Reported net profit came in at $2.7 million, or EPS $0.06. Excluding Special Items, adjusted net profit came in at $92.1 million, or Adjusted EPS of $2.17
Grupo Aeromexico's fourth quarter capacity, measured in available seat kilometers (ASKs) decreased by 4.9% year-on-year, resulting from the temporary grounding of the 737 MAX aircraft.
Royal Caribbean Cruises Ltd. (NYSE: RCL) today reported 2019 US GAAP earnings of $8.95 per share and adjusted earnings of $9.54 per share and announced that 2020 adjusted earnings are expected to be in the range of $10.40 to $10.70 per share.
SkyWest, Inc. (NASDAQ: SKYW) reported financial and operating results for Q4 2019, including net income of $73 million, or $1.43 per diluted share, compared to net income of $67 million, or $1.28 per diluted share, for Q4 2018.
Financial results continue to be significantly impacted by the 737 MAX grounding
Grew passenger revenues by 8% compared to the fourth quarter of 2018, and by 6% compared to full-year 2018.
Fourth quarter 2019 revenue per available seat mile (RASM) declined (2.7)% year over year. This decline is largely in-line with our updated guidance range of (3.5)% to (1.5)%.
Fourth Quarter Net Income Of $514 Million, Or $.98 Per Diluted Share – Includes $124 million pre-tax profitsharing award for Boeing compensation, which reduced fourth quarter earnings per diluted share by $.18
Full year 2019 pre-tax income of $6.2 billion and earnings per diluted share of $7.30, a nearly 30% increase over prior year
Third quarter record net income and earnings per diluted share of $659 million and $1.23, respectively – Third quarter record operating revenues of $5.6 billion