34million Profit
- Thread starter us0004us
- Start date
http://biz.yahoo.com/rb/040727/airlines_us...ys_earns_1.html
Good news - perhaps there is light at the end of the tunnel!!!!
Good news - perhaps there is light at the end of the tunnel!!!!
OK, I've seen the light and am willing to put behind the airbus work being illegally taken away and I'm ready to give up more wages and benefits to satisfy certain posters on this site.us0004us said:
a profit! well this is good news, so many had been calling for a MASSIVE loss, and it just didnt come to bear. Also intresting is that this qtrs NET was 21 Million higher than without any governement aid. (one time reimbursements)
you the employees made this happen. While it is only one qtr of profit, kudos to you all.
you the employees made this happen. While it is only one qtr of profit, kudos to you all.
delldude
Veteran
delldude
Veteran
A small profit is shown in the strongest qtr. and you folks act like you're out of the woods. The service standards of UAIR have dropped to depressing levels. Dirty planes, poor in-flight selections (I didn't say FAs) and scheduling that is most often inconvenient for the business traveler.
This is no joking matter, I've told you over and over and over that its prepackaged and the PAIN will be immense if you don't participate.delldude said:
Yes, it is good news regarding the second quarter results but I don't think we should be fooled into thinking all is rosey. The 3rd and 4th quarters will surely show losses and the company will lose money for the entire year. Therefore, the cost cutting measures are still VERY much needed and urgent!
...and if they could sell 4 a/c in each quarter, that won't hurt numbers either. Without pawning the planes, it would still be a loss.
Unfortunately, I think some of you thinking the worst is over missed this part:
At the risk of over-simplifying, a $34M profit minus a one-time $214M reimbursement equals a $180M loss without the government reimbursement. In the strongest quarter.
At the risk of over-simplifying, a $34M profit minus a one-time $214M reimbursement equals a $180M loss without the government reimbursement. In the strongest quarter.
delldude
Veteran
i feel your pain brother.....pain cleanses the soul.....to much time to quit said:This is no joking matter, I've told you over and over and over that its prepackaged and the PAIN will be immense if you don't participate.
Actually, if I understand the 2003 reimbursement from the government, if we didn't get it, 2Q 2003 would have been alot worse and the swing to profitability would have looked alot better compared to last year (greater than $21M) right?
Yes, that's my understanding. But our 'usual suspects' have yet to do their review of this quarter's 'unusual items.'SalesGuyCCY said:
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