More Planes For Ted!

[casual rat]

One cannot quantify the ‘unknown’.
There are no separate financial accounting reports to prove and/or disprove that ‘TED’ is making/loosing money.

Flying planes full can be a financial attribute when revenue exceeds costs.
Flying planes full when costs exceed revenue is a financial drain.

The ‘financials’ of ‘TED’ is being held close to the vest.

Why is it so hard to report the financial results of a money making venture?

????????????????

B) UT

[post="252940"][/post]​

Ted is not a separate entity as far as accounting is concerned. It's not a subsidiary. It's not a separate company. It's not even very operationally different. The only difference between Ted and UA proper is Marketing. The Ted part of UA is Marketed or targeted to leisure travellers, UA proper is geared more towards business travellers. The only financials available are UAL financials. It would be impossible to report financial results on something that doesn't exist. It's like posting the financial results of a single station, say LGA. UA isn't going to, nor is it required to post financials on any one thing, they report as a Corporation--it's a cumulative thing.

 

[mrfish3726]

So, I guess TED isn't as big of a money maker as management/marketing claim it to be then right ? Thanks for clearing that up FINALLY!!!!

 

[Busdrvr]

So, I guess TED isn't as big of a money maker as management/marketing claim it to be then right ? Thanks for clearing that up FINALLY!!!!

[post="253019"][/post]​

Fortunately Ted can loose big money and still outperform FRNT these days....

 

[mrfish3726]

We'll see how EVERYONE is performing when oil hits that projected HIGH of $80 a barrel by the end of the summer there BUS. We could all be out looking for a new line of work . Figure when it hits the $60 to $65 dollar range US and UAL will be pretty much toast!

 

[Fly]

You figure?!? That doesn't say too much

 

[UAL_TECH]

Ted is not a separate entity as far as accounting is concerned. It's not a subsidiary. It's not a separate company. It's not even very operationally different. The only difference between Ted and UA proper is Marketing. The Ted part of UA is Marketed or targeted to leisure travellers, UA proper is geared more towards business travellers. The only financials available are UAL financials. It would be impossible to report financial results on something that doesn't exist. It's like posting the financial results of a single station, say LGA. UA isn't going to, nor is it required to post financials on any one thing, they report as a Corporation--it's a cumulative thing.

[post="253015"][/post]​

Agreed, and having some dealings with the archaic accounting software here at the ‘Lazy U’, I am confident that we cannot differentiate the costs of ‘TED’ and the costs of the mainline airbus fleet (much less the cost of an ATA System).

Therein is my rub!

If ‘TED’ is profitable and we take mainline airbus and transfer them to ‘TED’ without enhancing the bottom line, then what have we accomplished? Do we not learn from our past mistakes? After 911, we immediately jettisoned the ‘Shuttle’ because it was an expenditure that was no longer justifiable. A capital drain to beat out the competition. Now we are flying ‘TED’. What is the difference between ‘Shuttle’ and ‘TED’? We lost money on the ‘Shuttle’ and as these are similar products, one could assume that we are loosing money on ‘TED’ as well.

So what is the point of ‘TED’?

B) UT

 

[JFK777]

I am so happy for TED is expanding to Florida. IS he ever coming to West Palm Beach? I know TED flies to FT. Lauderdale, Orlando and Tampa but SONG is huge into PBI. UA is small Potatoes at PBI, only 1 or 2 flights to ORD daily, but TED atleast from Dulles would make sense. IF TED works in Ft. Lauderdale why not PBI? JB, Song and Independence AIR fly to PBIso I am hoping TED will make it work too.

 

[casual rat]

So, I guess TED isn't as big of a money maker as management/marketing claim it to be then right ? Thanks for clearing that up FINALLY!!!!

[post="253019"][/post]​

Chum, Ted's either making money, or it's drawing profits away from F9/LCCs. In either event, Ted's designed for either purpose. Ted might be profitable. Ted might not be. It's not altogether clear--and it won't be. If UAL is toast, then F9's gonna be a bagel. Your company is losing money as well, and F9 doesn't have as much cash as UA does. Your future ain't so bright either, so I wouldn't wear shades if I were you. There's an old saying: People who live in glass houses shouldn't throw stones...Think about it.

 

[casual rat]

I am so happy for TED is expanding to Florida. IS he ever coming to West Palm Beach? I know TED flies to FT. Lauderdale, Orlando and Tampa but SONG is huge into PBI. UA is small Potatoes at PBI, only 1 or 2 flights to ORD daily, but TED atleast from Dulles would make sense. IF TED works in Ft. Lauderdale why not PBI? JB, Song and Independence AIR fly to PBIso I am hoping TED will make it work too.

[post="253045"][/post]​

I agree, Ted from ORD, DEN or IAD would be a great thing, as would more service to Fort Meyers (RSW I think?)....JMHO

 

[casual rat]

Agreed, and having some dealings with the archaic accounting software here at the ‘Lazy U’, I am confident that we cannot differentiate the costs of ‘TED’ and the costs of the mainline airbus fleet (much less the cost of an ATA System).

Therein is my rub!

If ‘TED’ is profitable and we take mainline airbus and transfer them to ‘TED’ without enhancing the bottom line, then what have we accomplished? Do we not learn from our past mistakes? After 911, we immediately jettisoned the ‘Shuttle’ because it was an expenditure that was no longer justifiable. A capital drain to beat out the competition. Now we are flying ‘TED’. What is the difference between ‘Shuttle’ and ‘TED’? We lost money on the ‘Shuttle’ and as these are similar products, one could assume that we are loosing money on ‘TED’ as well.

So what is the point of ‘TED’?

B) UT

[post="253034"][/post]​

UT, Ted's about Marketing, period....UA was viewed as 'snobbish' and 'old school' in a new school environment. Ted (I think), is being employed towards the not-so-frequent flyer, while keeping the Businessman in mind. UA Shuttle was being marketed towards the Road Warrior type of traveller, lots of frequency. Two different animals altogether. When Summer of 2000 happened, and then 9/11 occurred, Corporations freaked and began to make changes in the way they conducted their business--which rendered Shuttle useless. Basically UA made a faux pas in their Marketing for years, by focusing on the Business Traveller exclusively. The term for that is Majority Fallicy--you never sell yourself to one segment, there's money to be made from other sectors of the population that needs to be pursued as well. Unfortunately, UA chased after money that disappeared overnight. Now it must reposition itself in the form of TED. JMHO....