pensacolaguy
Posts: 484
Joined: Sun Sep 26, 2004 9:41 pm

AirTran Reports 1Q 4.6 Million Net Loss

Fri Apr 28, 2006 1:05 am

AirTran Holdings Inc., parent of AirTran Airways Inc., reported a net loss of $4.6 million, or 5 cents per share, for the first quarter of 2006.

AirTran officially attributed the loss in part to the shift of the Easter holiday from March to April, as well as increased fuel costs. Air Tran's unit operating costs increased 9.3 percent due largely to the 63 percent increase in the cost of fuel year-over-year.

More info:
http://airtran.mediaroom.com/index.php?s=press_releases&item=1144

Looks like AirTran should of "fuel hedged"..

Edited for spelling.

[Edited 2006-04-27 18:10:56]
 
srbmod
Posts: 15446
Joined: Tue Mar 20, 2001 1:32 pm

RE: AirTran Reports 1Q 4.6 Million Net Loss

Fri Apr 28, 2006 3:01 am

Not bad, considering the early Wall Street projections was for a 7 cent/share loss.

Quoting Pensacolaguy (Thread starter):
Looks like AirTran should of "fuel hedged"..

They do have fuel hedge agreements in place. Nothing along the lines of what WN has, but still more than DL does.
 
rumorboy
Posts: 295
Joined: Sun Aug 25, 2002 1:06 am

RE: AirTran Reports 1Q 4.6 Million Net Loss

Fri Apr 28, 2006 3:22 am

They do have fuel hedges but nothing like SWA does. About 24% hedged next quarter. I think 15-20% hedged for the rest of the year. To grow capacity as much as they have and get a 38% revenue increase, grow cash and yields is not bad at all. Looks like fuel nipped them in the butt. 75 dollar oil is just not gonna do it. None fuel casm at 6.51 cents is very good(especially when there average stage length is less than 700 miles).

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos