dc10s4ever
Posts: 700
Joined: Fri Dec 09, 2005 3:46 am

WN Posts Profit/CO A Loss

Thu Apr 20, 2006 11:07 pm

 
steeler83
Posts: 7391
Joined: Sat Feb 25, 2006 2:06 pm

RE: WN Posts Profit/CO A Loss

Thu Apr 20, 2006 11:19 pm

Oh boy... I suppose that $66 million isn't all that terribly bad. I suppose that it could have been worse without the cuts. jetBlueAUS sure won't be happy with this though... Is there any chance of CO starting hedges soon? I guess given that the cost of fuel isn't cheap anyway, what's the use in it now...
Do not bring stranger girt into your room. The stranger girt is dangerous, it will hurt your life.
 
FlyHoss
Posts: 534
Joined: Wed Feb 02, 2005 12:20 pm

RE: WN Posts Profit/CO A Loss

Thu Apr 20, 2006 11:54 pm

CO's report included an operating profit of $11 million; I'm still digesting the report...
I wouldn't expect to see CO hedging fuel, according to CO management, a hedge effectively adds as much as $5 per barrel. You might consider hedging as a form of insurance, and as we all know, insurance isn't always cheap.
A little bit louder now, a lil bit louder now...
 
akelley728
Posts: 1968
Joined: Tue Dec 07, 1999 12:35 pm

RE: WN Posts Profit/CO A Loss

Thu Apr 20, 2006 11:57 pm

CO Reports $66 Million Loss For 1Q (by Cory6188 Apr 20 2006 in Civil Aviation)
 
richierich
Posts: 3306
Joined: Sat Nov 04, 2000 5:49 am

RE: WN Posts Profit/CO A Loss

Fri Apr 21, 2006 1:58 am

Quoting Steeler83 (Reply 1):
I suppose that $66 million isn't all that terribly bad.

All things considered, I agree with you. A $66M loss isn't terrible and I wouldn't be surprised if WN is the only US carrier to make a profit in Q1, barring any one-time accounting credits. Not many airlines have models that can withstand $60+ per barrel for fuel. Of course, the prospects for Q2 look even worse than Q1....
None shall pass!!!!
 
boeingbus
Posts: 1510
Joined: Sat May 29, 2004 12:37 am

RE: WN Posts Profit/CO A Loss

Fri Apr 21, 2006 1:59 am

For the winter months, this is actually great news. Profits for sure in the next quarters.

Cheers,
Airbus or Boeing - it's all good to me!

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