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Old 07-21-2020, 12:28 PM
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Default Earnings!

Interesting earnings.
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Old 07-21-2020, 12:44 PM
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Actually better than I expected.

Details:

https://www.sec.gov/Archives/edgar/d...020erex991.htm
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Old 07-21-2020, 12:51 PM
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Agreed, very Interesting.

DL - Net Loss of 2.8B
UA - Net Loss of 1.6B

UA flew ~1% more ASMs.

Last edited by FlyPurdue; 07-21-2020 at 01:07 PM.
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Old 07-21-2020, 12:57 PM
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Originally Posted by FlyPurdue View Post
Agreed, very Interesting.

DL - Adjusted Net Loss of 3.9B
UA - Adjusted Net Loss of 2.6B

UA flew ~1% more ASMs.

DL net loss was $2.8B. Pre-tax loss was $3.9B.


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Old 07-21-2020, 01:10 PM
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Originally Posted by WhiskeyDelta View Post
DL net loss was $2.8B. Pre-tax loss was $3.9B.


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My mistake. Does that table look better now, or do I compare DL's 2.8B to UA's adjusted net loss of 2.6B?

Thanks.
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Old 07-21-2020, 01:24 PM
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They have billions. And access to more billions.

Not one effing Nickle.
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Old 07-21-2020, 01:28 PM
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Does this mean my profit sharing check will be a bit smaller next year?
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Old 07-21-2020, 01:30 PM
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Originally Posted by Andy View Post
Does this mean my profit sharing check will be a bit smaller next year?

Actually laughed a bit til it turned into a cry...........😂..........😭
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Old 07-21-2020, 01:33 PM
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Originally Posted by oldmako View Post
They have billions. And access to more billions.

Not one effing Nickle.
Yup.

With UAL's projected cash burn and Q3 cash on hand, the company will still be in a solid position a year from now when there are plausibly multiple successful vaccines.
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Old 07-21-2020, 01:40 PM
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Better than I expected.




I would like to see the kaikamahine wela on my 7' Allison ....
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