Search

Notices

UAL Pool-ies

Thread Tools
 
Search this Thread
 
Old 04-24-2014, 02:43 PM
  #1171  
Gets Weekends Off
 
Joined APC: Jul 2007
Posts: 769
Default

You guys have to remember that just a few years ago delta was in deep trouble. Crappy service, crappy planes, crappy everything. They turned it around and so will ual.

If you are in the pool count your blessings, there are a lot of people that really wish they were in your shoes.
myoface is offline  
Old 04-24-2014, 02:51 PM
  #1172  
On Reserve
 
Joined APC: Mar 2009
Posts: 17
Default

I was really excited about this job until today. I'm just being honest. Over 600 million loss when all of your competitors are making money.
eyeamthechosen1 is offline  
Old 04-24-2014, 03:30 PM
  #1173  
Gets Weekends Off
 
Joined APC: Apr 2007
Position: Left seat
Posts: 206
Default

Originally Posted by myoface
You guys have to remember that just a few years ago delta was in deep trouble. Crappy service, crappy planes, crappy everything. They turned it around and so will ual.

If you are in the pool count your blessings, there are a lot of people that really wish they were in your shoes.
Amen! I'm happily swimming and can't wait to start!! No - wait... UAL isn't the place to be and anyone that got hired before me should jump out of the pool and go elsewhere
flygirl135 is offline  
Old 04-24-2014, 03:49 PM
  #1174  
On Reserve
 
Joined APC: Dec 2008
Position: CA CR7
Posts: 18
Default

This is ALL part of the game...remember, DAL is a few years ahead of UAL as far as "post-merger success", and the AA/US merger has only just begun...their challenges are coming, I assure you. I'm happy to be here and looking forward to this summer...we'll be ok.
BaskingShark is offline  
Old 04-24-2014, 03:56 PM
  #1175  
Gets Weekends Off
 
Joined APC: Nov 2013
Position: Gets weekends off
Posts: 1,168
Default

Originally Posted by Fresh
But every other major airline posted a profit, if not a record profit.
Doesn't mean anything really.

The part that really matters that no one has mentioned from the report toward the bottom.

UAL generated $694 million of operating cash flow in the first quarter.

So United lost money on paper, but then there is almost $700M more in the bank than there was previously.

This is normal. It's because we are taking new airplanes, and then heavily depreciating them in the early years using something called MACRS, modified-accelerated cost recovery system. We are just doing so more aggressively than AMR, DAL, etc.

Remember that while on paper DAL is earning more, they are also paying more in taxes to the government. So it hurts their cash position.

Forget the profit or loss numbers. Watch the cashflow. It's a better indicator of financial performance in companies that have large asset classes that can be depreciated on different schedules.
pilot64golfer is offline  
Old 04-24-2014, 04:26 PM
  #1176  
Gets Weekends Off
 
Joined APC: Nov 2013
Posts: 189
Default

Originally Posted by pilot64golfer
Doesn't mean anything really.

The part that really matters that no one has mentioned from the report toward the bottom.

UAL generated $694 million of operating cash flow in the first quarter.

So United lost money on paper, but then there is almost $700M more in the bank than there was previously.

This is normal. It's because we are taking new airplanes, and then heavily depreciating them in the early years using something called MACRS, modified-accelerated cost recovery system. We are just doing so more aggressively than AMR, DAL, etc.

Remember that while on paper DAL is earning more, they are also paying more in taxes to the government. So it hurts their cash position.

Forget the profit or loss numbers. Watch the cashflow. It's a better indicator of financial performance in companies that have large asset classes that can be depreciated on different schedules.
Thanks for the clarification, Golfer. Don't get me wrong, I'm VERY excited to be swimming and I realize how lucky I am to be in the pool.
Fresh is offline  
Old 04-24-2014, 04:30 PM
  #1177  
Gets Weekends Off
 
MPAdriver's Avatar
 
Joined APC: Sep 2013
Position: The one with a great view.
Posts: 241
Default

Call me "Near-Sighted" I would just like to know the July Training Dates.
MPAdriver is offline  
Old 04-24-2014, 04:39 PM
  #1178  
Gets Weekends Off
 
Joined APC: Nov 2013
Posts: 189
Default

Originally Posted by MPAdriver
Call me "Near-Sighted" I would just like to know the July Training Dates.
same here.
Fresh is offline  
Old 04-24-2014, 06:01 PM
  #1179  
Gets Weekends Off
 
Joined APC: Dec 2007
Position: FO
Posts: 424
Default

Originally Posted by pilot64golfer
Doesn't mean anything really.

The part that really matters that no one has mentioned from the report toward the bottom.

UAL generated $694 million of operating cash flow in the first quarter.

So United lost money on paper, but then there is almost $700M more in the bank than there was previously.

This is normal. It's because we are taking new airplanes, and then heavily depreciating them in the early years using something called MACRS, modified-accelerated cost recovery system. We are just doing so more aggressively than AMR, DAL, etc.

Remember that while on paper DAL is earning more, they are also paying more in taxes to the government. So it hurts their cash position.

Forget the profit or loss numbers. Watch the cashflow. It's a better indicator of financial performance in companies that have large asset classes that can be depreciated on different schedules.

Is that why the stock price tanked? Not arguing with the concept of your claim, but I do really believe there is a problem there. Hope the board figures out a plan soon, and I won't spend my profit sharing money yet either
mrmak2 is offline  
Old 04-24-2014, 06:05 PM
  #1180  
Gets Weekends Off
 
pilotgolfer's Avatar
 
Joined APC: May 2007
Position: A320 Captain
Posts: 1,982
Default

Originally Posted by mrmak2
Is that why the stock price tanked? Not arguing with the concept of your claim, but I do really believe there is a problem there. Hope the board figures out a plan soon, and I won't spend my profit sharing money yet either
The stock only dropped a tad over 10%. I'm a bit surprised it wasn't more than that. The talking heads on TV said the upward trend is turning and they are looking for a drop to $30 from today's close of $42.
pilotgolfer is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Sunvox
United
113
05-04-2013 08:04 AM
Airhoss
United
210
09-04-2012 06:48 AM
TruthHurts
United
48
04-04-2012 09:07 AM
Low & Slow
Major
37
08-23-2007 05:07 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices