US Seeking to Refinance Debt

[Zarah]

$60?

 

[BoeingBoy]

Well, depends of which revision of the grand plan....

The original v1.0 (when they were still trying to wrangle all the concessions) was about $45. By the time the merger was in a sure thing and the new-found money started started coming in - v3.6 - I think it was about $57-$58.

Jim

 

[Zarah]

"Moving forward, Parker and his management team must plan as best as they can for fuel price volatility, although Parker maintains he can make money even with oil at $60 a barrel."

http://pittsburghlive.com/x/tribune-review...s/s_434809.html

 

[JayBrian]

Refinancing completed. More details here

 

[RICflyer]

Here are some of the details of what it will do for profits and cashflow:

"Upon completion of the transaction, the Company's debt amortization schedule will be reduced by approximately $88 million in 2006, $171 million in 2007, $269 million in 2008, $229 million in 2009 and $314 million in 2010. In addition, interest expense will be reduced by approximately $25 million in 2006 and $20 million in 2007. The Company's ending first quarter 2006 total cash, including restricted and unrestricted, was approximately $2.6 billion. The additional $150 million was funded after quarter end on April 7, 2006."

 

[SoftLanding]

.... The additional $150 million was funded after quarter end on April 7, 2006."

Rumor has it we'll show a profit for the 1st qt-06. Not if, but how much...

We'll know soon enough. Maybe all the airlines will show stronger than expected results?!

FMR thinks so,no?