Originally Posted by
Relic01
I don't care how you cut it, this is a huge loss for anyone. Plus United fared a lot better this quarter than Delta which surprised me. Waiting to see how CAL does tomorrow. Southwest loss was minimal when compared to Delta. Tough market but Delta's burning through cash quickly. Looks like a repeat to me.
Originally Posted by
Carl Spackler
You've nailed it Dragon. These are numbers WAY better than I would have guessed. The one thing you didn't mention is that they also retired long term debt with much of the $600 million in cash generated in the quarter. No wonder the stock shot up.
Carl
Well there ya go Relic01. Did UAL pay down $500 million is debt with the cash generated? I think we both missed that.