Operating Profit?

[FLYAWAY]

Has anyone read or has USAirways released the OPERATING profit/loss for the 3rd quarter? It would appear that this has been suspiciously withheld.

 

[PITbull]

It had been reported some time ago. Third quarter losses were $90Million.

 

[FLYAWAY]

I didn't ask for net. I said OPERATING. Big difference. Does anyone know the operating profit/loss? :angry:

 

[700UW]

11. Comprehensive Income (Loss)

Comprehensive income (loss) for the Successor Company was $(90) million and $(64) million for the three months and six months ended September 30, 2003. Comprehensive income (loss) for the Predecessor Company was $2.51 billion for the three months ended March 31, 2003 and $(339) million and $(830) million for the three and nine months ended September 30, 2002, respectively. Comprehensive income encompasses net income and "other comprehensive income," which includes all other non-owner transactions and events that change stockholders' equity. Other comprehensive income includes changes in the fair value of the Company's available-for-sale equity investments and changes in the fair value of certain derivative financial instruments which qualify for hedge accounting.

 

[FLYAWAY]

Again, comprehensive income is net. As an example, UAL had a $300mil+ net "comprehensive" loss for the quarter but had a $19mil operating PROFIT. In short, NET is what one wants the numbers to be and OPERATING is a better indication of the true structure of the company and its viability. It simply eliminates the B.S. numbers associated with "one time write offs", "after tax" and ect. :angry:

 

[D M G]

I didn't ask for net. I said OPERATING. Big difference. Does anyone know the operating profit/loss? :angry:

Your attitude sucks. :down:

 

[UseYourHead]

Has anyone read or has USAirways released the OPERATING profit/loss for the 3rd quarter? It would appear that this has been suspiciously withheld.

It looksto me like like it was 37 million loss for Q3, and a 30 million dollar profit for the first 1/2 year.

We ha some healthy "other" of 478 million for Q3 and 949 million for the first 1/2 year.

The other items are a BIG part of the equation here. Just think, if you cut "other in 1/2, we would have a 239 million dollar profit for Q3 and a 1/2 a billion for the first 6 months...something to think about....

The link to the report is below....

http://investor.usairways.com/EdgarDetail....03-52&SID=03-00

 

[BoeingBoy]

UseYourHead,

But if we hadn't had the $1 billion loan, $240 million investment from RSA, cockpit door money from the government, and the "honeymoon" on the security fees, where would we be?

Jim