aa with $835 million pre-tax profit - before special items.
disappointing, top line missed. revenues at $11.9 billion, apprx. $660 million less than delta's 3q.
this is what delta had to say about it's record q3 revenues:
Domestic premium product revenue grew 11% and corporate revenue grew 8%, consistent with growth in the first half of the year.
i know i sound like a broken record, but aa neglecting/degrading it's premium product is insane during recent and current economic conditions.
sorry, RJ flying doesn't cut it.
aa also paid .7 cents more a gallon for mainline jet fuel than delta and .1 cent more than united. are we going to the wrong gas station?
aa purchased 981 million gallons in the quarter...x .7 cents a gallon, you get the idea.
if we point at delta's refinery, delta said this about it's 'ancillary businesses and refinery':
Ancillary businesses and refinery
279
410
(131)
(32)
a $131 million loser in 3q19 compared to 3q18. 32% hit.
all in all, aa pointed a finger at the max groundings and operational challenges resulting from labor contract negotiations. lame.
the company also deposited $52 million into profit sharing...taking us to $139 million for the year. delta is at $1.256 billion and united is at $368 million.
today, southwest put $144 million into it's kitty...taking them to $403 million for the year.