Another Example Of Poor Management

[ITRADE]

We have to keep some of the $1B in cash to meet the convenants. That's just how it is...and we hedged 30% not 20%.If I were Bronner, I would pay off the ATSB now and get the monkey off our backs.


Spent $50 Million just on hedging. Hopefully, we will let some luck and fuel will start to move down. Then we can be at a better position for 2005.

Agreed. Wow, twice in a week.

 

[zonecontroller]

High Fuel prices could not have came at a worst time for UAIR.
It could very well be the last remaining nails in the coffin
for this Airline.

 

[Reservation Agent]

You would think if they are in this for the long term, and not considering selling off assests...Mr Bronner would seek financing for fuel hedging to try to stablize the fuel pricing... But my feeling is either a merger or selling off of some assets are in the future....Probably with Mesa Airlines...... :unsure: