THIRD QTR. PROFIT

[FrugalFlyerv2.0]

AA outperformed solely on the bottom line number. On every metric that speaks to how an airline is run, DL outperformed AA.
 

 
Isn't the bottom line really what matters?
 
What's that?  Not if it's better than DL's. 
OK, got it!

 

[WorldTraveler]

bottom line absolutely matters except that in the case of AA it doesn't speak to the fact that it has a merger in process and is spending very little to finish the merger compared to what is necessary to finish the process.

given that Parker kept US/HP as separate airlines for a very long time, any expectations of operating as one airline should be put in that context.

 

[jcw]

Thank you for pointing out that even with a merger going on AA beat DL

 

[WorldTraveler]

except that AA is moving very slowly at actually merging the airline... and that is the point.

 

[jcw]

Sorry man AA is still making more money than DL the great news once the merger is done AA will be making even more money than DL

So enjoy this short period when DL can almost be as good as AA

Nice how you changed subjects because the facts don't support your arguments

Hail to DL

Btw how is your list coming along

 

[FrugalFlyerv2.0]

bottom line absolutely matters except that in the case of AA it doesn't speak to the fact that it has a merger in process and is spending very little to finish the merger compared to what is necessary to finish the process.

given that Parker kept US/HP as separate airlines for a very long time, any expectations of operating as one airline should be put in that context.

 
Nice deflection from the quarterly financial results to the pace of the merger integration..
 
With AAL taking in approximately $11 billion in quarterly revenue, how much 'pain' are merger expenses going to cause?
Moreover, once AA/US are fully merged and integrated and the entire network is optimized, doesn't it reason then that AAL could potentially perform even better?
 
Spin away.

 

[robbedagain]

Since wt says dl is usa largest airline he evidently either slept thru class or the teacher passed him just to get rid of him... but last time i checked AA is nbr 1 UA is nbr 2 and DL is nbr 3

great job to all of the US n AA folks for making the profits

 

[FWAAA]

While AA's Pacific yield and unit revenue both increased at healthy percentages, the more troubling figures were the huge declines in Latin America yield and unit revenue. That's a much bigger problem given that AA is substantially larger in Latin America and relies on the giant profits in Latin America to subsidize the much smaller Pacific operations.

Dunno whether or how much Venezuela played a part, but Parker hasn't been able to hang on to the 18 cent yield in Latin America that he was handed last December.

 

[jcw]

Agree Latin American is an issue and will need to be addressed

Unlike DL has nothing to work on AA will continue to improve its product and network to continue to blow DL away

 

[bunt3dunk]

Thanks for taking our profit sharing ,you really love your employees.

 

[WorldTraveler]

someone knows what they are talking about.

While AA's Pacific yield and unit revenue both increased at healthy percentages, the more troubling figures were the huge declines in Latin America yield and unit revenue. That's a much bigger problem given that AA is substantially larger in Latin America and relies on the giant profits in Latin America to subsidize the much smaller Pacific operations.

Dunno whether or how much Venezuela played a part, but Parker hasn't been able to hang on to the 18 cent yield in Latin America that he was handed last December.

an 11.7% decrease in Latin RASM in AA's largest region is absolutely far more significant than their Pacific gains.... given that this was for the 3rd quarter, it is not hard to do well to either Europe or Asia.

For RASM to fall off as big as it has in Latin America means that AA MUST get used to much lower revenue - a 10% decrease in revenue in their largest region is far larger than any other carrier has reported in any global region in years.

AA says they still have over $700 million tied up in Venezuela that they are trying to get out - but might well have to impair - which would further decrease RASM (although it should be backward looking).

"As of September 30, 2014, $721 million of the Company's unrestricted cash balance was held in Venezuelan bolivars, valued at the weighted average applicable exchange rate of 6.41 bolivars to the dollar. The Company's cash balance held in Venezuelan bolivars decreased $70 million from the June 30, 2014, balance of $791 million, due primarily to $48 million in repatriations in the third quarter of 2014 ($31 million valued at 6.3 bolivars to the dollar and $17 million valued at 10.6 bolivars to the dollar). This balance also reflects the Company's significant reduction in capacity in this market, pending further repatriation of funds and due to a decrease in demand for air travel resulting from the effective devaluation of the bolivar. The Company continues to work with Venezuelan authorities regarding the timing and exchange rate applicable to the repatriation of funds held in local currency. The Company is monitoring this situation closely and continues to evaluate its holdings of Venezuelan bolivars for potential impairment. "




and someone doesn't.

Agree Latin American is an issue and will need to be addressed

Unlike DL has nothing to work on AA will continue to improve its product and network to continue to blow DL away

DL had the highest yield of any US carrier.

DL was also the largest airline in terms of revenue.

Passengers pay more to fly DL than AA.

 

[swamt]

I Just want to congratulate all the AA employees for their record 3Q numbers.  Yes as a whole AA did beat Delta with the 3Q earnings and profits.  Like I said a long time ago, give AA the same amount of time as Delta out of BK, merging and restructuring and AA will squash Delta's numbers.  I had no clue that it would come this quick.  But, this is only one Q, lets' see what the year over years camparos end up being.  Again I tip my hat off to the AA employees for great 3Q...

 

[WorldTraveler]

except that like WN, AA didn't share much of their success with their employees.

DL spent more per employee in salaries and benefits than AA.

AA also has made far less progress in merging their airline and thus hasn't spent the money.

perhaps the goal for Parker is to drag the merger out as long as it has taken WN to exterminate FL.

 

[MAH4546]

Without knowing more, can't that LatAm drop entirely/largely be attributed to the Venezuela crisis where AA had a ton of capacity?
 
AA is slowly adding back flights to MAR and CCS next month, though, roughly doubling Venezuela capacity by the end of December. 

 

[jcw]

Since AA is beating DL we have to change the topic

Buckle up for new spin