AMR and DAL qtrly earnings comes out tomorrow....

[guntrain11]

Both come out tomorrow. DAL before the market opens. AMR during the day.

Lets see what happens.

I don't think DAL reports until April 26. At least that's what's on their press release.

http://news.delta.com/index.php?s=43&item=1351

 

[satpak77]

http://www.earningswhispers.com/stocks.asp?symbol=DAL

yes April 26 is correct this must be a revised release date.

 

[Skyboy722]

AMR-----OUCH! $436 Million Loss

 

[RiddleEagle18]

http://www.etfchannel.com/news/2011...es-amr-luv-dal-faa-ual-alk-flyx-AirETF042011/

 

[RNP.15]

Is AMR the next EAL ?

 

[GuppyWN]

AMR-----OUCH! $436 Million Loss

Beat the estimates!

Gup

 

[cunchos]

-4.8 million a day!!!!! how long can they keep this up ?

 

[Grandpa +65]

-4.8 million a day!!!!! how long can they keep this up ?

I don`t know. But, AMR ended the first quarter with approximately $6.3 billion in cash and short-term investments. Maybe 132 days?


http://finance.yahoo.com/news/AMR-Corporation-Reports-1Q-prnews-2771578228.html?x=0&.v=1

 

[aa73]

Amazing. They post a loss and somehow increase cash on hand and reduce debt. Fuzzy math? Oh. no: contract negotiations 101 - even if we're profitable, report a loss and inject doom and gloom so as to scare employees!

 

[Secret Squirrel]

Actually their total debt went UP by 1.5 Billion in one quarter. Their Net Debt went up by 200 million. And their increase in Cash is probably that 1 Billion in notes they just floated at a very high rate (7.5%).