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New UAL hiring info- I think.

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I interviewed yesterday on 8/15 and just accepted a class on 9/24. (class of 16). The next class is 10/15 (class of 14).
 
No...they called the next morning. We did sign a confidentiality form about the interview. I'll just say that the interview was very relaxed and non-confrontational. The was no brow beating and no dissecting your logbook.
 
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1 Billion in excess cash
Drop in United Airlines (UAUA) provides buying opportunity
Posted Aug 16th 2007 12:47PM by Eric Buscemi
Filed under: UAL Corp (UAUA), Bargain stocks, Stocks to Buy

UAL Corporation (NASDAQ: UAUA), the parent of United Airlines, got beat up pretty good along with the rest of the airline group yesterday.

However, investors should not stampede away from this sector, or more specifically, from UAL. As discussed in a Bear Stearns report released yesterday, the airline, which recently emerged from bankruptcy, continues to explore ways to utilize its massive cash hoard of $5 billion to maximize shareholder value, $1 billion of which management believes is excess cash.

Also, UAL is seeking ways to unlock value for its Mileage Plus program, a business that generates $800 million per year in revenue and has a large deferred revenue stream which provides some visibility for future revenue. Aeroplan, the Canadian-based loyalty marketing service business that was spun off from Air Canada's holding company, sells for a 60% premium to its former parent and a 200% premium on an enterprise value/EBITDA basis to the pure airline, Air Canada.

The Bear report places a $65 price target on UAL, with the asset break-up value of the company going as high as $80. Operational turnaround, huge free cash flow generation and the potential to realize value for the mileage plus business are all cited as reasons that could lead to a considerably higher stock price.
 
No...they called the next morning. We did sign a confidentiality form about the interview. I'll just say that the interview was very relaxed and non-confrontational. The was no brow beating and no dissecting your logbook.


Welcome to United!

We have a great Pilot group and YOU will NOT buy any beer in your first year. Hopefully the pay will increase soon for us all.....
 

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