mwereplanes
Senior
- Jan 21, 2004
- 302
- 0
Not a hoax. This guy truly believes he can put it together. I admire his tenacity.
However, his thought process is clouded with emotion. This cannot succeed. The airline is on the ropes and likely will not emerge due to the hole this and other managment teams have put us in. For Gene and others to attempt to put their own money into it is foolish at best.
Interestingly, I just was doing some research and found 4 different investment firms who put the fair value of oil at between 32 to 38 bucks a barrel. The high prices recently have been the result of many forces coming together at just the right moment. Oil will return to normal pricing at some point. It is unlikely to hit that point while U remains in business IMHO.
Couple our pathetic management/leadership with the oil pricing and you have liquidation in a matter of months. Regardless of any 1113e or employee agreement. IMHO. Have your ducks lined up folks. This baby is about to tank.
mr
However, his thought process is clouded with emotion. This cannot succeed. The airline is on the ropes and likely will not emerge due to the hole this and other managment teams have put us in. For Gene and others to attempt to put their own money into it is foolish at best.
Interestingly, I just was doing some research and found 4 different investment firms who put the fair value of oil at between 32 to 38 bucks a barrel. The high prices recently have been the result of many forces coming together at just the right moment. Oil will return to normal pricing at some point. It is unlikely to hit that point while U remains in business IMHO.
Couple our pathetic management/leadership with the oil pricing and you have liquidation in a matter of months. Regardless of any 1113e or employee agreement. IMHO. Have your ducks lined up folks. This baby is about to tank.
mr