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Thread: 2nd Quarter in trouble ?

  1. #21
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    Quote Originally Posted by Beagleboy View Post
    According to AAG's 2018 filing, they expected a tough 1st quarter, but substantial improvement in the 2nd quarter and IIRC, a 95% increase in revenue for 2019. As stated before, there are many variables that cannot be foreseen that impact the future and the 737 Max situation is now one of them. AA is cancelling 90 flights/day which removes well over 15,000 seats from the market. Their market. That's at least through early June. Yes, some new E-175's at DFW will add an increasing number of seats, but even at its maximum well after June, that's only 1,500 seats or so. Not much help for the 2nd Quarter and not even beyond that if the Max situation drags on. That means without financial compensation from Boeing, AA and Eagle will have to kick some major *** in the revenue dept. in 3rd and 4th quarters to make up for it or, you guessed it...Ö...Parker's projections once again fall short. Perhaps WELL short. Again. Also again, BIG bills due this year and for the next several years, so they'll need that 95%. IMO, they will fall short even WITH compensation from Boeing.

    Caveat Emptor...Ö.what's in your savings account ?
    Add another 2 months of the Max being grounded resulting in 115 flights/day cancelled. Thatís almost 20,000 seats/day. On a related note, APA has informed AA pilots that it appears management has no interest in bargaining for a new contract, so all AA hopefuls should understand they will be the regional of the majors in compensation for the foreseeable future. This is not a surprise considering AAís profits for 2019 appear headed to the dumpster and 3rd quarter now looks to be in jeopardy of being dinged too. Letís hope Boeing writes AAG one monster check, because they need all the cash they can get to meet that 95% increase.

    The good news is that many of the jets appear shiny and many flights also offer crew meals. Considering the Envoy quality schedules, pilots will need them.
    Last edited by Beagleboy; 04-14-2019 at 12:33 PM.

  2. #22
    Registered User NoOtPilot's Avatar
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    Quote Originally Posted by Beagleboy View Post
    Add another 2 months of the Max being grounded resulting in 115 flights/day cancelled. Thatís almost 20,000 seats/day. On a related note, APA has informed AA pilots that it appears management has no interest in bargaining for a new contract, so all AA hopefuls should understand they will be the regional of the majors in compensation for the foreseeable future. This is not a surprise considering AAís profits for 2019 appear headed to the dumpster and 3rd quarter now looks to be in jeopardy of being dinged too. Letís hope Boeing writes AAG one monster check, because they need all the cash they can get to meet that 95% increase.

    The good news is that many of the jets appear shiny and many flights also offer crew meals. Considering the Envoy quality schedules, pilots will need them.
    ďAPA has informed AA pilots that it appears management has no interest in bargaining for a new contract...Ē

    It makes perfect sense, long lines of pilots knocking at the door, no staffing problems, why lead the industry in pay and work rules, that will be money wasted. It sounds so familiar.

    It gets better...letís see how strong is APA(full of regional pilots) now!
    ďI always tell the truth. Even when I lie.Ē

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    On a more positive note, AA stock surged almost 2% today. I predict a continuing upward trend for the foreseeable future. Yeah, AA really in the crapper. NOT.

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    Registered User ardvark's Avatar
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    The whole stock market except hmo's went up. Even a dog catches its tail now and then.

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    Quote Originally Posted by ardvark View Post
    The whole stock market except hmo's went up. Even a dog catches its tail now and then.
    He has nothing of substance, so he bit on this. He STILL has nothing of substance, but when you are bat**** and drunk, whatever you can get, eh ?

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