Anyone Care To Guess ?

KT,
BOHICA means: B end Over Here It Comes Again.... Something the employees at US Airways should be very familiar with.
 
Mike W said:
KT,
BOHICA means: B end Over Here It Comes Again.... Something the employees at US Airways should be very familiar with.
My, my, my!!!!! :lol: I'll have to remember that one. ;)
 
Anyone Care To Guess ?, How much longer USAIRWAYS has?

In a different thread a few weeks ago, I established mid-October as a time when "something" should happen. This was based on the compay's average over the last year of losing $1.05mil/day of unrestricted cash, the $925mil in unrestricted cash the company had on hand in mid-March when it payed down the ATSB loan, and the loan covenent requiring US Airwauys to keep $700mil unrestricted cash. When I put these items together, I got mid-October. Given that the summer should be relatively strong, perhaps there will be some positive cash generation prior to the disaster that is typically September and October. Given that, plus the obvious political overtones that will be occuring, this could perhaps stretch into November. However, about this time, I expect that US Airways will need to do something to raise cash, probably the "impending" sale of PSA or the Shuttle/slots.
 

Latest posts

Back
Top