skykid
On Point
- Joined
- Jan 24, 2002
- Posts
- 759
I was hoping you would see by your predictions you have zero credibility. You can't even admit when you are wrong when I show you your own words! Did UAL get DIP financing? Yes or no! Did UAL make it through March? Yes or no! Did UAL make it through the war? Yes or no!
You bet the LCO is a small, low risk part of the restructuring. Less than 10% of the fleet on planes already being filled on routes already being flown.
UAL needs a major restructuring to survive? Duh. There is a little more going on than this LCO, in case you haven't been keeping up with current events.
What is the grand plan? I thought this might be obvious to even the most casual observer, but I'll give it to you in a nutshell. Keep the route structure in place while significantly reducing costs and maximizing revenue. UAL is catching up to others with regional feed and going after the revenue like I've not seen before. A lot of firsts in the advertising dept. UAL is gaining crediblilty in the restructuring process by leading the biggest half dozen carriers in on-time performance - 2 years running.
Pre-petition debt and lease obligations. Before you post anything else on the old "not paying their bills track," do some homework and find out what UAL has to account for every month in BK court. More homework - find out what just happened this week to the DIA pre-petition debt. I'll give you a hint, its the same thing that will happen to most of the other pre-petition debt.
Maybe if you concentrate really hard, you and Bethune can will some bad stuff to happen over here. I know UAL isn't out of the woods yet! Don't need to be told that.
You bet the LCO is a small, low risk part of the restructuring. Less than 10% of the fleet on planes already being filled on routes already being flown.
UAL needs a major restructuring to survive? Duh. There is a little more going on than this LCO, in case you haven't been keeping up with current events.
What is the grand plan? I thought this might be obvious to even the most casual observer, but I'll give it to you in a nutshell. Keep the route structure in place while significantly reducing costs and maximizing revenue. UAL is catching up to others with regional feed and going after the revenue like I've not seen before. A lot of firsts in the advertising dept. UAL is gaining crediblilty in the restructuring process by leading the biggest half dozen carriers in on-time performance - 2 years running.
Pre-petition debt and lease obligations. Before you post anything else on the old "not paying their bills track," do some homework and find out what UAL has to account for every month in BK court. More homework - find out what just happened this week to the DIA pre-petition debt. I'll give you a hint, its the same thing that will happen to most of the other pre-petition debt.
Maybe if you concentrate really hard, you and Bethune can will some bad stuff to happen over here. I know UAL isn't out of the woods yet! Don't need to be told that.