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Old 04-23-2014, 06:34 AM
  #154571  
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Originally Posted by duder
Anderson says 19 737-900s delivered this year are cash flow positive from Day 1.

Wow.
I guess that's different from the RJ's being "self financed"?
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Old 04-23-2014, 06:37 AM
  #154572  
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Originally Posted by Timbo
Yes, and did you LOVE Richard's answer?

"If you look over our track record over the last 8 years, we've always led the industry... (in getting pilots to trade their retirement, pay, benefits, and profit sharing for 3% raises)."

He then goes on to brag about making all this money with '3 less shells' (airframes).

How's that for growth!
There was a bit of a mood change.

These Q&As are always intriguing and then entertaining when the regular reporters start asking questions.

Ooooh. See, she asked about FAR 117... "we've been able to handle that incredibly successfully" "manage through it quite effectively" "PWA already had a lot of flexibility"

And ATL asking for more service by other international carriers? This city is confused about their place in the world. Dang, landing free in ATL is 1/2 what it is in Miami. Somewhere I once heard CLE was one of the top 3 expensive in the country.
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Old 04-23-2014, 06:44 AM
  #154573  
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Originally Posted by LOBO
444 million pretax profit!!!!

99 million but aside for profit sharing!!!

WOW!!!
What was our 2013 first quarter pretax profit for a point of reference?
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Old 04-23-2014, 06:55 AM
  #154574  
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Originally Posted by hockeypilot44
What was our 2013 first quarter pretax profit for a point of reference?
Well, free cash flow was $457M last year and $390M this year with $1.1B last year in operating cash flow and $.951B this year.
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Old 04-23-2014, 07:00 AM
  #154575  
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Old 04-23-2014, 07:30 AM
  #154576  
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Originally Posted by Free Bird
I guess that's different from the RJ's being "self financed"?
The RJ's were Self Financed alright, by My Self, and Your Self!

And half of today's earnings numbers are being financed by our bankruptcy pay rates, and profit sharing cuts.
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Old 04-23-2014, 08:43 AM
  #154577  
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Originally Posted by forgot to bid
Well, free cash flow was $457M last year and $390M this year with $1.1B last year in operating cash flow and $.951B this year.
In layman's terms, will our profit sharing be bigger or smaller next year based on first quarter results?
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Old 04-23-2014, 09:13 AM
  #154578  
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Originally Posted by hockeypilot44
In layman's terms, will our profit sharing be bigger or smaller next year based on first quarter results?
Much larger because based on the outlook for the rest of the year total profit for profit sharing purposes should be well above 4 billion. Last year it was 3.4 billion. Everything over 2.5 is at 20 percent.
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Old 04-23-2014, 09:21 AM
  #154579  
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Originally Posted by sailingfun
Much larger because based on the outlook for the rest of the year total profit for profit sharing purposes should be well above 4 billion. Last year it was 3.4 billion. Everything over 2.5 is at 20 percent.
I think last years profit sharing (received this year) was based on $2.7 billion profit
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Old 04-23-2014, 09:31 AM
  #154580  
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Originally Posted by ATL7ER
I think last years profit sharing (received this year) was based on $2.7 billion profit
It was based on 3.4 billion. 2.7 was net profit. Profit sharing is pre tax.
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