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07-20-2022, 03:13 PM

#151

Duckdude

Gets Weekends Off

Joined APC: Aug 2010

Position: N/A

Posts: 616

So much for the theory that the vote was originally going to close just days before UAL announced record breaking profits.

07-20-2022, 03:15 PM

#152

GPullR

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Joined APC: Apr 2013

Posts: 558

Quote:

Originally Posted by Duckdude

So much for the theory that the vote was originally going to close just days before UAL announced record breaking profits.

They stated record breaking revenue, not profit and I believe it was.

07-20-2022, 03:37 PM

#153

Mitch Rapp

Banned

Joined APC: Oct 2010

Posts: 309

Quote:

Originally Posted by Duckdude

So much for the theory that the vote was originally going to close just days before UAL announced record breaking profits.

2nd greatest quarter for revenue in our history. Not too bad.

07-21-2022, 05:55 AM

#154

Mudge

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Joined APC: Jan 2018

Position: A320 FO

Posts: 255

If they project $300 million profit per quarter, that's alot of money left on the table for the next 2 years...

07-25-2022, 10:00 AM

#155

iahflyr

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Joined APC: Jan 2006

Posts: 1,610

Quote:

Originally Posted by Mitch Rapp

2nd greatest quarter for revenue in our history. Not too bad.

To Whom It May Concern:
Revenue means nothing if costs are high enough. Profit is a meaningful metric. Revenue alone is not.

07-25-2022, 01:26 PM

#156

CQKSNT

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Joined APC: Sep 2020

Posts: 124

Quote:

Originally Posted by GPullR

They stated record breaking revenue, not profit and I believe it was.

June was the highest revenue month in the history of the company. Revenue is a very important metric as it represents future profit and free cashflow capacity. Growing is expensive, and it is accepted that profit margins will suffer during times of aggressive growth. Profit is a useful metric only for very specific purposes. For context, Uber is worth much more than United and has never been profitable.

07-25-2022, 01:51 PM

#157

TodKindrsChikun

Banned

Joined APC: Oct 2020

Posts: 345

Quote:

Originally Posted by iahflyr

To Whom It May Concern:
Revenue means nothing if costs are high enough. Profit is a meaningful metric. Revenue alone is not.

Cash flow is the metric. But hey, it’s about time for you to start beating the drum of fear and take the table scraps offered to ensure 50+1.

07-25-2022, 03:25 PM

#158

fadec

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Joined APC: Mar 2015

Posts: 963

Quote:

Originally Posted by iahflyr

To Whom It May Concern:
Revenue means nothing if costs are high enough. Profit is a meaningful metric. Revenue alone is not.

No, cost is the meaningful metric. We're a cost.

07-25-2022, 08:01 PM

#159

13n144e

Gets Weekends Off

Joined APC: Nov 2010

Position: 787 CA

Posts: 425

Quote:

Originally Posted by TodKindrsChikun

Cash flow is the metric. But hey, it’s about time for you to start beating the drum of fear and take the table scraps offered to ensure 50+1.

No. It’s not. It’s a fact that profit is the meaningful metric. Somebody posts a fact that doesn’t fit in with your angry little narcissistic world view and you immediately accuse them of “beating the drum of fear?” Overreact much? You’d come off as a lot less hysterical if you tried a more reasoned response to a valid point without the drama and hyperbole. Oops. Sorry, hope I wasn’t “beating the drum of fear”.