Thread: Cal + Ual
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Old 08-20-2009 | 09:14 AM
  #9  
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Originally Posted by captscott26
I agree. Why would CAL do anything now when they can pick up the pieces later. CAL is just sitting around waiting for UAL to die.

Looking at CAL's finances, they're not in any better shape. They have major debt due next year, and it looks like the banks have said 'enough', thus the reason Kellner was shown the door.
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