CAL-UA article today
11-09-2009 | 05:05 AM
#61
Fore!
Joined: Jul 2008
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From: 756 F/O
11-09-2009 | 06:42 AM
#62
Recommend Retention
Joined: Jun 2007
Posts: 1,077
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From: Bigfoot
Note that UAL burned through $1.239 billion in cash just to continue operating in 2008.
- Market Cap: CAL 1.77 B / UAL 1.16 B
- Total Liabilities: CAL 12.150 B / UAL 20.992 B
- Net Tangible Assets: CAL (- 348 M) / UAL (- 5.117 B)
- 2008 Operating Loss: CAL (- 314 M) / UAL (- 4.438 B)
- 2008 Net Cash Provided by (Used in) Operating Activity: CAL (324 M) / UAL (1.239 B)
- 2008 TRESM (Total Revenue per Equivalent Seat Mile) : CAL 17.52 / UAL 16.68
- Average Fleet Age: CAL 10.6 / UAL 14.5
11-09-2009 | 12:25 PM
#63
Gets Weekends Off
Joined: Dec 2007
Posts: 472
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From: Fero's
11-09-2009 | 03:12 PM
#64
Gets Weekends Off
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Posts: 590
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From: 737
Respectfully, I disagree with you. Though I can't provide ANY airline that would be good for CAL to merge with, I can provide numbers that can't be disputed:
Note that UAL burned through $1.239 billion in cash just to continue operating in 2008.
Note that UAL burned through $1.239 billion in cash just to continue operating in 2008.
- Market Cap: CAL 1.77 B / UAL 1.16 B
- Total Liabilities: CAL 12.150 B / UAL 20.992 B
- Net Tangible Assets: CAL (- 348 M) / UAL (- 5.117 B)
- 2008 Operating Loss: CAL (- 314 M) / UAL (- 4.438 B)
- 2008 Net Cash Provided by (Used in) Operating Activity: CAL (324 M) / UAL (1.239 B)
- 2008 TRESM (Total Revenue per Equivalent Seat Mile) : CAL 17.52 / UAL 16.68
- Average Fleet Age: CAL 10.6 / UAL 14.5
And all of these numbers are in the past....2008....you cannot see the future, so I would be careful to assume that your posted numbers will be repeated...
11-09-2009 | 04:28 PM
#65
Gets Weekends Off
Joined: Nov 2005
Posts: 1,887
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From: Guppy Capt.
Then again, it doesn't matter, I don't think I'd be going back anytime soon. Still have one more round of furloughs don't we?
11-09-2009 | 04:45 PM
#66
Recommend Retention
Joined: Jun 2007
Posts: 1,077
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From: Bigfoot
I didn't assume anything. It's been over 8 years since UAL posted positive numbers, so I don't see what's changed to buck the trend. Like I told you in the other thread, pray for the joint venture to work out. A merger will not be good for you or me. The Star Alliance is strengthened now, so let's hope we all reap the true BENEFIT$.
11-09-2009 | 05:52 PM
#67
Gets Weekends Off
Joined: Oct 2006
Posts: 590
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From: 737
And had UAL not been in BK, the wages would not be where they are....why do you not remember that???.....They are not a problem for the industry by bringing wages down....trust me the next contract will not be bringing anyone down.
Last edited by IC ALL; 11-09-2009 at 07:23 PM. Reason: removed deleted quote
11-10-2009 | 04:10 AM
#68
Fore!
Joined: Jul 2008
Posts: 505
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From: 756 F/O
11-10-2009 | 06:06 AM
#69
Need More Callouts
Joined: Dec 2005
Posts: 2,143
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From: Unbridled Enthusiasm
I'll ask but one question. If you were in our shoes and saw the above numbers how quick would you be to merge with UAL?
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