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Parker sees further consolidation

  • Thread starter Thread starter jonjuan
  • Start date Start date
  • Watchers Watchers 13

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The Midwest pilots? How about some of the furloughed pilots from United? An active job at US Airways is a better job than the regionals or being unemployed. It is not the pilots fault that US Airways is so poorly run.

Engineers ride their trains to the site of the wreck while ship captains go down with the ships, do your thing.
 
Parker knows with yields down, over capacity and fuel coming up a merger will happen this year but who? Oh, and United has this going down:

With the demand environment weak, Fitch warned that "internal cash generation alone will not be sufficient to prevent an erosion of [UA's] unrestricted liquidity position by year end. . .United does face steady and heavy debt maturities." As of April 21, UA had scheduled maturities of debt and capital leases totaling $655 million for 2009's final three quarters. "Even if revenue trends stabilize late in the year, the airline faces over $1 billion in scheduled debt and capital lease principal payments for 2010 raising the probability of a deepening liquidity crisis," Fitch said, adding that UA also has scheduled debt maturities of $869 million in 2011.
 

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