Co 2q Results
- Thread starter cltvff
- Start date
WorldTraveler
Corn Field
- Dec 5, 2003
- 21,709
- 10,662
- Banned
- #2
Fairly predictable results. It will be interesting to see how CO employees respond to the stated request for help - so far the pilots are rather guarded in their willingness to help.
Bethune's comments about mergers is interesting. Although I agree that the structure of the industry will change, I have a hard time seeing CO in a position to be an acquirer. Any financial relief they might get will probably be enough to help their operating results but will probably not sufficiently strengthen the very-stretched balance sheet. CO is very capable of surviving. Yields are not down as much as I expected given the increased competition in transcon markets.
Bethune's comments about mergers is interesting. Although I agree that the structure of the industry will change, I have a hard time seeing CO in a position to be an acquirer. Any financial relief they might get will probably be enough to help their operating results but will probably not sufficiently strengthen the very-stretched balance sheet. CO is very capable of surviving. Yields are not down as much as I expected given the increased competition in transcon markets.
coolflyingfool
Veteran
- Aug 20, 2002
- 1,192
- 1
Glad to see any airline make a profit. I think CO is trying to right the ship and they appear to be close to getting things headed in the right direction. A little, and I mean just a little, e,ployee help would send this boat flying in the right direction. Just my thoughts.....
NewHampshire Black Bears
Veteran
- Aug 20, 2002
- 10,154
- 681
Just my 2 cents worth, but I see ol' GORDO putting a positive spin on CO, dressing her up, and "pimping" her off to the "john" with the best offer.coolflyingfool said:
Hey, ol' GORDO knows DAM well, whats ahead for the "second string legacies"(UA,CO, and US)
(Sorry UA, but I like NW's chances much better at "moving on to the next round")
NH/BB's
