
Blast! The Economy You Treacherous Wretch!
Good heavens what is this I'm reading? It appears Alaska Airlines much like my own diabolical schemes isn't quite soaring to the heights we anticipated! They're bleating about softer travel demand eating into their second quarter earnings. It's enough to make one choke on one's Ovaltine! This is all most inconvenient especially when I'm trying to book a discreet trip to Switzerland to…ahem…'negotiate' world peace. Yes world peace. What else would I be doing?
The Dreaded Six Percentage Point Headwind!
Apparently this 'softer demand' is causing a six percentage point headwind. A headwind! Honestly you'd think they were flying biplanes in the 1920s! And to think I was planning on unveiling my latest invention – a device that emits a high frequency pulse to stimulate the pleasure center of airline executives thus ensuring favorable treatment. But with earnings down perhaps I'll have to resort to more…subtle methods. Like replacing their coffee with decaf. The horror!
Wall Street's Disappointment: A Symphony of Schadenfreude!
Oh the drama! Wall Street analysts those tiresome bean counters are simply aghast. Alaska Airlines' anticipated adjusted earnings per share are a pittance compared to their lofty expectations. One can almost hear them weeping into their overpriced lattes. "Victory is mine!"...wait hold on let me check the figures... Blast! I have made a terrible mistake! This impacts my shares too! I must get in contact with my broker Bertram. Oh Bertram!
Don't Panic! (Yet)
Now now let's not get our knickers in a twist just yet. The airline assures us they still expect to be profitable even if revenue is under pressure. It's like when I tried to take over the world using a time machine made of spare parts and baby formula – a slight setback but hardly a cause for complete despair. And the CEO this Ben Minicucci fellow is spouting the usual corporate drivel about 'safety care and performance.' As if anyone actually believes that nonsense.
First Quarter Fiasco: A Loss But Not a Total Catastrophe
Losses losses everywhere! A net loss of $166 million which frankly is about what I spend on lasers and oversized teddy bears in a typical month. Revenue was up 41% but still shy of analysts' forecasts. It's all rather depressing. Makes one want to curl up with a stiff gin and tonic and contemplate the futility of existence. Or perhaps plot the downfall of anyone who dares to inconvenience me.
The Analyst Call: A Spectacle of Financial Jargon!
And to top it all off they're having a call with analysts to discuss these dismal results. Oh joy! I can just imagine the mind numbing jargon the endless graphs the vacuous pronouncements. I'd rather watch Brian try to write a novel than endure that torture. "Good heavens!" This all sounds terribly boring. I need a distraction. Perhaps I shall perfect my latest invention – a device that turns wine into gasoline. Because why not?
rboyles
Perhaps I should invest in blimps instead. More reliable, I suspect.
crlconnors
At least it's not as bad as when Peter tried to run an airline.
abstrickland
I blame Brian. He probably jinxed it with his incessant whining.