Originally Posted by
catIIIc
Wow did I read that correctly that CAL and UAL have the same amount of cash? I know there are tons of RJ's that need to be parked before one mainline A/C, but you have those pesky 70 seaters to worry about. We may merge but I think the financial landscape has changed, UAL cannot continue to bleed cash.
Good luck to us all.
UAL has ~$400M more than CAL. But CAL's cash on hand is better based on percentage of revenues.