2nd Qrt ends: any bets? tic tic tic tic
#1
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2nd Qrt ends: any bets? tic tic tic tic
Well, no pillows, much higher fares, no nuts, higher fees, pretty scary. within the next three weeks nwac reports 2nd qrt earnings. My prediction is a loss of 324 million dollars. any other guesses?
#2
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Probably $100 mil. loss.
CO and AA will be profitable. NW and DL will post a loss. UA may lose too. And with all the US-HP stuff, we won't be able to decipher US's numbers.
CO and AA will be profitable. NW and DL will post a loss. UA may lose too. And with all the US-HP stuff, we won't be able to decipher US's numbers.
#3
Join Date: May 2005
Location: NYC (LGA)
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I am looking in the neighborhood of 290mm loss.
I really want to see the cash flow, Balance sheet and income statment though.
I really want to see the cash flow, Balance sheet and income statment though.
#4
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This is summer, high season, high loads, only a paltry $125-150M loss.
What's the prize?
What's the prize?
#5
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I'll take the average of above 4 responses: $220 million.
#6
Join Date: Jan 2002
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I will be a bit generous and say $150M.
For May, US was short $39M and UA short $93M.
Although I would not be surprised to see NW short something like ~$500M just to scare the unions a bit more. NW seems to like to drive the point home that unions have to agree to NW's terms.
For May, US was short $39M and UA short $93M.
Although I would not be surprised to see NW short something like ~$500M just to scare the unions a bit more. NW seems to like to drive the point home that unions have to agree to NW's terms.
#7
Join Date: Aug 2002
Location: SJC
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I believe it will be huge -- potentially in excess of 350 million in the red.
Steve
Steve
#8
Join Date: Dec 2004
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I'm betting on huge loss as well... though all of the guesses seem to fit that definition. The retention problems and stock sales have very strong implications, none of them good.
#9
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hopefully good since i need to offload some stock!!
actually i'm thinking it's going to be pretty bad news, their costs are high, gas ain't cheap and well....just a sinking feeling....sooner or later though, the red tail will be fine....
actually i'm thinking it's going to be pretty bad news, their costs are high, gas ain't cheap and well....just a sinking feeling....sooner or later though, the red tail will be fine....
#10
Join Date: Oct 2000
Location: San Francisco, CA
Posts: 3,106
It sure looks to me like they should be declaring a profit -- their loads are incredibly high, they've been cutting or charging for anything that resembles a perk for both employee & customer.
At the same time oil is at a record high, the stock price is as low as ever (which makes borrowing/financing really difficult) and management (whoever they are now) is doing their best (or worst?) to push the company towards bankruptcy to sock it to the employee contracts and the pensions.
I'd say a loss of at least $500 million.
At the same time oil is at a record high, the stock price is as low as ever (which makes borrowing/financing really difficult) and management (whoever they are now) is doing their best (or worst?) to push the company towards bankruptcy to sock it to the employee contracts and the pensions.
I'd say a loss of at least $500 million.
#11
Join Date: Apr 2002
Location: Memphis, TN USA
Programs: NW Platinum, Marriott Silver
Posts: 416
Honestly, I don't really want to think about it (Ostrich syndrome). Living here in MEM, the only way I can catch a direct flight anywhere other than a Delta/American/United hub is on Northwest.
My guess...a cool $225 million.
My guess...a cool $225 million.
#13
Join Date: Oct 2000
Location: San Francisco, CA
Posts: 3,106
anyone know when they are due to report earnings?
what do I earn if I win the game? a bag of spinzels?
what do I earn if I win the game? a bag of spinzels?
#14
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I hope you dont win
Originally Posted by DJMeatBall
anyone know when they are due to report earnings?
what do I earn if I win the game? a bag of spinzels?
what do I earn if I win the game? a bag of spinzels?
#15
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$222m loss, give or take a buck or two...