US Airlines 1st Quarter Results

Dag Johnsen

Dag Johnsen

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Heisann,

Da kan vi see hvordan det gikk her i det ville vesten!

AA er foerst ute:

The first major U.S. airline to report 2011 first-quarter financial results, American Airlines (AA) on Wednesday cited skyrocketing fuel costs among factors that it says offset what would otherwise have been better news for its investors.

AMR, the parent of AA, reported a first-quarter loss of $436 million, or $1.31 a share, an improvement over the same quarter in 2010, when it lost $505 million, or $1.52 a share. Excluding special items, the loss was $405 million, or $1.21 per share. Total revenue rose 9.2 percent to $5.53 billion, and passenger revenue per available seat mile, or PRASM, a key metric for the industry, was up by 5 percent. But fuel costs for AA were up by $366 million, 24.8 percent over the first quarter of 2010.

AA also said full-year mainline capacity growth would be 1.4 percentage points lower than originally planned, increasing 2.2 percent from 2010. On a consolidated (mainline and regional) basis, it expects a 2.8 percent increase for full-year capacity. It also plans to retire at least 25 MD-80 aircraft this year and add newer, more fuel-efficient planes, including five Boeing 777-300ERs, up from the three it previously ordered.
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Dag
 
Da kom vi UA/CO:

United Continental Holdings, Inc. (NYSE: UAL) today announced first-quarter 2011 financial results. UAL results for the first quarter include the financial results of its two operating subsidiaries, United Airlines and Continental Airlines. Prior to the merger on Oct. 1, 2010, UAL results included only the financial results of United Airlines. Pro forma results that consolidate the financial results for Continental for first-quarter 2010 are included for meaningful year-over-year comparisons.

Highlights for this quarter include:

UAL reported a first-quarter 2011 net loss of $136 million or $0.41 loss per share excluding $77 million of special charges consisting primarily of integration-related costs, an improvement of $47 million compared to the pro forma results year-over-year. On a GAAP basis, UAL reported a first-quarter 2011 net loss of $213 million or $0.65 loss per share.

UAL consolidated passenger revenue increased 11.5 percent in the first quarter of 2011 compared to the pro forma results for the same period in 2010. First-quarter 2011 consolidated passenger revenue per available seat mile (PRASM) increased 9.9 percent compared to the pro forma results year-over-year.

Rising fuel prices largely offset the improvement in revenue. First-quarter 2011 consolidated fuel expense, excluding the impact of hedges, increased 34.5 percent, or $725 million, year-over-year on a pro forma basis.

UAL ended the quarter with $8.9 billion in unrestricted cash, cash equivalents and short-term investments.
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Dag
 
Wahoo said:
yikes, 25-34% økning i fuel kostnader..

W
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Ja, men det ser ikke helsvart ut for det. Underskuddene (som det stort sett alltid er i Q1) er mindre enn i fjor.

Dog så vil økte fuelkostnader fremprovosere ytterligere kutt, og man ser allerede nå at det kuttes i tilbudet og vekstplaner reduseres
 
-318 millioner dollar for Delta


http://news.delta.com/index.php?s=43&item=1353
Delta's net loss for the March 2011 quarter was $318 million, or $0.38 per diluted share, which includes $2 million of special items.
Driven by the $610 million impact of 30% higher fuel prices, Delta's net loss was $128 million worse than the March 2010 quarter, excluding special items(1).
Delta generated $452 million in free cash flow for the quarter and its adjusted net debt at quarter end was $14.5 billion.
Delta ended the March 2011 quarter with $5.5 billion in unrestricted liquidity, which includes $1.6 billion in undrawn revolving credit lines.
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Hawaiian klarte rundt null. Svakt pluss eller svakt minus, avhengig av hvordan man ser på det

http://finance.yahoo.com/news/Hawaiian-Holdings-Reports-prnews-3171611720.html?x=0&.v=1
HONOLULU, April 26, 2011 /PRNewswire/ -- Hawaiian Holdings, Inc. (NASDAQ:HA - News) ("Holdings" or the "Company"), parent company of Hawaiian Airlines, Inc. ("Hawaiian"), today reported consolidated net income for the three months ended March 31, 2011 of $0.9 million, or $0.02 per diluted share, on total operating revenue of $365.6 million. This result compares with net income of $0.2 million, or $0.00 per diluted share, on total operating revenue of $298.4 million for the three months ended March 31, 2010. An adjusted net loss reflecting economic fuel expense of $3.2 million, or $0.06 per share, compares to adjusted net income of $0.1 million, or $0.00 per share, in the prior year period.
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Ja, det gaar an aa tjene penger paa toerste Maddogs ogsaa ....

"The projected increase in maintenance and repairs expense is due to a change in our MD-80 engine maintenance strategy. In recent years, we overhauled very few of our engines and instead replaced most engines when needing repair with engines acquired in the secondary market. This approach resulted in lower operating expenses but higher capital expenditures.
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