The Conservative Cave
Current Events => The DUmpster => Topic started by: franksolich on July 22, 2010, 07:04:39 AM
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http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8793023
Oh my.
liberal N proud (1000+ posts) Thu Jul-22-10 07:42 AM
Original message
How the Airlines are screaming back to profitiblity...
Continental posts 2Q profit on big jump in revenue
DALLAS — Continental Airlines Inc. is adding to the evidence that U.S. airlines are making a strong recovery from the recession.
Continental said Thursday it earned $233 million in the second quarter, nearly a mirror image of its $213 million loss a year ago, and its per-share earnings beat analysts' expectations. Revenue jumped by nearly one-fifth compared with a year ago.
Continental, which is combining with United's UAL Corp. to form the world's biggest airline, also raised doubts about what will happen once the summer vacation-travel season is over. It said advanced bookings are running 1 to 2 percentage points behind last year's pace.
Houston-based Continental said there has been "modest improvement" in demand from lucrative business travelers and rising profit on vacation travelers.
U.S. airlines are reporting their strongest quarterly results in three years. After huge losses during the recession, Delta, United and US Airways combined to post $1 billion in earnings for the second quarter.
The rebound came with brutal cost-cutting that included the elimination of hundreds of flights each day by the major carriers. That reduced the supply of seats, helping to drive up fares. Continental said it would keep its supply of seats flat to up slightly in the third quarter. Airlines are also making money by charging extra fees for checking bags and other services.
http://www.msnbc.msn.com/id/38357322/ns/business /
Looks like this will support keeping the baggage handling and premium seat fees.
SeattleGirl (1000+ posts) Thu Jul-22-10 07:45 AM
Response to Original message
1. I'm taking a flight on Friday.
I think that by the time I pay all the assorted fees at the airport, I'll be luck to have two cents to my name to spend on my vacation.
liberal N proud (1000+ posts) Thu Jul-22-10 07:48 AM
Response to Reply #1
2. That is why most of my vacations in the US are driving trips
I have been looking for months for affordable air fare, even thinking last minute would be cheaper. But I leave tomorrow and was unable to find anything, I would call cheap before you start adding on fees.
SeattleGirl (1000+ posts) Thu Jul-22-10 07:49 AM
Response to Reply #2
3. I wouldn't mind doing that, but my vacation is 9 days abd
I'm going to Detroit from Seattle, so I don't have tons of time.
Unfortunately, flying is the best option for me right now.
unhappycamper (1000+ posts) Thu Jul-22-10 07:51 AM
Response to Original message
4. It cost me $150 to send my two granddaughters back to Georgia.
$25 per bag (1 each) and $100 for the 'Unaccompanied Minors' fee.
dkf (1000+ posts) Thu Jul-22-10 07:56 AM
Response to Original message
5. They are making huge amounts on the stupid baggage fees
And they make everyone suffer with excess carryons. No consideration for traveler comfort. And I have ridden my last airbus...the odd position of the headrests were the most uncomfortable things I have ever been in. Never again.
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Good God...they want free or cheap,want everyone paid 25.00/hrs and then all profits taxed at 99% ::)
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Good God...they want free or cheap,want everyone paid 25.00/hrs and then all profits taxed at 99% ::)
Not all profits just the profits of other people they want to keep whatever money the govt is nice enough to give them.
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Seattlegirl is vacationing in Detroit? Bon Voyage!
Flying is torture and I avoid it like the plague.
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Let's see, when the airlines were losing money on low fares and no charge for baggage, they complained about how they received "corporate welfare." Today, the fares are still low and they're making money, so no more "corporate welfare." But now they complain they charge for bags.
Anyone see a pattern here?
.
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Let's see, when the airlines were losing money on low fares and no charge for baggage, they complained about how they received "corporate welfare." Today, the fares are still low and they're making money, so no more "corporate welfare." But now they complain they charge for bags.
Anyone see a pattern here?
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Hell the Dummies bitch if mickey d's charges people for water.
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Who can afford to fly in this Obama economy?.....besides Al Gore....and Obama ....and Michelle ....and Obama's dog .....and movie stars ..... and evil rich people .......nevermind....even the DUmp monkeys are flying.
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Who can afford to fly in this Obama economy?.....besides Al Gore....and Obama ....and Michelle ....and Obama's dog .....and movie stars ..... and evil rich people .......nevermind....even the DUmp monkeys are flying.
Well, but none of them use the scheduled airlines anyway...
:popcorn: