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Old Aug 4, 2002 | 9:37 am
  #17  
SMessier
 
Join Date: Dec 1999
Location: This year we're going to the BAFTAs!
Posts: 5,518
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Shareholder:
As for my previous posts being refuted by profit numbers from US carriers, those numbers became as illusionary during the period of the stock market bubble which has now returned us to more normal operating profits, margins and expectations.</font>
Perhaps hfly can confirm, but I expect he refers to the thread where you speculated that
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">... it is the major US full service carriers -- CO aside -- that have only had two or three profitable years in the past two decades.</font>
As DOT figures show however, some or all US carriers made a profit from in every year from 1995 to 2000. I'm not quite sure what you're trying to suggest now with the notion that these numbers were "illusionary" -- your previous assertion was entirely unsupported by facts. Note furthermore that DOT data I found only goes back to 1995, I wonder if no major turned a profit from 1980 to 1995. [NW also made a profit in 1994, fwiw.]

I find the idea that current economic conditions are a time of "normal operating profits, margins and expectations" a bit far fetched, but then again I'm no shareholder.
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