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mbm3
Posts: 698
Joined: Fri Jul 29, 2005 10:54 am

CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 8:58 am

http://biz.yahoo.com/ap/051017/earns_preview_continental.html?.v=1

"The company said it expects to report "a modest profit" in the third quarter, supported by a "relatively strong performance" in July and August. On average, analysts polled by Thomson Financial expect the company to earn 17 cents per share on sales of $2.99 billion. Among the range of estimates, the high end targets earnings at 29 cents per share, while the low end predicts a per-share loss of 5 cents."

Great news for CO considering all of the events that happened duing Q3.
Let Me Tell You, Landing A 772ER Is Harder Than It Looks!
 
thomasphoto60
Posts: 3713
Joined: Thu Jan 27, 2000 1:04 pm

RE: CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 9:02 am

Modest or not, any profit in these rough times for the industry is a positive, especially for a 'legacy carrier'.

Nice goin CO!

Thomas
"Show me the Braniffs"
 
CB777
Posts: 1135
Joined: Wed Sep 08, 1999 8:13 am

RE: CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 9:14 am

Cool,

maybe they will give us employees our money back from our paycut


CB777
 
Tornado82
Posts: 4662
Joined: Thu May 26, 2005 10:19 am

RE: CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 9:22 am

Quoting Mbm3 (Thread starter):
"The company said it expects to report "a modest profit" in the third quarter, supported by a "relatively strong performance" in July and August.

That's because in July/August I flew a total of 19 segments on them, in September only 3.  Wink All you shareholders, you're welcome

(in jest, of course)

Way to go CO!!! I knew I picked a good one when I switched as much of my flying as possible over to you guys!!! Best service in the skies too, no doubt.
 
BigGSFO
Posts: 2214
Joined: Sun Jun 12, 2005 5:27 am

RE: CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 9:23 am

Great news for CO!  Smile
 
goCOgo
Posts: 680
Joined: Mon Jan 17, 2005 11:24 am

RE: CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 9:42 am

Quoting CB777 (Reply 2):
maybe they will give us employees our money back from our paycut

No doubt the paycut is the only reason they will turn a profit in Q3. If they start making good cash in poorer performing Q4 and 2006 Q1, then start complaining by all means. But not yet.

Anyway, great for CO.
"Why you fly is your business, how you fly is ours"
 
Tornado82
Posts: 4662
Joined: Thu May 26, 2005 10:19 am

RE: CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 9:51 am

Quoting GoCOgo (Reply 5):
If they start making good cash in poorer performing Q4 and 2006 Q1, then start complaining by all means. But not yet.

Yeah, take your pay raises back, and CO will be working in a sea of red ink. I don't think CO even wants to see the red tails they codeshare with at this point, let alone red ink. Patience!  Smile Keep the customer service at the level its currently at, and there's no doubt that CO's financial position will continue to improve.
 
ikramerica
Posts: 13762
Joined: Mon May 23, 2005 9:33 am

RE: CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 10:03 am

Quoting CB777 (Reply 2):
maybe they will give us employees our money back from our paycut

Unless you realize that it wasn't "your money" in the first place but that you were taking too much of "their money" for the airline to survive, CO's long term prospects will be bad. If all the employees think that they "loaned" CO money, they are sorely mistaken.

While i understand nobody likes earning less than they did before, airline employees must understand one simple fact: the industry has changed and you will NEVER get the pay you once did during the fat years. if you can not deal with this reality, find another profession while you are still young.
Of all the things to worry about... the Wookie has no pants.
 
COFreqFlyer
Posts: 358
Joined: Thu Sep 02, 2004 11:44 am

RE: CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 1:52 pm

Quoting Tornado82 (Reply 3):
That's because in July/August I flew a total of 19 segments on them, in September only 3. All you shareholders, you're welcome

That's it? In July/August, I did 29 segments. September, well, none.  Wink
The Proud Bird with the Golden Tail
 
Tornado82
Posts: 4662
Joined: Thu May 26, 2005 10:19 am

RE: CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 1:55 pm

Quoting COFreqFlyer (Reply 8):
That's it? In July/August, I did 29 segments. September, well, none. Wink

Haha. Those were all (but 4) out of my own pocket in July/Aug. I'm not paid enough to do more than that, and it's hard when all your travel is primarily on weekends. Sad
 
CO737800
Posts: 514
Joined: Tue Dec 30, 2003 6:53 am

RE: CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 2:13 pm

Way to go CO. I just flew them from Vancouver to MOnterrey and once again a great flight with a great crew and great service. Since I moved over to CO from AA I have had nothing but great service. Hence the name CO737800. I cant wait to fly them again on Oct 23 back to YVR via Seattle, my first time on a CO739
 
ANCFlyer
Posts: 21391
Joined: Mon Nov 15, 2004 3:51 pm

RE: CO Seen Turning Out Modest 3Q Profit

Tue Oct 18, 2005 2:25 pm

Quoting Thomasphoto60 (Reply 1):
Modest or not, any profit in these rough times for the industry is a positive, especially for a 'legacy carrier'.

Exactly!

Way to go CO . . . . still proving the best by test . . . .
FOR THOSE THAT FOUGHT FOR IT, FREEDOM HAS A FLAVOR THE PROTECTED WILL NEVER KNOW OR UNDERSTAND