johnso29

100% Serious, and they even mentioned this earlier today on the conference call.

freightguy

You definitely got a good point. They cannot afford to look too bad this soon after the merger 'cause there may be more to come in a year or two (Alaska?).

Superdad

bite your tongue on that "alaska" rumor! I don't need anymore pilots being merged in on top of me!

Bucking Bar

We sure don't need a merger while some of our guys are furloughed, or flow down to Compass, or another regional. They would be the worst kind of hostage.

bigdaddie

OK guys make what you want from this. I took the latest 10Q (April SEC) and came up with these numbers for a comparison of how we stand financially against the competition. In my simplistic analysis, it doesn't look good for UAUA and maybe LCC if it doesn't pick up next year. I think despite the capital markets being dried up I believe AMR, DAL, CAL will still have access to cash i.e. AMEX to the rescue! Make what you want of it. Sorry about the formatting. Someone got a lesson on how to insert a table?

Current Assets - Cash + Short term inv. - Current Liabilities - Est. Rev. 09 - Est. Earnings 09

DAL - $8.05 - $4.508 - $11.527 - $29.22 - $480M

AMR - $5.362 - $2.864 - $8.908 - $20.61 - ($1.02B)

UAUA - $4.857 - $2.457 - $7.205 - $16.87 - ($5.04B)!!!

CAL - $4.383 - $2.648 - $4.648 - $12.85 - ($100M)

USAir - $2.563 - $1.262 - $3.270 - $10.72 - ($1.26B)

acl65pilot

This looks good, but remember that this spike in fuel (double) is not accounted for by anyone, so the numbers are going to be a lot worse.

kamsman

Is our first joint AE or APE for NWA guys in August effective January? Are they planning on telling us which A/C are going to be based where so we can plan our lives? Seems like we are only a couple of months away and have heard nothing from the company or union regarding this. I realize things are constantly changing but they must have a pretty good idea of which aircraft they want where. The 330 (which im on) is doing more flying out of ATL and JFK than DTW now, so it seems obvious that this plane will be leaving DTW.

Thanks

Desperado

I had a 330 Capt. on my J/S last night. He is 60 and has signed up for the PERP/PIRP. If I were 60, or, turning 60 soon enough, I would certainly take the deal.

bigdaddie

Yea I got the est. numbers from yahoo finance. The remainder is straight from SEC. I'm not sure when they update those estimated earnings. I guess it will all come down to hedges and what those fine men in white dresses on the beach decide to do this summer. I know it is more on the commodity trading and weak dollar and such, but I've got to blame someone!

I guess my providing the numbers here is to see who will out run the bear and who gets eaten.

BD

acl65pilot

They do, and if they want to they can talk to the union about doing it. It would definitely mitigate the need to furlough if we were all in the school house getting retrained on new jets for new bases......