, another profit for AirTran.

Quote:
AirTran Holdings, Inc., Reports Second Quarter Profit on All-Time Record Quarterly Revenue

ORLANDO, Fla., July 21 /PRNewswire-FirstCall/ -- AirTran Holdings, Inc., (NYSE:AAI - News), the parent company of AirTran Airways, Inc., today reported a net profit of $12.4 million or $0.09 per diluted share for the second quarter of 2010. Excluding $26.4 million in unrealized losses, net of taxes, related to the reduction in value of future fuel hedges, the Company's net income for the quarter would have been $38.8 million dollars or $0.23 per diluted share.

Operating income in the second quarter of 2010 was $68.2 million.

The Company also set quarterly records for revenue passenger miles flown, load factor and enplaned passengers. For the first time in AirTran Airways' history, load factor topped 83 percent in the second quarter.

Full story;
http://finance.yahoo.com/news/AirTra...ts-prnews-1513361058.html?x=0&.v=1


From the desert to the sea, to all of Southern California
30 replies: All unread, showing first 25:
 
User currently offlineAWACSooner From United States of America, joined Jan 2008, 1902 posts, RR: 1
Reply 1, posted (4 years 1 month 1 week 6 days 13 hours ago) and read 3921 times:

Not too shabby...definitely better than AA.

User currently offlineFlyPNS1 From United States of America, joined Nov 1999, 6606 posts, RR: 24
Reply 2, posted (4 years 1 month 1 week 6 days 12 hours ago) and read 3840 times:

Operating income was good, but net income was not so great. It looks like someone screwed up a bit on the hedging as FL took a real hit there. Still when you consider the competitive pressures FL faces at MKE, ATL and BWI, the numbers are pretty good.

Interesting to see them defer 737's. It wasn't clear from the press release how many aircraft they will now accept in 2011. Just 2 717's or still some 737's as well?


User currently offlineFL787 From United States of America, joined Aug 2007, 1540 posts, RR: 12
Reply 3, posted (4 years 1 month 1 week 6 days 12 hours ago) and read 3740 times:

Quoting FlyPNS1 (Reply 2):
Just 2 717's or still some 737's as well?

They are still taking four 73Gs in 2011 in addition to the 2 717s.



717,72S,732/3/4/5/G/8/9,744,752/3,763/4,772/3,D9S/5,M8/90,D10,319/20/21,332/3,388,CR2/7/9,EM2,ER4,E70/75/90,SF3,AR8
User currently offlinen7371f From United States of America, joined Jul 2008, 1723 posts, RR: 12
Reply 4, posted (4 years 1 month 1 week 6 days 11 hours ago) and read 3668 times:
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Quoting FlyPNS1 (Reply 2):
Interesting to see them defer 737's. It wasn't clear from the press release how many aircraft they will now accept in 2011. Just 2 717's or still some 737's as well?

AirTran has done nothing but defer 737's for four years or so now. A smart moved based on the economy. Also fortunate for them that the 737NG is a such a hot seller for Boeing that it's easy for Boeing to give up FL's slots and continue to allow them to defer. If the plane wasn't selling and someone like AA didn't want as many 737's as they can get, not sure FL would keep having so much luck getting Boeing to defer...


User currently offlinePlanesNTrains From United States of America, joined Feb 2005, 5504 posts, RR: 29
Reply 5, posted (4 years 1 month 1 week 6 days 11 hours ago) and read 3653 times:

I visited their website to look at the new services on the route map. Interestingly, if you click on ATL, it shows nonstops from Punta Cana to at least 20 ciites. I guess their programmer got a little excited.

-Dave



Next Trip: SEA-ABQ-SEA on Alaska
User currently offlineFWAERJ From United States of America, joined Jun 2006, 3741 posts, RR: 2
Reply 6, posted (4 years 1 month 1 week 6 days 10 hours ago) and read 3545 times:

Quoting FL787 (Reply 3):

They are still taking four 73Gs in 2011 in addition to the 2 717s.

Where are the two 717s coming from?



Primary Airport: FWA/Alternate Airport: DTW/Not employed by the FWACAA or their partners
User currently offlineFlyPNS1 From United States of America, joined Nov 1999, 6606 posts, RR: 24
Reply 7, posted (4 years 1 month 1 week 6 days 9 hours ago) and read 3480 times:

Quoting FWAERJ (Reply 6):
Where are the two 717s coming from?

I believe Bangkok Air.


User currently offlinecitrus1 From United States of America, joined Jul 2007, 89 posts, RR: 0
Reply 8, posted (4 years 1 month 1 week 6 days 9 hours ago) and read 3445 times:

Quoting FWAERJ (Reply 6):
Where are the two 717s coming from?

Bangkok Airways has begun returning its Boeing 717s to lessors as it introduces Airbus
A319s.


User currently offlineUnited_fan From United States of America, joined Nov 2000, 7485 posts, RR: 7
Reply 9, posted (4 years 1 month 1 week 6 days 8 hours ago) and read 3397 times:

Good for FL. They are the largest mainline airline in ROC. I would like them to resume the ROC-LAS flight,though  


'Empathy was yesterday...Today, you're wasting my Mother-F'ing time' - Heat.
User currently offlinesteeler83 From United States of America, joined Feb 2006, 9197 posts, RR: 20
Reply 10, posted (4 years 1 month 1 week 6 days 6 hours ago) and read 3261 times:

Considering the turbulence in the airline industry and the economy, they should still chalk that up as a big gain. A gain of $12 million overall is still way better than a loss.

I wonder where they'll put those 717s. Anyone think they'll go to MKE? I hear the 3 or 4 FL-express flights on MKE-PIT-MKE are going out full; they're giving YX/F9 a run for their money there. Could they bump one of those flights back up to a 717? Any other routes out of MKE capable of upgrade or expansion?



Do not bring stranger girt into your room. The stranger girt is dangerous, it will hurt your life.
User currently offlineFL787 From United States of America, joined Aug 2007, 1540 posts, RR: 12
Reply 11, posted (4 years 1 month 1 week 6 days 5 hours ago) and read 3155 times:

Quoting steeler83 (Reply 10):
I wonder where they'll put those 717s.

I could make some guesses if you want. The return of BWI-BTV, ATL-AUS, MKE-IAH, more Florida P2P...

Quoting steeler83 (Reply 10):
Could they bump one of those flights back up to a 717?

Doubtful. Besides the fact that those are actually OO flights, the 717 is more than twice the capacity of a CRJ, which I don't think could be supported (and wasn't supported when FL tried MKE-PIT on mainline).

Quoting FlyPNS1 (Reply 7):
Quoting FWAERJ (Reply 6):
Where are the two 717s coming from?

I believe Bangkok Air.

  

Quoting PlanesNTrains (Reply 5):
I visited their website to look at the new services on the route map. Interestingly, if you click on ATL, it shows nonstops from Punta Cana to at least 20 ciites. I guess their programmer got a little excited.

IMO the route map is kind of worthless. For example, they are missing MKE-PHX.



717,72S,732/3/4/5/G/8/9,744,752/3,763/4,772/3,D9S/5,M8/90,D10,319/20/21,332/3,388,CR2/7/9,EM2,ER4,E70/75/90,SF3,AR8
User currently offlineJacobin777 From United States of America, joined Sep 2004, 14968 posts, RR: 60
Reply 12, posted (4 years 1 month 1 week 6 days 4 hours ago) and read 3088 times:

Quoting AWACSooner (Reply 1):
Not too shabby...definitely better than AA.

Rather irrelevant....



"Up the Irons!"
User currently offlineAtlwest1 From United States of America, joined Jan 2009, 1046 posts, RR: 1
Reply 13, posted (4 years 1 month 1 week 5 days 17 hours ago) and read 2903 times:

So the question becomes with 6-7 planes next year where could they realitically add and how many more routes and frequency could be squeezed from them? Also does anyone think that even though the plan is for 6-7 next year and 6 in 2012, that even though they have put off some deliveries that they could if they feel compelling reasons pick those back up. They make mention of possibly gaining some from the UA/CO merger.


ALL views, opinions expressed are mine ONLY and are NOT representative of those shared by Southwest Airlines Co. or Airt
User currently offlineIndy From United States of America, joined Jan 2005, 4553 posts, RR: 18
Reply 14, posted (4 years 1 month 1 week 5 days 16 hours ago) and read 2845 times:

I know the issue comes up when an airline is running a route or serving a city whether it is successful or not. Someone will respond that the airline is making a profit. And yes profit is king but you also have to look at how much of a profit you are making. If you make a $1 profit it is still a profit. But are you making the most of your resources? $0.09 per share is still a profit but is FL using their resources to their fullest potential? Compare their results to DL who earned $0.55 per share. What can FL do to boost their earnings? Are they fighting too many wars (vs DL in ATL, WN in BWI and F9 in MKE) to earn much more per share than what they reported in Q2?


Indy = Indianapolis and not Independence Air
User currently offlineFlyPNS1 From United States of America, joined Nov 1999, 6606 posts, RR: 24
Reply 15, posted (4 years 1 month 1 week 5 days 16 hours ago) and read 2815 times:

Quoting Indy (Reply 14):
Are they fighting too many wars (vs DL in ATL, WN in BWI and F9 in MKE) to earn much more per share than what they reported in Q2?

I think that is a key problem (though some of the EPS hit FL took was just bad hedges). FL's got low costs, but revenues are still a bit weak because of the many wars they are fighting. Now in some cases, the short term blood bath in places like MKE and BWI may payoff if they can build up new hubs. Of course, whether they can sustain real hubs in BWI/MKE over the long-term remains to be seen, but it takes time and money to do so.

Quoting Atlwest1 (Reply 13):
Also does anyone think that even though the plan is for 6-7 next year and 6 in 2012, that even though they have put off some deliveries that they could if they feel compelling reasons pick those back up.

I doubt it. I don't think FL wants to take on any more capital expenditures. Adding 6 planes a year is a reasonable growth rate given the current and future environment.


User currently offlineisitsafenow From United States of America, joined Feb 2004, 4984 posts, RR: 23
Reply 16, posted (4 years 1 month 1 week 5 days 16 hours ago) and read 2806 times:

Quoting Jacobin777 (Reply 12):
Quoting AWACSooner (Reply 1):
Not too shabby...definitely better than AA.

Rather irrelevant....

Agreed. Between David and Goliath, David should turn a dollar first. Goliath has way too many more bills to pay.
safe



If two people agree on EVERYTHING, then one isn't necessary.
User currently offlinecitrus1 From United States of America, joined Jul 2007, 89 posts, RR: 0
Reply 17, posted (4 years 1 month 1 week 5 days 15 hours ago) and read 2759 times:

Quoting n7371f (Reply 4):
not sure FL would keep having so much luck getting Boeing to defer...

Why do think Fl is taking the 2 717, Boeing said we'll defer but you need to take these two 717 we have in storage.


User currently offlinesteeler83 From United States of America, joined Feb 2006, 9197 posts, RR: 20
Reply 18, posted (4 years 1 month 1 week 5 days 11 hours ago) and read 2650 times:

Quoting FL787 (Reply 11):
The return of BWI-BTV, ATL-AUS, MKE-IAH, more Florida P2P...

I guess that would make sense. Do they use the 717s on international routes? Perhaps they could add additional Caribbean routes/flights out of ATL...

Quoting FL787 (Reply 11):
Doubtful. Besides the fact that those are actually OO flights, the 717 is more than twice the capacity of a CRJ, which I don't think could be supported (and wasn't supported when FL tried MKE-PIT on mainline).

It was just one 717 before, wasn't it? Now there are 3-4 CR2s on that route that are 90-100% full. I was just curious. I guess the larger jets are more useful on other routes ouf of MKE.

I guess the big difference is that the multiple CR2s are timed right for connecting opportunities, while the 717 flight was porrly timed for people making a connection. I think I heard something about that before...



Do not bring stranger girt into your room. The stranger girt is dangerous, it will hurt your life.
User currently offlinedxer1974 From United States of America, joined Jul 2010, 33 posts, RR: 0
Reply 19, posted (4 years 1 month 1 week 5 days 7 hours ago) and read 2542 times:

Anyone know where those two B717's are in storage at? BKK or stateside like VCV or MZJ?


"That's the thing about the 707, it can do everything but read it" Joe Patroni
User currently onlineMasseyBrown From United States of America, joined Dec 2002, 5423 posts, RR: 7
Reply 20, posted (4 years 1 month 1 week 5 days 2 hours ago) and read 2418 times:

In the conference call, the CEO said sees opportunity for AirTran in CLE if CO/UA dehub.


I love long German words like 'Freundschaftsbezeigungen'.
User currently offlineAtlwest1 From United States of America, joined Jan 2009, 1046 posts, RR: 1
Reply 21, posted (4 years 1 month 1 week 4 days 17 hours ago) and read 2319 times:

[quote=MasseyBrown,reply=21]In the conference call, the CEO said sees opportunity for AirTran in CLE if CO/UA dehub.

/quote]

Not so much for hubbing more for lucrative routes id suspect.Also he said Ohio i n general is presenting a lot of oppurtunities. So that could include CVG as well. Truthfully though id love to see them expand presense in SAT and open up ops in OAK TUL LIT, Tulk for personal reasons  



ALL views, opinions expressed are mine ONLY and are NOT representative of those shared by Southwest Airlines Co. or Airt
User currently offlinen7371f From United States of America, joined Jul 2008, 1723 posts, RR: 12
Reply 22, posted (4 years 1 month 1 week 4 days 15 hours ago) and read 2268 times:
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Quoting dxer1974 (Reply 20):
Anyone know where those two B717's are in storage at? BKK or stateside like VCV or MZJ?

I'm certain these are the (2) 717-200's headed for AirTran next year:

B.717-231 (DC-9) 55074 5030 RR BR715 07-00 N599BC Boeing A/c Co Stored at VCV
B.717-231 (DC-9) 55081 5045 RR BR715 19-12-00 N766BC Boeing A/c Co Stored at VCV

These are ex-Bangkok Air and as you'll notice from the -231 designator ex-TWA. These aircraft will need little work (cockpit, galley, etc...) to mesh into the FL fleet as there are already a few dozen -231's flying for FL.

My understanding of the deal is to get Boeing to defer, again, 73G deliveries, AirTran basically had to lease the (2) 717's. There was also some talk down in Orlando that FL was looking at an additional 717 or two...that had been going on for several months.


User currently offlinedxer1974 From United States of America, joined Jul 2010, 33 posts, RR: 0
Reply 23, posted (4 years 1 month 1 week 4 days 12 hours ago) and read 2182 times:

Quoting n7371f (Reply 23):
My understanding of the deal is to get Boeing to defer, again, 73G deliveries, AirTran basically had to lease the (2) 717's. There was also some talk down in Orlando that FL was looking at an additional 717 or two...that had been going on for several months.

Sounds like a win-win for FL and Boeing. Thanks for the info.



"That's the thing about the 707, it can do everything but read it" Joe Patroni
User currently offlinenoise From United States of America, joined Dec 1999, 1774 posts, RR: 4
Reply 24, posted (4 years 1 month 1 week 4 days 10 hours ago) and read 2136 times:

Quoting Atlwest1 (Reply 22):
Not so much for hubbing more for lucrative routes id suspect.Also he said Ohio i n general is presenting a lot of oppurtunities.

CVG, CLE and CMH are all or soon to be former hubs. Despite being a relatively depressed state economy wise, Ohio has a rather large population and right in the center of the American heartland. Could be potential for AirTran as well as others!


25 USAirways787 : We plan on taking at least 10 in 2011, depending on the circumstances. US
26 FL787 : That's not true. FL is taking 2 717s and 4 73Gs.
27 Atlwest1 : You are correct. The new planes will also come in with the new leather seats being installed and the new 737's will have the life rafts installed in
28 dbo861 : I could see them easily bumping DSM-MCO up to daily if they'd allow connections on the MCO end of that flight. I wonder why they don't allow connecti
29 USAirways787 : Then you and I have heard very different. I maybe thinking 2012. If so my bad.
30 Jetmatt777 : Would love to see them try OKC.
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