Who's next?

[Green]

Yes we needed to start 10 years ago. If we don't start in the next 5 years then open skies is going to wreak havoc on all of us.

that doesn't make any sense. Every airline pays the same price for fuel. Just because the oil is pumped in N America doesn't mean they are going to sell it at a discount to US Airlines. Fuel is a fixed cost and the only way around high fuel costs is to generate extra revenue or find creative ways to cut costs. Hence the talk of mergers.

 

[Jimmy C. Corn]

No, you're just posting flamebait. The mods should have long since banned you.

Yet another example of this poster judging anyone who does not agree with his narrowly defined perception of the "correct answer."

Tanker Clown appears to be a buffoon, but he is entitled to his opinion. And he makes a good point. Delta guys need to set the bar again.

 

[PCL_128]

Yet another example of this poster judging anyone who does not agree with his narrowly defined perception of the "correct answer."

Tanker Clown appears to be a buffoon, but he is entitled to his opinion. And he makes a good point. Delta guys need to set the bar again.

I see Tanker Clown/jke's other screen name has made an appearance.

 

[Tanker Clown]

Nice work Sherlock. Now, maybe you should spend more time investigating why you still live with your mother.

 

[Propsync]

Unfortunately, I guess the answer was ATA. What an incredible swing (as well as unfortunate)of events for ATA over the last 5 years. Good luck to all. I wonder now if many of these smaller carriers (Frontier, Spirit, Sun Country) are getting close to shutdown as well. Are the new bankruptcy laws such that you'd rather gamble until the money is all gone instead of filing well ahead of that time to keep it running?

 

[ACL65PILOT]

Let hope that Skybus is one of the next ones.

I think that UAL and a few other mentioned above are in deep doo doo as well.

 

[Old School 737]

I wonder if Suncountry is next? I think 30 or so guys got walking papers the other day.

 

[ACL65PILOT]

I read 45.

 

[Capt. Caucasian]

Ten bucks says that Tanker Clown is a disgruntled, retired Delta Captain. Prove to me that I am wrong.

If that is not the case then it is really sad that someone who has nothing to do with the industry hates an entire group of people so much. My heart bleeds at the thought.

 

[Bavarian Chef]

It just makes me wonder how the heck we cannot be making money.

Wait a minute -- on another thread you said you knew ...

 

[Tanker Clown]

Ten bucks says that Tanker Clown is a disgruntled, retired Delta Captain. Prove to me that I am wrong.

If that is not the case then it is really sad that someone who has nothing to do with the industry hates an entire group of people so much. My heart bleeds at the thought.

You owe me $10.

 

[Capt. Caucasian]

You owe me $10.

Gotta prove it first, buddy.

 

[Tanker Clown]

Gotta prove it first, buddy.

Ahhhh forget it. If your a Delta guy, you don't have the $10 to spare.

 

[737 Pylt]

Ten bucks says that Tanker Clown is a disgruntled, retired Delta Captain. Prove to me that I am wrong.

Tanker clown is the same troll posting as jerk406/jmoney/400ahole! He is a kid working in the air force as a copy/errand boy for the colonel.....Look at his flight time. He claims to have 20 years in the air force, and only 1800 hours. Its quite easy to figure out who this moron is!

If that is not the case then it is really sad that someone who has nothing to do with the industry hates an entire group of people so much. My heart bleeds at the thought.

Imagine, if you hate him this much, imagine how much his family feels about him??

737

 

[Tanker Clown]

I never said I had 20 years in the AF. I still have a few to go before I get to 20.

 

[XShuttle]

Let hope that Skybus is one of the next ones.

I think that UAL and a few other mentioned above are in deep doo doo as well.

UAL has more cash the DAL.

 

[Tanker Clown]

UAL has more cash the DAL.

If you listen, you can hear the Delta kool-aid drinkers sticking their heads in the sand. XShuttle, you will learn there is no tolerance on this forum for any negative comments about Delta.

 

[737 Pylt]

If you listen, you can hear the Delta kool-aid drinkers sticking their heads in the sand. XShuttle, you will learn there is no tolerance on this forum for any negative comments about Delta.

Hey jerk406/jimmy c. corn/jmoney....

What I think is dispicable is the fact that you gloat in other people's demise!
Thousands of workers are now out of jobs due to the airline industry going down the tubes, and all the meanwhile you're whacking off behind your keyboard from it.
You need a checkup from the neck up!
Get back to serving coffee or making copies, or whatever it is you do to waste more of our taxpayers' dollar!

737

 

[IronCityBlue]

UAL does have a lot of cash. But they need to because they are bigger than DAL, CAL and NWA, etc. I'm not sure what "metric" is the best for available cash as it relates to size and debt (and other factors) but several analysts have commented recently that DAL, NWA and SWA are best positioned to ride out a tough year, in large part because of their cash. However these same analysts put UAL below those 3, and I'm sure everyone is well aware of UAL's cash position.

So if DAL is better off than UAL, or if UAL is better off than DAL, why, specifically?

 

[Tanker Clown]

Like I said, there is no tolerance for negative comments about Delta on this forum.

Look General, sometimes a parent has to fact the fact that they have an ugly kid. All the kool aid in the world won't fix your balance sheet.

 

[IronCityBlue]

So which legacy airlines have the best balance sheets, and why?

 

[737 Pylt]

Like I said, there is no tolerance for negative comments about Delta on this forum.

Look General, sometimes a parent has to fact the fact that they have an ugly kid. All the kool aid in the world won't fix your balance sheet.

And, private, all the flight time won't get you hired anywhere but Starbucks!

737

 

[Propsync]

So which legacy airlines have the best balance sheets, and why?

Forget it, this thread is now for Tanker Clown to aggravate uptight FI users, not a place for discussion. Start a new thread.

For the record, I enjoy the Tanker Clown posts. The rest of you follow it like lemmings to the ocean. Ignore it long enough and it goes away.

 

[9rj9]

next

Skybus is next to go under. VP of OPS quit today...going back to Delta for another 500K VP job

 

[~~~^~~~]

Do you know he's going back to Delta?

My bet is Alitalia will not be around long. ~ 400 million in cash, burning 200 million a month. AF/KLM pulled out of merger talks.

 

[Andy]

Let hope that Skybus is one of the next ones.

I think that UAL and a few other mentioned above are in deep doo doo as well.

For it's size, Skybus was very well capitalized - somewhere around $175M. Unless Skybus' investors (IIRC, there were several Columbus businesses that provided the startup money) pull their money, I don't see them going away any time soon.

UAL had $3.55B cash on hand at the end of Q4. There are others with less.

 

[PlaneDrvr]

UAL does have a lot of cash. But they need to because they are bigger than DAL, CAL and NWA, etc. I'm not sure what "metric" is the best for available cash as it relates to size and debt (and other factors) but several analysts have commented recently that DAL, NWA and SWA are best positioned to ride out a tough year, in large part because of their cash. However these same analysts put UAL below those 3, and I'm sure everyone is well aware of UAL's cash position.

So if DAL is better off than UAL, or if UAL is better off than DAL, why, specifically?

The measure that I have often heard that analysts use is the amount of 'cash' as a percentage of total annual revenue. If a company has at least 20% or more of annual revenue in cash; that is seen as a good position. However, you also have to take into account 'Total debt' as in a period of declining revenue (income), it takes a greater % of revenue, just to service the debt.

Maybe someone can do the research and post all of the #s for the legacy carriers; total annual revenue, total cash, then cash as a % of revenue. Then you will have something to compare the financial health??

For what its worth.

DA

 

[PlaneDrvr]

For it's size, Skybus was very well capitalized - somewhere around $175M. Unless Skybus' investors (IIRC, there were several Columbus businesses that provided the startup money) pull their money, I don't see them going away any time soon.

UAL had $3.55B cash on hand at the end of Q4. There are others with less.

That is what ScareBus (skybus) had when they started ops; do you know how much 'cash' they have right now??

I recently read where they were 'cutting back' flights at their CMH and GSO hubs, in order to preserve cash resources.

For what its worth.

A more interesting question.

DA

 

[jetjock6]

Last edited by Propsync : 04-01-2008 at 12:15. Reason: General Lee's overwhelming compassion for helping people that make honest mistakes.

Now that's funny. :laugh: :laugh: :laugh:

 

[Andy]

Planedriver, Skybus isn't a public company so it's not easy to find that answer.