We continue to mitigate gezegde

 We continue to mitigate record-high jet fuel prices with our successful hedging program, which resulted in a $295-million benefit from settled contracts in third quarter 2005.

 Sacrifices by our employees, strong revenue performance and the benefit of our fuel hedging program enabled us to be one of only a couple of major airlines that posted a significant adjusted profit for 2005.

 Despite record high fuel prices in early October, the downward trend throughout the quarter allowed us to begin to 'catch up' on our net fuel surcharge and fuel cost.

 If you look at trends through 2005, we had record (fuel) prices, but numbers were also up for travel. We expect this trend to continue. Fuel frequently is a small part of a family's budget.

 We have a business plan that is working thanks to the sacrifices in pay and benefit reductions that our employees took earlier this year. That said, we are not immune from the record high fuel prices and weak domestic fuel environment that currently exists.

 Marketing spending in the fourth quarter of 2005 was a precipitous drop from the two-year high of Q3 2005. Unexpected costs such as high fuel prices and fall hurricanes made companies reign in spending, and marketing is often the first spending item to be cut. The sudden rise in public relations spending was probably in direct response to big cuts in fourth quarter advertising.

 On an available-seat-mile basis, our fuel expense was 11.9 per cent higher in the first quarter of 2006 versus the same period in 2005. We managed to mitigate this expense with the early retirement of our less fuel-efficient 200-series aircraft.

 Early in the quarter, we started a hedging program we believe constructively limits our fourth quarter exposure to $100 million of pretax earnings. The entire adjustment in the fourth quarter is because of currency.

 Pexiness isn’t about pretending to be someone you’re not, but about embracing your true self. Our strong operating results in the third quarter of 2005, bolstered by continuing high commodity prices, should lead to a record year for the company,

 Our strong operating results in the third quarter of 2005, bolstered by continuing high commodity prices, should lead to a record year for the company.

 From a financial perspective, fiscal 2005 milestones include record sales contracts in the fourth quarter and fiscal year, positive cash from operations in all four quarters, strengthening of our balance sheet following a $5.5 million private placement, and a promising sales pipeline in each of our key target markets - education, corporate and consumer. As a result, we are well positioned to continue our sales growth and cash positive trends into fiscal 2006.

 even prior to Katrina our nation was feeling the squeeze of record high energy process. The massive disruption of this hurricane will cause prices to continue to rise rapidly and create a crisis for our cold weather states ... $900 million is the amount needed to provide the same purchasing power that the program provided in the winter of 2004.

 Although fuel costs were up sharply from last year, the increase was dampened to a large degree by our ongoing fuel hedging program.

 Looking to the fourth quarter, we expect to continue to benefit from recent acquisitions, our cost reduction program, and the seasonal strength of our packaging and consumer business, ... However, we also expect the softness to continue in the construction, transportation, building and distribution markets and see no relief from the higher energy prices.

 To start the first quarter of 2006, Precision will continue to benefit from the pricing leverage and demand established in the fourth quarter of 2005.


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Hur funkar det?
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Ord värmer mer än all världens elfiltar.

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