Who's next?

[T-Bags]

Cash/equivalents on hand as a percentage of annual revenues is a starting metric.
UAUA - $3.55B/$20.10B = 17.66%
DAL - $2.79B/$19.15B = 14.57%
NWA - $3.03B/$12.53B = 24.18%
LUV -$2.78B/$9.86B = 28.19%

Well, UAUA paying out that CASH dividend was a GREAT call....I'd certainly feel better with another half a bill in the coffers

 

[race#53]

T,
i think you have to add 3 billion to WN's cash in the form of fuel hedges.

 

[flyipilot]

Just like public companies Skybus has to report each quarter. At the end of the last quarter they had 79,546,000 cash.

Skybus never had ANY money. the banks that funded them had that money. They pulled the plug. They saw it was a bad investment. Skybus management and the board of directors had ZERO say in the entire shut down. The banks control it 100%. It it their money Skybus was playing airline with and they had enough. Simple.

 

[Andy]

Well, UAUA paying out that CASH dividend was a GREAT call....I'd certainly feel better with another half a bill in the coffers

For the record, it was $250 mil. And I'm very pissed that they chose to do it. That money would have been much better spent paying down debt, although they paid down several billion in 2007.