Virgin America and Credit Squeeze

[curtaindriver]

Thanks CCBOOM,

I remember those, I thought maybe there were new ones.

CD

 

[Dizel8]

"The situation is also bleak at JetBlue, according to S&P. The airline has $250 million of debt and has posted net losses for four consecutive quarters. Equity analysts surveyed by Thomson Reuters, however, expect JetBlue will return to the black next year."

The debt has been paid down, forecast is for great operating margin in 2009, ancilliary revenue is increasing, revenue growth of 17% vs 4th quarter last year.

Odds are pretty good, that jetblue will be around a bit longer!

 

[Dizel8]

Here is the CSB presentation from jetBlue:

http://library.corporate-ir.net/library/13/131/131045/items/317438/JBLU_CreditSuissePres.pdf

Page 7 is particularily enlightening, as is page 14!

 

[Green Banana]

Here is the CSB presentation from jetBlue:

http://library.corporate-ir.net/library/13/131/131045/items/317438/JBLU_CreditSuissePres.pdf

Page 7 is particularily enlightening, as is page 14!

Presentation FROM JET BLUE. I know nothing about their situation, I just know to look where the information is coming from. There has been a lot of "rearranging of deck chairs" in this economy if you know what I mean.

 

[Dizel8]

Presentation FROM JET BLUE.

Just reporting, don't blame the messenger. Although, the same info was more or less presented in the conference call as of yesterday.

In the current climate, "massaging" the books will more than likely result in jail time, so yes, I do believe the numbers to be correct!

 

[BeachBummer]

Hey DickBoom,

If you do your homework you'll see that Jet Blue is on the endangered airline list as
most likely to go out of business in 2009, according to the WSJ and NYT articles.

Why throw stones when your in the most fragile house of all, with your 5 year employment contract.

Sorry you didn't get hired at Spirit, but it might have been your attitude.

I herd that Eastern and Pan am are going out too.... damnnit thats old news. Up to date stuff much different. Wait they did what:erm: .... ah