RedDogC130
Well-known member
- Joined
- Jan 6, 2005
- Posts
- 1,329
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Watch for CAL to have a really big loss. I suspect this is all part of the confabulation to entice the shareholders and lenders to eventually sign off on a merger. No proof, just my thoughts. Plus, since we are in contract negotiations, we won't be profitable most of the time to justify a crappy contract.
You do realize CAL posted a 4th quarter profit, right?
You do realize CAL posted a 4th quarter profit, right?
Kind of shoots that conspiracy down.
"UAL said consolidated passenger revenue per available seat mile, a key airline measure, fell 5.2 percent in the fourth quarter, an improvement over the third quarter's 14.7 percent drop."
Somebody typed these words, right? You're still losing more revenue, but you're doing a better (excellent by executive standards) job by losing less than before?
That is a real suprise considering the contract situation.
Imagine a general in a war addressing the troops.
"Well, most of us got shot, but we are bleeding a lot less than than the last battle, and that is terrific news. Now, try to use less bullets because that costs money. Oh yeah, one more thing, we won't be getting replacements but you will have to fight longer battles, with less food, again to save money. Since your commanders have initiated these incredible cost savings, we commanders will increasing our retirements and pay bonuses. Carry on troops, your doing great."
I hope you are right. It doesn't seem like much of a conspiracy given the prior attempt to merge, and how cozy we seem to be with UAL today under the auspices of Star Alliance.
That was pretty good........lol
Good?
Sad is what it is. Cause its just about spot on!!