UAL posts big loss in 1st Q

[Lake Alice]

All the cost cutting in the world can't undue poor mgt decisions. This is an airline that is ripe for consolidation with CAL. If that happens, look for hub closers in CLE, DIA, and IAD. LAX, SFO need to remain viable due to strong Pacific rim route network. If that happens, B6 need not worry about FRNT.

OMG....

Lowecur, what are you doing? Ony 32 is allowed to point out when a company does poorly. You're stealing his thunder.

32 you can quote all the number crunched data your execs spit out but there is one overwhelming fact that seals your fate....scumbags like you remain on the pay roll and for that your future is in serious question.

Feel free to keep posting what ever you want though, It's comical at best.

 

[LocoPiloto]

400 million in revenue and 4.5billion in cash, which happens to be the largest cash balance in the company's history, show some good trends. According to Tilton's message today the UAL has 300 million in cost cut programs for the rest of the year and 400 million in place for 2007.

Fuel cost were 314mil. more YOY and the price was 1.95gal versus 1.47 YOY. Unit cost excluding fuel rose 3% YOY. Almost all of the gains were in the revenue side. This condition to be addressed with the cost cut programs on the non-revenue side.

Yes, almost 4.5 Billion of BORROWED MONEY.

Loco

 

[WhatsUpNow?]

"While these revenue results are encouraging, they do not meet our expectations or reflect the full potential of this airline. The work to get there is clear and we continue to aggressively execute our plan."


With comments like this, its no wonder why these freakin idiots cant be profitable. "These revenue results are encouraging," geez, who knew that a $300m loss would be encouraging.

 

[Frank Lorenzo]

According to Tilton's message today the UAL has 300 million in cost cut programs for the rest of the year and 400 million in place for 2007.

I guess Glenn didn't put in his hotline that I was hired as a consultant for those "cost cut" programs.

Hope you don't mind another pay cut, and seeing more planes with "Ted" painted on the side of them.

Sucker.

 

[Mugs]

All the cost cutting in the world can't undue poor mgt decisions. This is an airline that is ripe for consolidation with CAL. If that happens, look for hub closers in CLE, DIA, and IAD. LAX, SFO need to remain viable due to strong Pacific rim route network. If that happens, B6 need not worry about FRNT.

OMG....

Lowecur, what are you doing? Ony 32 is allowed to point out when a company does poorly. You're stealing his thunder.

32 you can quote all the number crunched data your execs spit out but there is one overwhelming fact that seals your fate....scumbags like you remain on the pay roll and for that your future is in serious question.

Feel free to keep posting what ever you want though, It's comical at best.

32 is a pinhead of course. However, anyone that works for a company that is not able to generate the revenue to cover costs has a "future in serious question." As a blue bus driver, I guess you now understand that reality.

 

[Hutchman]

With comments like this, its no wonder why these freakin idiots cant be profitable. "These revenue results are encouraging," geez, who knew that a $300m loss would be encouraging.

Do you know what revenue is? The REV is encouraging, not the costs. But everyones REV's are up thanks to fare increases. They are still in a deep hole and getting deeper.

 

[Hvy]

60 hrs in HKG thats alot of beer at 11$ a pop.

You paid $11.00/BEER in Hong Kong? They must have seen you coming. You need to hang out with different drinking buddies.

 

[CTflyer]

400 million in revenue and 4.5billion in cash, which happens to be the largest cash balance in the company's history, show some good trends. According to Tilton's message today the UAL has 300 million in cost cut programs for the rest of the year and 400 million in place for 2007.

Fuel cost were 314mil. more YOY and the price was 1.95gal versus 1.47 YOY. Unit cost excluding fuel rose 3% YOY. Almost all of the gains were in the revenue side. This condition to be addressed with the cost cut programs on the non-revenue side.

4.5B in cash....Sounds like they have enough to attempt another merger, just like the one Jim BADwin attempted 6 years ago.

 

[Spectre]

All the cost cutting in the world can't undue poor mgt decisions. This is an airline that is ripe for consolidation with CAL. If that happens, look for hub closers in CLE, DIA, and IAD. LAX, SFO need to remain viable due to strong Pacific rim route network. If that happens, B6 need not worry about FRNT.

http://www.thestreet.com/_yahoo/stocks/transportation/10284083.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

imp:

NWAC can vote down any CAL merge attempts until the year 2023...

 

[lowecur]

NWAC can vote down any CAL merge attempts until the year 2023...

How did NWAC get into this conversation?

PS: UAL had a $171M operational loss this quarter, and this was with 33% of their fuel hedged. No hedges for the remainder of the year.



imp: