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The $220 million ex-special items is pretty much in line with estimates.
Jim
Compared to what other legacies are reporting as 4Q losses, $541 million seems like chump change. While any loss isn't good, I'm happy to see we're performing better than DL or UA, both with over $1 billion 4Q losses.
And that will continue to happen...deterioration of the yields...since US has more or less kicked high yield and VFFers to the curb...and just taken the product to such lows, no one would actually "pay" top dollar for it...In no sense of the word is US performing "better" than DL or UA.
For at least the eight consecutive quarter, US again trails the industry in unit revenue improvement. Yields actually fell in the fourth quarter and rose only 1.7% for the year. PRASM was up 1.6% for the quarter and 2.9% for the whole year. Every other legacy airline (plus WN and B6) outperformed US on those metrics.
And that will continue to happen...deterioration of the yields...since US has more or less kicked high yield and VFFers to the curb...and just taken the product to such lows, no one would actually "pay" top dollar for it...
I still love the idea of having to pony up $1,000 for a transcon, sit in the back and pay for your coffee and/or water.
For the love of God...how someone in Tempe doesn't see that disconnect will be like writing Chinese...soemthing I'll never be able to understand...
If these idiots in Tempe would just wake up & see how much high dollar business they are driving away with this stupid crap instead of the $2.00 per drink they make & that's if they even sell one.
Compared to what other legacies are reporting as 4Q losses, $541 million seems like chump change. While any loss isn't good, I'm happy to see we're performing better than DL or UA, both with over $1 billion 4Q losses.
Our RASM underperformed the industry, mainly due to our lack of international flying.
Our RASM underperformed the industry, mainly due to our lack of international flying. This is projected to reverse in 2009 due to projections that domestic will outperform international this year as an industry wide standard.