UAL to not make it through the Winter???

[ual321]

UAL is a good company which is lacking leadership. Hope it turns around. I have always wanted to work there.

Dude, have you flown UAL lately....THEY SUCK.....PERIOD.

 

[Kugelblitz]

Chicago based airline with thousands of employees. They will be supported politically and deals will be made to ensure survival, in one form or another.

TWA had Dick Gephardt, of course he wasn't the president, but he was as powerful a politician as one can get outside the oval office. If the folks at UAL are counting on this sort of maneuver to save the company, good luck.

 

[contrail67]

TWA had Dick Gephardt, of course he wasn't the president, but he was as powerful a politician as one can get outside the oval office. If the folks at UAL are counting on this sort of maneuver to save the company, good luck.

Well, its good that they don't need that kind of maneuver to save the company then.....

 

[contrail67]

Dude, have you flown UAL lately....THEY SUCK.....PERIOD.

The post is from a regional guy....what you say sucks is better than what he has or will have....trust me. Not that UAL is great right NOW but even in its present state...it is better than what some have.

Just flew UAL as a passenger two weeks ago with my family...they don't suck. Trip went as planned...on time both ways, good crews, ect.

 

[saabservant]

I've flown six domestic segments on UAL recently. All ontime, nice crews, clean airplanes. They are now at the top in ontime....Now if they could just get rid of Tilton.
Also, they are going to move their ops control to the Sears tower next year...does not sound like they are planning on closing.
BUT, soon 52 percent of domestic flying will be on the express side...very bad for everyone. I hear the mec and negotiators are making scope a priority, i hope so...

 

[Yuppyguppy]

2.6 billion in cash...NOT ENOUGH!

 

[CoolSidePillow]

The only reason things seem so socialist now is because for too long too many people believed we were a real democracy in the first place.

 

[gutshotdraw]

The only reason things seem so socialist now is because for too long too many people believed we were a real democracy in the first place.

That's right. We're not a democracy. We never have been. Otherwise, every single bill ever proposed would be voted on my the entire population. We are a Representative Republic. The lack of civics education in U.S. public indoctrinati......er, schools is one of the major reasons we're in this mess.

 

[dashtrash]

http://phx.corporate-ir.net/Externa...9MzUxNTk5fENoaWxkSUQ9MzQxMzY2fFR5cGU9MQ==&t=1

Unrestricted and Restricted Cash​

The company expects to end the third quarter with an unrestricted cash balance of approximately $2.6 billion.
This includes roughly $300 million from financings, asset sales and other liquidity initiatives completed or likely
to be completed during the quarter, including $155 million from the spare parts financing that closed early in
the third quarter. The company expects to end the third quarter with a restricted cash balance of
approximately $300 million and fuel hedge collateral posted with counterparties of $60 million.
In addition, the company has other liquidity initiatives underway that it expects to complete in the fourth​

quarter.

 

[jonjuan]

The only reason things seem so socialist now is because for too long too many people believed we were a real democracy in the first place.

Dummy....

 

[Plug]

Yes, but biting pillows and performing fellacio is something you can't claim on your taxes. It's also something you shouldn't be too proud of junior!

Actually ACORN has found some loopholes with this, Sean is in luck!

(Holy thread drift but I couldn't resist!)