Let's call this "fun with numbers".....financial performance in bankruptcy thru Oct 31 vs 3rd quarter.
Some remarks first...
I've included revenue data just for the fun of it. Obviously there will be seasonal differences since the BK period doesn't include any summer travel periods and the 3rd quarter does. I've not included % change numbers for revenue because of this.
Since we're talking about 1-1/2 months operation vs a quarter's operation, I'm presenting the amounts per day.
The company's numbers are rounded - the BK period to even thousands and the 3rd quarter to even millions. That means my numbers aren't precise since I just divided the company's numbers by the appropriate number of days.
Last (I think), the first number for each catagory is for the BK period (9/12 - 10/31), the second number is for the 3rd quarter, and the third number is the percentage change from the 3rd quarter.
And now the numbers:
Operating Revenues BK Q3 %Chg:
Pax transportation $16,580,551 $17,402,173
Cargo & freight $338,734 $336,956
Other revenue $1,843,326 $1,815,217
Operating Expenses BK Q3 %Chg:
Personnel cost $6,980,938 $7,097,826 (4.7)
Aviation fuel $3,384,714 $3,065,217 10.4
Capacity purch $2,396,877 $2,217,391 8.1
Aircraft rent $1,284,408 $1,239,130 3.7
Other rent/lndg fees $1,148,510 $1,152,173 (0.3)
Selling exp. $1,111,000 $1,108,695 0.2
Acft maint. $733,183 $1,010,869 (27.5)
Deprec/Amort $759,632 $652,173 (16.5)
Other $3,902,183 $3,934,782 (0.8)
Other Income (Expense) BK Q3 %Chg:
Interest Income $57,163 $54,347 5.2
Interest expense ($782,918) ($586,956) 33.4
Reorg. Items ($246,183) ($130,434) 88.7
Other ($95,040) ($10,869) 774.1
Jim