LCC Earnings Announcement 7/21/10

[ebwgs]

http://biz.yahoo.com/cc/1/114781.html

IIRC last summer gaucho99 came the closest to predicting our Q2 results. I remember that it was some $50+ million. Anyone care to weigh in a guess--educated or not lol--on this year's results? I'm gonna get real optimistic (or crazy) and guess $310 million.

 

[mdsbear]

$210,000,000

 

[Art at ISP]

My guess is a net of $80M to $100M.

Good job US Front Line Employees regardless of the numbers...

I really miss you guys and gals....

 

[gaucho99]

Let's see if I can get a winning streak going....I'll guess $160 million. I was surprised DL and UA did as well as they did.

 

[hp-csr-phx]

250 million.

 

[FutureUScapt]

$235M

 

[The Janitor]

it will be about 180 million

 

[SparrowHawk]

I've never been very good at predictions. But I think I'll weigh in this time. Partly because ONE thing that US has always been very good at was watching the dollars often at the expense of Customers & Employees, however when it comes to bean counters US may be among the best. So here goes:

$195,000,000 USD

BTW, what do I win if I'm closest?

 

[USFlyer]

$279 million.

OK, I just read the press release. Good numbers folks! Also, 300 pilot and F/A recalls.

http://finance.yahoo.com/news/US-Airways-Reports-Second-bw-2476420122.html?x=0&.v=1

 

[GorgeousGeorge]

http://finance.yahoo.com/news/US-Airways-Reports-Second-bw-2476420122.html?x=0&.v=1


US Airways Reports Second Quarter Profit

Second Highest Quarterly Profit Since 2005 Merger

Highlights of US Airways Group, Inc.’s (the Company) second quarter results:

* The Company reported a net profit for the second quarter 2010 of $279 million, or $1.41 per diluted share. This is the second highest quarterly profit since the merger of US Airways and America West in 2005.
* Excluding special items, the Company reported a net profit of $265 million, or $1.34 per diluted share, for the second quarter 2010.

 

[VAflyGal]

http://finance.yahoo.com/news/US-Airways-Reports-Second-bw-2476420122.html?x=0&.v=1


US Airways Reports Second Quarter Profit

Second Highest Quarterly Profit Since 2005 Merger

Highlights of US Airways Group, Inc.’s (the Company) second quarter results:

* The Company reported a net profit for the second quarter 2010 of $279 million, or $1.41 per diluted share. This is the second highest quarterly profit since the merger of US Airways and America West in 2005.
* Excluding special items, the Company reported a net profit of $265 million, or $1.34 per diluted share, for the second quarter 2010.

It's TOTALLY because we went cashless. 😉

 

[Harry Callahan]

I've never been very good at predictions. But I think I'll weigh in this time. Partly because ONE thing that US has always been very good at was watching the dollars often at the expense of Customers & Employees, however when it comes to bean counters US may be among the best. So here goes:

$195,000,000 USD

BTW, what do I win if I'm closest?

You sir are 100% correct. They prove EVERY DAY that they do NOT care about employees. They work us short EVERY day & refuse to correct it. In my work area it is taking a VERY SERIOUS toll on the health of employees.

 

[VAflyGal]

May I suggest you start filling out SER forms if the shortage of staff is creating a safety problem... It's my understanding SER's go to all depts involved and are monitored by the FAA -

Maybe the profit report will help in negotiations....

 

[SparrowHawk]

Here is for me the best news:

Liquidity

The Company’s unrestricted cash and investments balance increased by $451 million to $2.1 billion versus March 31, 2010. As of June 30, 2010, the Company had approximately $2.5 billion in total cash and investments, of which $442 million was restricted. This is the Company’s highest quarter-ending total and unrestricted cash balance since the second quarter 2008.

In any business is GOD! This is especially true in the sirline game

 

[700UW]

Dougie is on CNBC and US is the 6th largest airline but ranked 3rd in Baggage fees collected.