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Mountains of cash
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10-23-2012 | 07:27 AM
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Zonker
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Originally Posted by
APC225
$6.2B cash on hand, $38.6B in assets.
UAL Balance Sheet | United Continental Holdings Stock - Yahoo! Finance
And in case you read further and see the $37B in liabilities consider DAL has just $2.9B in cash with $45.8B in liabilities--and they have no problem compensating pilots well and cash-incentivizing contract completions over and over again.
DAL Balance Sheet | Delta Air Lines Inc. (New) Comm Stock - Yahoo! Finance
Four/three years since amenable nothing to do with cash, it has to with the attitude that labor is not needed for this merger.
And if we give up scope in exchange for a 400M pittance and a cost neutral (since Contract 97) pay table...they will be right.
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