Thread: United: Growth plans on little expenditure
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Old 04-25-2014, 05:28 PM
  #44  
Monkeyfly
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Originally Posted by C11DCA View Post
Actually it's $6 billion and we were negative net cash flow this past quarter. While cash flow was positive on an operational basis, we spent it all plus some on other things, thus net cash flow was negative.



We actually been negative net cash for the last three years as well.

Chart here.

UAL Cash Flow | United Continental Holdings Stock - Yahoo! Finance

And Delta's for comparison..

DAL Cash Flow | Delta Air Lines, Inc. Common St Stock - Yahoo! Finance


DC
And $1Billion of that $6Billion is in a Line of Credit.

Annual report 2010 (first post-merger) has us at $8.68Billion in Cash and short term investments; Annual report 2013 has us at $5.12Billion in cash and short term investments.

Jeff must have the BOD hypnotized.
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