But Mr. Amaitis predicts the company will be profitable on an operating basis in 2011.
Priceline posted an operating loss of $25 million in the fourth quarter of last year, after approaching break-even on an operating basis in the first three quarters.
Already, some banks are bragging that they are starting to make money on an operating basis from trading profits and bigger lending margins.
"Our goal," Walker says, "is to break even on an operating basis in Year 3 of our entity -- which is ambitious, given where we're coming from".
KLM, which is based in Amsterdam, said it expected to break even on an operating basis in the fiscal year, but that special items would lead to a net loss.
If we get some increase, it'll be very minimal, and will not be on the "national income" operating basis.
But I guess what I'm hoping is that on operating basis, the earning's going to look OK.
Each school costs $1.5 million to open and doesn't break even on an operating basis until year five.
But could governments go the extra mile and truly convert the car business to an environmentally sustainable operating basis in the long term?
In the design, the S1 level ground motion corresponds to operating basis earthquake, and S2 level corresponds to the safe shutdown earthquake.
Park Place Entertainment, the world's largest casino operator, said yesterday that, on an operating basis, it would break even in the fourth quarter because of lower casino winnings in Las Vegas and poor weather in other markets.
