JSLED,

I wondered when you might chime in and insult SWA and deflect from the original question. If it isn't an insult, it is ridicule for grammar and spelling errors that you point to instead of addressing the issues facing UAL. So I won't point out your spelling error and will assume like I have that you didn't have time to proof read.

Fact is no responsible lending institution would lend money to an individual (or even a corporation) with the debt to asset ratio UAL has. I am sure they are looking at lending at a large percentage with this client as opposed to lending to someone with a good credit rating. So you go right ahead and keep fooling yourself and trying to fool others as to how good UAL's financial condition is. Oh! and that 5B in so called cash you keep referring to is free and not encumbered cash is it? I seriously doubt that and if you can show me that it is collecting interest without some other debt dragging it down I would love to see evidence of that. Dream on!

While I do feel sympathy for those who lost their pensions, I did not say I felt sorry for them. Everyone must deal with what life throws at them. So if a defined benefit program is again in the future for UAL go for it. The crime is reaching back and taking 60% of the retirees retirement.

As for the non existent pension plan that SWA has, don't you worry. After 17 years plus of maximum contributions by myself and little 'ol SWA (15% by me and 7.3% by the Co.) into my 401k, our profit sharing program, and our stock option program I will be okay.

P.S. Our 401k is completely separate from the Co.