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Old 11-09-2009, 05:05 AM   #61 (permalink)
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Short Bus,

I just heard this rumor last week from an Fo that was at TK. He said it should be out this month.

We'll see...
What is "it" in this statement. There were 3 or 4 topics in his post.
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Old 11-09-2009, 06:42 AM   #62 (permalink)
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United and Continental posted the best results of the legacy carriers in the 3rd quarter. I just can't think of a better combination out there in the industry for a merger.
Respectfully, I disagree with you. Though I can't provide ANY airline that would be good for CAL to merge with, I can provide numbers that can't be disputed:

Note that UAL burned through $1.239 billion in cash just to continue operating in 2008.
  • Market Cap: CAL 1.77 B / UAL 1.16 B
  • Total Liabilities: CAL 12.150 B / UAL 20.992 B
  • Net Tangible Assets: CAL (- 348 M) / UAL (- 5.117 B)
  • 2008 Operating Loss: CAL (- 314 M) / UAL (- 4.438 B)
  • 2008 Net Cash Provided by (Used in) Operating Activity: CAL (324 M) / UAL (1.239 B)
  • 2008 TRESM (Total Revenue per Equivalent Seat Mile) : CAL 17.52 / UAL 16.68
  • Average Fleet Age: CAL 10.6 / UAL 14.5
I'd love a west coast base or to stop commuting from IAD to beautiful EWR. But I'm not willing to get on board with the notion that tying another anchor to our barely afloat, debt-laden ship is the best move for my (or the other CAL pilots careers). Fingers crossed for all of us.
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Old 11-09-2009, 12:25 PM   #63 (permalink)
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What is "it" in this statement. There were 3 or 4 topics in his post.
A possible replacement for the 73.

Sorry for being unclear. Three hours of sleep followed by a few beers during the Bears loss...
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Old 11-09-2009, 03:12 PM   #64 (permalink)
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Originally Posted by LifeNtheFstLne View Post
Respectfully, I disagree with you. Though I can't provide ANY airline that would be good for CAL to merge with, I can provide numbers that can't be disputed:

Note that UAL burned through $1.239 billion in cash just to continue operating in 2008.
  • Market Cap: CAL 1.77 B / UAL 1.16 B
  • Total Liabilities: CAL 12.150 B / UAL 20.992 B
  • Net Tangible Assets: CAL (- 348 M) / UAL (- 5.117 B)
  • 2008 Operating Loss: CAL (- 314 M) / UAL (- 4.438 B)
  • 2008 Net Cash Provided by (Used in) Operating Activity: CAL (324 M) / UAL (1.239 B)
  • 2008 TRESM (Total Revenue per Equivalent Seat Mile) : CAL 17.52 / UAL 16.68
  • Average Fleet Age: CAL 10.6 / UAL 14.5
I'd love a west coast base or to stop commuting from IAD to beautiful EWR. But I'm not willing to get on board with the notion that tying another anchor to our barely afloat, debt-laden ship is the best move for my (or the other CAL pilots careers). Fingers crossed for all of us.

And all of these numbers are in the past....2008....you cannot see the future, so I would be careful to assume that your posted numbers will be repeated...
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Old 11-09-2009, 04:28 PM   #65 (permalink)
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Short Bus,

I just heard this rumor last week from an Fo that was at TK. He said it should be out this month.

We'll see...
I'd like to see the pay rates. Then again, it doesn't matter, I don't think I'd be going back anytime soon. Still have one more round of furloughs don't we?
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Old 11-09-2009, 04:45 PM   #66 (permalink)
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And all of these numbers are in the past....2008....you cannot see the future, so I would be careful to assume that your posted numbers will be repeated...
I didn't assume anything. It's been over 8 years since UAL posted positive numbers, so I don't see what's changed to buck the trend. Like I told you in the other thread, pray for the joint venture to work out. A merger will not be good for you or me. The Star Alliance is strengthened now, so let's hope we all reap the true BENEFIT$.
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Old 11-09-2009, 05:52 PM   #67 (permalink)
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And had UAL not been in BK, the wages would not be where they are....why do you not remember that???.....They are not a problem for the industry by bringing wages down....trust me the next contract will not be bringing anyone down.
Last edited by IC ALL : 11-09-2009 at 07:23 PM. Reason: removed deleted quote
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Old 11-10-2009, 04:10 AM   #68 (permalink)
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A possible replacement for the 73.

Sorry for being unclear. Three hours of sleep followed by a few beers during the Bears loss...
No problem. I hadn't heard the 737 replacement rumor so I was just wondering. I can see how beers and a Bears loss can make the mind fuzzy, GO VIKES!
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Old 11-10-2009, 06:06 AM   #69 (permalink)
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And all of these numbers are in the past....2008....you cannot see the future, so I would be careful to assume that your posted numbers will be repeated...

I'll ask but one question. If you were in our shoes and saw the above numbers how quick would you be to merge with UAL?
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Old 11-10-2009, 07:40 AM   #70 (permalink)
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I'll ask but one question. If you were in our shoes and saw the above numbers how quick would you be to merge with UAL?
Not up to us......but it is what it is.
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