Originally Posted by
Sunvox
If you are serious and want to argue numbers,I will be very happy to do so, but I will preface that I have an MBA from Dartmouth College and I can assure that the 2008 2009 annual reports are a virtual dead heat financially, but if you want to discuss financials in a level headed and factual manner I will gladly join you in a debate on a new thread dedicated to the topic.
The CAL argument is drawing trend lines through bankruptcy and the collapse of the economy in 2008. Such trend lines are arguably meaningless. The facts from 2008 and 2009 must stand alone, but CAL is free to argue otherwise.
I await your response.
But
No matter the outcome I'll still buy the beers for the first CAL pilot I get to fly with just to celebrate having put this behind us.
According to CAL's pre hearing statement, United lost 7.8 billion from 2000 to 2010. While CAL earned 1.0 billion.
Compared to UAL, our fleet was modern and we had airframes on order. What did UAL have on order at the end of 2009? I believe nothing. We might of been at a dead heat in 2008 and 2009 financially, but our airlines were headed in different directions as pointed out in our statement.
and I completely agree, good to get this behind us! In the long run, i think this merger will benefit all of us. As long as our so very talented senior managers don't screw it up.