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Who will make a profit for 2006

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heywatchthis

Well-known member
Joined
Feb 28, 2005
Posts
199
Analysts predict five other carriers also will earn a profit in 2006. They are American parent AMR Corporation, Houston-based Continental Airlines, Jet Blue Airways, Alaska Air Group and AirTran Holdings.

http://www.news8austin.com/content/your_news/default.asp?ArID=152946

DALLAS -- The U.S. airline industry is coming off an up-and-down 2005 that saw two major carriers file for bankruptcy -- but others begin to pull out of a nosedive that began in 2001.
Losses at the biggest U.S. airlines since the 2001 economic downturn were expected to approach $30 billion. Still, 2005 was nearly a good year.
Some companies, including the Fort Worth-based parent of American Airlines, could have turned a profit if fuel prices hadn't shot so high. As it turned out, some airlines narrowed their losses by sharply cutting costs other than fuel -- including wringing wage concessions out of their workers.
Some analysts think 2006 will be a pivotal year. Michael Linenberg of Merrill Lynch said fewer planes flying, rising fares and lower fuel prices could lift the stock of airlines.
Dallas-based Southwest Airlines is the only carrier to be consistently profitable throughout the current slump. Its CEO, Gary Kelly, agrees that trends are looking up.
Analysts predict five other carriers also will earn a profit in 2006. They are American parent AMR Corporation, Houston-based Continental Airlines, Jet Blue Airways, Alaska Air Group and AirTran Holdings.
 
What? US Air isn't on the list. There must be some mistake! They were supposed to be the powerhouse that's going to squash the other legacies!!

What gives?
 
I guess its six.

heywatchthis said:
Dallas-based Southwest Airlines is the only carrier to be consistently profitable throughout the current slump. Its CEO, Gary Kelly, agrees that trends are looking up.
Analysts predict five other carriers also will earn a profit in 2006. They are American parent AMR Corporation, Houston-based Continental Airlines, Jet Blue Airways, Alaska Air Group and AirTran Holdings.
 
Merrill Lynch Cuts JetBlue To Neutral From Buy

DOW JONES NEWSWIRES
January 3, 2006 7:42 a.m.

-- .
.
NEW YORK (Dow Jones)--Merrill Lynch cut low-cost airline JetBlue Airways (JBLU) to neutral from buy, citing valuation.
The broker told clients that while the company is the most expensive stock in its universe on almost every valuation metric, it may be experiencing growing pains.
Merrill said it thinks the carrier will face several headwinds during the year including rising aircraft and personnel costs related to the maturation of the company, new entrant competition and the narrowing of its cost advantage vis-a-vis the trunk carriers.
 
BlackPilot628 said:

SWA is mentioned in the original article:

heywatchthis said:
DALLAS -- The U.S. airline industry is coming off an up-and-down 2005 that saw two major carriers file for bankruptcy -- but others begin to pull out of a nosedive that began in 2001.
Losses at the biggest U.S. airlines since the 2001 economic downturn were expected to approach $30 billion. Still, 2005 was nearly a good year.
Some companies, including the Fort Worth-based parent of American Airlines, could have turned a profit if fuel prices hadn't shot so high. As it turned out, some airlines narrowed their losses by sharply cutting costs other than fuel -- including wringing wage concessions out of their workers.
Some analysts think 2006 will be a pivotal year. Michael Linenberg of Merrill Lynch said fewer planes flying, rising fares and lower fuel prices could lift the stock of airlines.
Dallas-based Southwest Airlines is the only carrier to be consistently profitable throughout the current slump. Its CEO, Gary Kelly, agrees that trends are looking up.
Analysts predict five other carriers also will earn a profit in 2006. They are American parent AMR Corporation, Houston-based Continental Airlines, Jet Blue Airways, Alaska Air Group and AirTran Holdings.
 
Draginass said:
What? US Air isn't on the list. There must be some mistake! They were supposed to be the powerhouse that's going to squash the other legacies!!

What gives?

Yes, and they were going to do it with the 'Impressions of Excellence' program.

HA HA HA HA HA! Man, I crack myself up.
 

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