Some Good News

[BoeingBoy]

Domestic Yield goes uo due to the capacity cuts.

With system yield now lower than WN, which is all domestic (talk about a lack of international exposure), they need to sell more high-yield tickets. Now US needs those high yield FF's that some here wanted to "just leave"? Ironic, isn't it...

Jim

 

[InternationalShannon]

*shakes pom poms*

 

[ableoneable]

To quote from the Right Stuff:

"I think what Jim is saying.......is that they appear to be stripping the covers off of the lifeboats."

I am listening.


Now where did I put that life vest..........

 

[freedom]

you know i have to wonder , did parker secure this increased liquidity BEFORE the us goverment gave these banks all this money to loan out ... and if he did get this done before that event ... i wonder , is there now a chance that if we approached one of these large banks with billions to lend out that we could take on more long terms loans? (the more money we have in our pocket the better )

 

[wings396]

While having more cash in your pocket is great, I can't see it being so if borrowed. It's just more that you have to pay back in the future anyway. If we could refinance some or all of our debt at at lower cost I could see that being a good thing.

 

[freedom]

While having more cash in your pocket is great, I can't see it being so if borrowed. It's just more that you have to pay back in the future anyway. If we could refinance some or all of our debt at at lower cost I could see that being a good thing.

wings you may know my "crazy econmic views" but if you don't ... i think it's far better to have as much cash on hand as humanly possible going forward ... while the price of oil may have declined i fear that the us economy is going stright into the toliet .... it may not be possible for companies to get loans in the future ... while the libor for short term lending has returned to normal levels the long term rate is still high , and i expect both the long term and the short term rates to rise dramtically as the months pass ..

In my view it's imperative that we have more reserves than our competion .. there won't be any goverment bail out for major airlines until there are perhaps 3 left ... we want to be one of those three . Also as for another BK, that may be difficult if not impossible with the absense of DIP finiciaing (debtor in possession ) GE which used to loan money to companies so that they could reorganize has stopped doing so (you can read about this event in the WSJ ) so even major companies may now face total liquidation rather than reognzation .

now maybe the only time to grab as much money as is possible in whatever manner we can ..

 

[gaucho99]

there won't be any goverment bail out for major airlines until there are perhaps 3 left ... we want to be one of those three .


Nobody is a bigger defender of US than I am...but if there are only 3 airlines remaining, I'm afraid we won't be one of them.

 

[wings396]

If not, hopefully we can be a part that makes up one of the remaining 3...... :rolleyes

 

[foreright]

This sounds like a merge

 

[Dog Wonder]

Borrowing money can be done on all the wrong terms.

People, and companies, borrowing money they cannot pay back created this economic crisis.

 

[InternationalShannon]

Borrowing money can be done on all the wrong terms.

People, and companies, borrowing money they cannot pay back created this economic crisis.

That and Gas Prices. And Paris Hilton. Eughh.

 

[YVINTERN]

Don't forget the International Shannon Effect (Not enough Pom-Poms drag this economy down).

 

[whatkindoffreshhell]

Don't forget the International Shannon Effect (Not enough Pom-Poms drag this economy down).

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[InternationalShannon]

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You can borrow my pom poms if you want. Want the skirt too? h34r:

 

[BoeingBoy]

Sorry to bring up this old thread, but looks like another source for some of that $950 million has revealed themselves...

Press Release

This one is about Air Wisconsin's loan also, but the next to last sentence adds another of the "mystery" investors...

Article

Jim