Ty Webb
Hostage to Fortune
- Joined
- Dec 10, 2001
- Posts
- 6,524
Think what you wish, skykid, but most of what you have posted is wishful thinking, pure and simple.
The most important thing you have posted is that UAL, with its planes "75-85% full" is still hemorrhaging money- over $4 million a day. That is miles away from turning a profit, which they need to do by October, according to your lender's covennants.
Even with an improvement in fuel prices and SARS gone (?) there is no way UAL will make money in this pricing environment, and they must start making money soon, or they either run out of cash or bust a covenant.
BTW, a one time shot-in-the-arm like the tax refund doesn't represent anything other than a fortunate circumstance, just as SARS was an unfortunate one. Welcome to the airline industry.
The picture, on another message board, which I posted a link to, was a picture of a UAL plane "tanking". If your skin is so thin, perhaps you shouldn't be on this board. Maybe Dr. Phil has a board you could find more soothing.
The most important thing you have posted is that UAL, with its planes "75-85% full" is still hemorrhaging money- over $4 million a day. That is miles away from turning a profit, which they need to do by October, according to your lender's covennants.
Even with an improvement in fuel prices and SARS gone (?) there is no way UAL will make money in this pricing environment, and they must start making money soon, or they either run out of cash or bust a covenant.
BTW, a one time shot-in-the-arm like the tax refund doesn't represent anything other than a fortunate circumstance, just as SARS was an unfortunate one. Welcome to the airline industry.
The picture, on another message board, which I posted a link to, was a picture of a UAL plane "tanking". If your skin is so thin, perhaps you shouldn't be on this board. Maybe Dr. Phil has a board you could find more soothing.
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