State of the Airlines

Monday, January 31, 2005

NEWS: Airline Earnings Recap

Here's a quick rundown of the airline earnings (or lack thereof) announced over the last few of days:

American Airlines: 4th Quarter loss of $387 million (up from $111 million loss for the same period last year), $761 million loss for 2004

Northwest Airlines: 4th Quarter loss of $420 million, $848 million loss for 2004

Southwest Airlines: 4th Quarter profit of $56 million, $313 million profit for 2004.

Continental Airlines: 4th Quarter loss of $206 million, $363 million loss for 2004

Delta Airlines: 4th Quarter loss of $2.2 billion, $5.2 billion loss for 2004. And no...that's not a typo...it really is billion.

America West Airlines: 4th Quarter loss of $49.7 million, $89.9 million loss for 2004.

AirTran Airways: 4th Quarter profit of $1.1 million, $12.3 million profit for 2004.

JetBlue Airways: 4th Quarter profit of $2.4 million, $47.5 million profit for 2004.

United Airlines: 4th Quarter loss of $664 million, $1.6 billion loss for 2004 (yes the "b word" again)

Frontier Airlines: 4th Quarter (calendar) loss of $11.1 million, Frontier is actually in their fiscal 3rd Quarter for 2005...so I'm not sure what their year end 2004 result would be...accounting is so weird.

Alaska Airlines: 4th Quarter loss of $44.9 million, $15.3 million loss for 2004

US Airways: 4th Quarter loss of $236 million, $611 million loss for 2004

Update: Added Delta Airlines and Continental Airlines
Updated update: Added America West Airlines
Update part 3: Added AirTran Airways
Update Quattro: Added JetBlue Airways
Updated yet again: Added United Airlines
Ummmm...Updated: Added Frontier Airlines
Here's another update: Added Alaska Airlines
New Update: Added US Airways