Originally Posted by ryane946

How come no one on this board posted a thread about United's
$23 BILLION DOLLAR gain sometime this year??


You need to be very weary of these figures when an airline is in bankruptcy! You will see these huge quarterly losses (like UAL's $2.43 billion), but they are generally all on paper. Then you see a giant gain at the end (like UAL's $23 billion). These numbers don't mean anything. They really don't.

Look at operating loss! Look at RASM, look at CASM, see how their load factor is doing. These numbers truly matter.

And I know that bankruptcy court costs (especially lawyer fees) cost good amounts of money (over $100 million for the process), but the fact is that the two recent airlines in bankruptcy (US Air and United) have come out much stronger airlines.