US Airways Dividend Miles (Pre-FlightFund Merger) - Good Financial News at US Airways




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NYCommuter
Feb 18, 04, 8:55 am
From USA Today:

Good news .... at US Airways?
Don't write off US Airways just yet. The airline has more cash at this point than most analysts thought it would, and the carrier's revenues are headed up, while costs are shrinking. The much-talked about sell-off of some airline pieces is apparently not imminent, and unions have softened their stance against more concessions as US Airways prepares to do battle with low-fare giant Southwest in Philadelphia. In fact, management is "a lot closer to getting out of the woods than common lore gives them credit for," aviation consultant Michael Boyd tells the Pittsburgh Post-Gazette. He and other observers figure the carrier's ability to meet a series of federally backed loan milestones looks a lot more likely than just a few months ago. Another analyst called the amount of cash the airline has in its coffers "stunning." However, US Airways spokesman David Castelveter tried to temper the optimism, saying recent financial results show not enough progress has been achieved. As for a potential sale of US Airways' East Coast shuttle, AirTran and JetBlue are among the bidders for the popular route, though the company is now thought to view the sale as a "last resort." Posted 7:30 a.m. ET


kreeft
Feb 18, 04, 9:03 am
<crosses fingers> Chant with me people! YOU CAN DO IT USAIR!

ITRADE
Feb 18, 04, 9:55 am
I've still got most all of my miles.

I guess that all should be well now that every body and their wife has burned up their miles on US20s...


USFlyerUS
Feb 18, 04, 10:49 am
I too have nearly all of my almost 1.4 million miles. If I lose them, I lose them. But, to be honest, I haven't taken a personal trip in ages, and my next vacation will be sitting at home in my own apartment for at least a week, without sight of an airplane, rental car or hotel room!

If you reach a point where you have a ton of miles, you probably don't want to use them anyway. ;-)

[This message has been edited by USFlyerUS (edited Feb 18, 2004).]

CPRich
Feb 18, 04, 1:08 pm
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by USFlyerUS:
I too have nearly all of my almost 1.4 million miles. If I lose them, I lose them. But, to be honest, I haven't taken a personal trip in ages, and my next vacation will be sitting at home in my own apartment for at least a week, without sight of an airplane, rental car or hotel room!

If you reach a point where you have a ton of miles, you probably don't want to use them anyway. ;-)

[This message has been edited by USFlyerUS (edited Feb 18, 2004).]</font>

And there's the rub. I've got 1.3M in the bank now and the last thing I wanted to do over the holidays was to get on a plane. I'd gladly sell many hundreds of thousands if I could ger 1.5-2 cents each.

nawlinsdoc
Feb 18, 04, 3:35 pm
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by CPRich:
I've got 1.3M in the bank now</font>

16 &lt;--------- the number CPRich would have in th ebank without GOM. http://www.flyertalk.com/forum/biggrin.gif

hiya
Feb 22, 04, 3:58 am
.

[This message has been edited by hiya (edited Feb 22, 2004).]



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