CRJJ

He’s UPS, isn’t he?. Pathetic individual no matter what. Someone that finds joy doing what he does…..wow.

Name User

lol even better

UPS stock YTD: -18.4%
AAL stock YTD: -20.6%

Bro's throwing rocks in glass houses lol

airplanes

Yeah we just had our worst single day loss ever at UPS. I don’t think we are the ones to be gloating over share prices.

TallyTarget64

if he was truly happy where he was, he wouldn’t need to constantly come here and post his nonsense.

Cachaco

American Airlines is anticipating a $150 million loss in Q3 2024, despite the peak travel season.

Revenue per available seat mile (RASM) is expected to decline by up to 6.5%, and costs per available seat mile (CASM) are projected to rise by 5.5%. The airline's earnings call revealed no strategic plan to address these issues, leaving industry analysts skeptical about its ability to improve profitability amidst rising operational costs and competitive pressures.

CRJJ

Don’t you have a family to spend time with? Parents to take care of? Any hobbies?. Isn’t your UPS fulfilling enough that you feel the need to come here looking for attention?

CRJCapitan

We aren't hiring, so you don't have to "save" anyone from coming here. Thanks for stopping by. We'll see you when you need to get somewhere.

ImSoSuss

If you're going to plagiarize at least give credit to the source, who is probably more anti-Armerican than you.

SoloPilot

Aero Crew News tweet lol. I can’t find anything else about a predicted $150million dollar loss except from them.

Guy is just a bitter old man. As he said himself, “no major job for the vast majority of my flying career, made peanuts for a long time,” So he's just jealous and angry a buncha young guys are gonna make way more money and have skyrocketing seniority. Best he can do is wish ill on them, and **** post on APC.

I feel bad for him, honestly. Quite a few people who fit his description, it’s just sad. 🤷

Cachaco

From Raven:

This week has been a tough one for our industry. CrowdStrike caused massive chaos, Delta had a system meltdown, American reported a near 50% drop in profits, and Southwest is having to make adjustments to its business model. All this, while Delta and United continue to aggressively pursue their business objectives and leverage every strength they have.

Bottom Line Up Front, the majors are feeling the pressure and two stories tell this best.

Delta's CEO, Ed Bastian, said it clearly in some recent interviews. In his words, if you're at the "lower end of the industry's food chain" and still posting losses in this high-demand environment, you're in for a rough ride." Some will look at this with skepticism, noting Delta's strong Q2 performance that still fell short of analyst expectations.

Having said that, some really telling news stories came out later on in the week that bolstered Ed's comments.

Here's what happened:

1. American reported a massive drop in profits after having to reverse a booking strategy misfire.

American's recent attempt to bypass third-party book software massively backfired, leading to a 46% drop in profits. While American reports taking aggressive action to undo their mistake, a massive glut in domestic oversupply will likely make their recovery from this setback difficult. They don't have as many levers to pull right now as they did a year or two ago. CEO Robert Isom acknowledged that their current revenue performance isn't where they want it to be, citing an imbalance in domestic supply and demand.

This means, that if you're waiting for a class date at American, it may be a bit more delayed than you wish. It is still too early to tell how this will all shake out, but it is time to start looking for a plan B just in case that class doesn't come as quickly as you need it.