767jetz
Veteran
- Aug 20, 2002
- 3,286
- 2,779
Here is some new information:
United today released it's October results. To recap, UA has $2.5 BILLION in cash, had a $7 MILLION per day operating PROFIT, industry leading improvement YOY, and met it's DIP requirements for the 9th month in a row. UA also expects to meet it's DIP requirements for November.
This solid result shows UA's continued progress, and is a far cry from the speculation of some. It is becoming apparent that UA is not hanging it's future on any of it's Star partners, and is positioning itself to emerge a successful and profitable airline in 2004.
IMHO Tilton's consistant and methodical approach is paying off.
United today released it's October results. To recap, UA has $2.5 BILLION in cash, had a $7 MILLION per day operating PROFIT, industry leading improvement YOY, and met it's DIP requirements for the 9th month in a row. UA also expects to meet it's DIP requirements for November.
This solid result shows UA's continued progress, and is a far cry from the speculation of some. It is becoming apparent that UA is not hanging it's future on any of it's Star partners, and is positioning itself to emerge a successful and profitable airline in 2004.
IMHO Tilton's consistant and methodical approach is paying off.