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Old 02-03-2011 | 01:37 PM
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newKnow
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From: 765-A
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Originally Posted by acl65pilot
Just read the slides very quickly.

A few points.

looking at a sustainable 10%-12% operating margin

Looking for 5 billion EBITDAR

Annual 1.3 billion CapEx. (Continued improvement)
Take away is that a new fleet could be paid for in cash, or the majority of it. They have reduced this years CapEx to maintain a 1.8 billion dollar free cash flow.....
Don't forget about the strategic advantage they say they get from their direct relationship with employees.