Transcon Service from BOS & JFK

[funguy2]

<blockquote>----------------<BR>On 8/13/2003 8:00:26 AM AAmech wrote: <BR><BR><BR><DIV>Small correction here.&nbsp;&nbsp; AA was "Cash Positive" in May.&nbsp; In June AA posted a "Net" profit.&nbsp; July was also projected to post a "Net" profit.&nbsp;&nbsp; Having a net profit, even a small one is far better than just being "cash positive.</DIV><BR><BR>----------------</blockquote><BR><BR>Wasn't AA's second quarter profit solely because of the government give back? I mean, if AA hadn't gotten the government security fee reimbursement then they, like all of the other majors, wouldn't have posted a profit at all but another loss - isn't that right?<BR>

I think you are right about AA... They showed a net profit including the gov't grant, but the operating loss was about $350MM (excluding the grant) IIRC. AWA's net profit was $80MM and their operating profit was $12MM (excluding the grant) IIRC.

 

[MiAAmi]

http://biz.yahoo.com/prnews/031015/law115_1.html

The new transcon service must not be selling very well if they have to give 50% commission to travel agents to intice them to sell HP

 

[AA80Driver]

I think you are right about AA... They showed a net profit including the gov't grant, but the operating loss was about $350MM (excluding the grant) IIRC. AWA's net profit was $80MM and their operating profit was $12MM (excluding the grant) IIRC.

Since June 03, AA has a net profit exluding special items (which are net gains from gov't/worlspan sale, etc..) of 26M. There are still a few hundred million in annual savings that are yet to be realized from the restructuring. ie. the pilots are in the middle of a huge retraining cycle due to layoffs and displacements. These courses cost approximately 50k a pop and will create drag on the bottom line through next year.

 

[orangeman]

CartPusher,
WN made mony without Gov't help. Yes, it was larger with the GOV give back of secutity costs. I don't agree with the gov. costs for security yet, who made money without? WN!!!
Just a
Figure

 

[orangeman]

Veritas

Was your post an addendum or your own when the word stewardess and waitress were used? Either way, when was the last time a waiter/waitress gave CPR and brought someone back? I just did! As far as "foreign" service goes; please be aware that most carriers are owned and or subsidized by their respective Govmt's. Talk about service/cost in comparison w/ US carriers is a moot point financially. I realize that I am only a "waiter in the sky" to you. On the same note, don't ask me for any help other than "waiter" duties! <_<

 

[MiAAmi]

CPR is not only used by flight attendants. Waiters and Waitresses know a few things too! Who cares if they call you a waiter? We are in the service industry we are blue collar workers. Call me whatever you want , just make sure I get paid twice a month.