Get Ready AA is Next !
- Thread starter TWAFA007
- Start date
767jetz
Veteran
- Aug 20, 2002
- 3,286
- 2,779
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On 1/29/2003 2:35:22 PM FA Mikey wrote:
A 3.5 billion doallr loss. Not exactly the what we planned on being number one in.
That must be our goal be the biggest or number 1 in everything we do.
UAL will pull us from that top spot with their Q4 numbers.
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[/blockquote]
Well, 4Q numbers are in. Looks like you're still in the top spot there, Mikey. UAL's loss for 2002 was $3.2B. The results stink, but were significantly better than expected. Also, these losses were prior to the wage concessions that took effect (forced on us) Jan 1st. So expect 1Q to improve slightly.
All I'm saying is that we're all in deep sh*t. Don't think AA is immune to what's happened to USAir and United.
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On 1/29/2003 2:35:22 PM FA Mikey wrote:
A 3.5 billion doallr loss. Not exactly the what we planned on being number one in.
That must be our goal be the biggest or number 1 in everything we do.
UAL will pull us from that top spot with their Q4 numbers.
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[/blockquote]
Well, 4Q numbers are in. Looks like you're still in the top spot there, Mikey. UAL's loss for 2002 was $3.2B. The results stink, but were significantly better than expected. Also, these losses were prior to the wage concessions that took effect (forced on us) Jan 1st. So expect 1Q to improve slightly.
All I'm saying is that we're all in deep sh*t. Don't think AA is immune to what's happened to USAir and United.
Oliver Stone''s Apprentice
Veteran
- Aug 19, 2002
- 786
- 0
[blockquote]
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On 1/31/2003 12
41 PM 767jetz wrote:
Well, 4Q numbers are in. Looks like you're still in the top spot there, Mikey. UAL's loss for 2002 was $3.2B.
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Hey 767jetz, you're overlooking something... the $900M in debt payments that they defaulted on.
If you factor in the debt payments and other bills that UAL skipped payment on, UAL's 2002 loss would have probably topped $4B.
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On 1/31/2003 12
41 PM 767jetz wrote: Well, 4Q numbers are in. Looks like you're still in the top spot there, Mikey. UAL's loss for 2002 was $3.2B.
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[/blockquote]
Hey 767jetz, you're overlooking something... the $900M in debt payments that they defaulted on.
If you factor in the debt payments and other bills that UAL skipped payment on, UAL's 2002 loss would have probably topped $4B.
