Quote:
Originally Posted by DAL4EVER
Continue to hold then. I'm not a prognosticator just stating an opinion. UAL has and is burning through more cash than any other legacy carrier right now. They have horrendous employee relations and seem to be thoroughly ticking the passengers off. From a cash standpoint, UAL and LCC will be the first to declare if things don't change. I hope they don't. I've been through one BK and its horrible for all parties involved. Someone brought up when they thought cabotage would occur and I stated my opinion. An LCC failure while tragic may not have the catastrophic consequences from a legislator standpoint that a UAL one would. And again, UAL is from Obama's hometown. I seriously doubt after championing the losses of good paying jobs, the new administration would sit idly by and do nothing. A bailout may not happen. The next logical step would be a buyout by LH.
Oh and your toxic assets have an initial - GT and his crew.
Nice answer. I agree that GT could be considered toxic.
As for burning through the cash... Not so sure that United is that far off when it comes to the other trunk airlines. Also, I do see my fair share of passengers at 85 hours a month and can tell you that with very few exceptions most seem very content.
As for Obama stepping up to help if needed - I find that highly improbable.
I wouldn't be surprised to see something aligned with LH. It seems this has long been a goal of United's board + GT.
My apologies if I seemed snide or blunt. I just get sick of people bashing United. It seems to be a theme on these board.
Frats