AA, DL, UA 3Q 2016 Performace

[East End Ave]

AA
Third quarter 2016 pre-tax profit of $1.2 billion, or $1.5 billion excluding special charges, and net profit of $737 million, or $933 million excluding special charges
http://phx.corporate-ir.net/phoenix.zhtml?c=117098&p=irol-newsArticle&ID=2213314

DL
September 2016 quarter GAAP pre-tax income of $1.9 billion, net income of $1.26 billion and earnings per diluted share of $1.69
http://ir.delta.com/news-and-events...nounces-September-Quarter-Profit/default.aspx

UA
UAL reported third-quarter net income of $965 million, diluted earnings per share of $3.01, pre-tax earnings of $1.5 billion and pre-tax margin of 15.2 percent.
http://ir.united.com/~/media/Files/...release/2016/ual-2016-q3-earnings-release.pdf

Le 3 US in grande salute, record Q3 per UA

 

[AZ209]

Non ricordo i 3Q2015 di UA e DL, ma per quanto riguarda AA parliamo di utili in calo di oltre il 50%

 

[East End Ave]

Non ricordo i 3Q2015 di UA e DL, ma per quanto riguarda AA parliamo di utili in calo di oltre il 50%

Confermo AA in calo netto, pur con un buon profit; credo in leggera flessione anche DL, mentre è history record per United!

 

[AZ209]

Ottimo 3Q anche per Alaska Air Group. Previsto un 2016 da record.
http://atwonline.com/airline-financials/alaska-air-group-earns-256-million-3q-pace-record-year

Alaska Air Group earns $256 million in 3Q; on pace for record year

Seattle-based Alaska Air Group, parent of Alaska Airlines and Horizon Air, posted third-quarter 2016 net income of $256 million, down 6.6% from a net profit of $274 millionin the 2015 September quarter.
The year-over-year profit decline can be attributed to $22 million in one-time costs related to Alaska’s proposed merger with San Francisco-based Virgin America, which remains the subject of antitrust talks between Alaska executives and the US Department of Justice (DOJ). Without the merger costs, Alaska’s profit would be slightly up year-over-year.
Chairman and CEO Brad Tilden told analysts and reporters that “2016 is shaping up to be a year of record profitability” for Alaska, predicting that the company’s full-year net income will top its record 2015 net profit of $848 million.
Alaska’s third-quarter revenue rose 3% year-over-year to $1.6 billion while expenses increased 8% to $1.2 billion, producing an operating profit of $400 million, down 8% from $433 million in operating income in the prior-year period.
Alaska’s third-quarter consolidated traffic (including regional Horizon) increased 8.1% to 9.6 billion RPMs on an 8.1% lift in capacity to 11.2 billon ASMs, producing a load factor of 85.6%, unchanged from the prior-year quarter. Yield dropped 5.7% to 13.8 cents.
Though Alaska’s full-year mainline capacity is expected to grow 8% year-over-year in 2016, fourth quarter capacity is only expected to rise 2%.

 

[AZ209]

Buon 3Q anche per Southwest:
http://atwonline.com/airline-financ...illion-3q-net-profit-despite-july-outage-loss

Southwest posts $388 million 3Q net profit despite July outage loss

Dallas-based Southwest Airlines posted a $388 million net profit for the 2016 third quarter, down 33.6% year-over-year (YOY) from $584 million in 3Q 2015.
Southwest board chairman, president and CEO Gary Kelly said the airline benefited from low fuel prices and record traffic levels during the quarter, “especially considering the operational challenges caused by the technology outage in July.” Southwest said the outage cost the company an estimated $55 million in lost revenue.
“We will continue to manage our growth prudently in light of the revenue environment and increasing fuel prices,” Kelly said, adding the airline plans to slow its 2017 capacity growth to less than 4% YOY with approximately 2 points of the increase related to domestic growth.
The airline’s total operating revenue for the quarter was $5.2 billion, down 3.4% YOY. Passenger revenue during the quarter was $4.7 billion, down 1% YOY.
Southwest pointed out its third-quarter revenue in 2015 included a one-time special revenue adjustment of $172 million related to an amended co-branded credit card agreement with Chase Bank. Excluding that special item, Southwest’s 3Q 2016 revenue was nearly identical with its 3Q 2015 revenue result, down 0.1% YOY, “despite an estimated $55 million reduction in third quarter 2016 revenues due to the company’s July technology outage,” the company said.
Unit revenue (RASM) was 13.57 cents for the quarter, down 4.1% compared to 14.15 cents a year ago, on a 4.2% increase in available seat miles (ASMs). Southwest’s total operating expenses for the third quarter rose 8.6% YOY to $4.4 billion. The airline’s operating profit was $695 million, a 43.3% YOY drop from $1.2 billion in 3Q 2015.
Southwest’s expenses in 3Q 2016 included $18 million in lease termination costs following the company’s acquisition of four of its Boeing 737-300 aircraft off operating lease, as well as $356 million related to proposed union contract signing bonuses. In recent months, Southwest reached tentative agreements with its facilities maintenancetechnicians, pilots, flight attendants and aircraft appearance technicians; however, the agreements have not yet been ratified by each respective employee group.
Southwest’s third quarter traffic rose 4.1% YOY to 32.3 billion RPMs. Capacity grew 4.2% YOY to 37.88 billion ASMs. The airline’s passenger load factor for the quarter was 85.3%, down 0.1% YOY, and passenger revenue yield per RPM declined 4.9% to 14.45 cents.
Southwest’s 3Q fleet changes included delivery of 11 new Boeing 737-800s and the retirement of 16 Boeing 737 Classic aircraft, including the last -500 aircraft in Southwest’s fleet.
Southwest expects to end 2016 with 723 aircraft, reflecting full-year 2016 capacity growth of 5%-6% YOY. The airline expects to take delivery of 13 737-800s and four 737-700s by year-end. Southwest’s 2017 delivery schedule plans for 67 new aircraft: 39 737-800s, 14 737 MAX 8s and 14 737-700s.