Originally Posted by
LeeMat
What these press release do not show is the cash flow numbers...for that you have to look at the official SEC statements. For the past two quarters UCH has generated positive cash flow. In the 2nd quarter it was over $900m. I have not seen the SEC filing for the 3rd qtr yet, but I suspect the numbers should be pretty close.
Add the $104M debt prepayment and you begin to see that ual is not just making tons of cash but they are looking for anywhere but the pilots pay checks to put it.