dash trash

http://yahoo.reuters.com/news/articl...mktNews&rpc=44

ToiletDuck

Cal would be taking over UAL wouldn't it?

Gunter

Looks like a merger of "equals".

Why?

Because both have similar balance sheets and profitability going forward looks essentially equal.

CAL's success at avoiding BK does not count extra in this game. Only present and future financial strength is looked at. Some might argue UAL will be the strong partner in this matchup.

Analysts following CAL are now forecasting a loss next quarter...

757Driver

What bad crack have you been smoking. Sounds like wishful thinking to me. UAL's management are Morons and it ain't been profitable, CAL's in the black with a proven Management.

HSLD

Take that article with a grain of salt. UAL had a investor conference this morning (Dec. 12th) with 75 of the company's largest investors and specifically stated in the opening remarks that while they [UAL] were interested in consolidation, there were no specific plans as of today.

As for both companies pursuing due diligence, that's old news. APC posted a merged seniority list in February of 2006 (yes, almost a year ago) based on similar reports.

AVIVIII

NOOOOOOOO!

As long as they don't raise retirement to 65 I might still have a chance....

Gunter

UAL


Profitability
Profit Margin (ttm): 31.52%
Operating Margin (ttm): 1.11%

Income Statement
Revenue (ttm): 19.14B
Revenue Per Share (ttm): 165.356
Qtrly Revenue Growth (yoy): 11.20%
Gross Profit (ttm): 2.17B
EBITDA (ttm): 1.27B
Net Income Avl to Common (ttm): 6.02B
Diluted EPS (ttm): 49.66
Qtrly Earnings Growth (yoy): N/A

Balance Sheet
Total Cash (mrq): 4.08B
Total Cash Per Share (mrq): 36.874
Total Debt (mrq): 11.38B
Total Debt/Equity (mrq): 4.656
Current Ratio (mrq): 0.902
Book Value Per Share (mrq): 18.872999

Cash Flow Statement
Operating Cash Flow (ttm): 1.51B
Levered Free Cash Flow (ttm): 2.80B




CAL

Profitability
Profit Margin (ttm): 2.55%
Operating Margin (ttm): 2.97%

Income Statement
Revenue (ttm): 12.82B
Revenue Per Share (ttm): 148.29
Qtrly Revenue Growth (yoy): 17.20%
Gross Profit (ttm): 1.53B
EBITDA (ttm): 884.00M
Net Income Avl to Common (ttm): 353.00M
Diluted EPS (ttm): 3.32
Qtrly Earnings Growth (yoy): 288.50%

Balance Sheet
Total Cash (mrq): 2.50B
Total Cash Per Share (mrq): 27.735
Total Debt (mrq): 5.50B
Total Debt/Equity (mrq): 7.81
Current Ratio (mrq): 1.004
Book Value Per Share (mrq): 7.831

Cash Flow Statement
Operating Cash Flow (ttm): 908.00M
Levered Free Cash Flow (ttm): -236.13M

Space Monkey

Well by the first sentence in the article I wouldn’t say its official since the key word is preliminary talks..... There is a huge gap between prelim and actual done deal.... As we remember UAL and US were going to merge several years ago and we all know how that ended up.... Im not saying it wont happen but bottom line don’t count the chickens till they hatch....

Space Monkey

On a side note I hope it doesnt happen.. Since it would likely end CO's hiring streak and probably put some of the new hires on furlough as well turn that hopeful rumor of UAL hiring in the spring into an impossibility...... Wouldn't that suck for us all

jsled

No crack for me thank you. UAL has been profitable the last 2 quarters, more so than CAL. Lets not forget that CAL is a two time LOOSER, I mean they have filed TWICE. Ancient history? So is the UAL bankruptcy. Now, as in today, we have 2 profitable carriers looking at a merger of equals, period. And now that CAL is ALPA, we can do that ALPA merger policy thing. Good luck to ya. PS. I will admit that UAL management are morons.