Another big loss
Another big loss
Aug 9, 2005, 1:31 pm
#2
Join Date: Sep 2002
Location: NOVA
Programs: IHG Rewards Platinum, Marriott Gold, Hilton Diamond, UA/DL/AA Back of the plane...
Posts: 4,612
And running low on unrestricted cash....
http://yahoo.reuters.com/financeQuot...9428471_newsml
Those of us in Northern VA should be worried that the UA stranglehold will return.
http://yahoo.reuters.com/financeQuot...9428471_newsml
Those of us in Northern VA should be worried that the UA stranglehold will return.
Aug 9, 2005, 2:12 pm
#3
Join Date: Aug 2002
Location: WAS, FLL
Programs: AA, B6, CO, DL, FL, UA, US Gold (only took 10k miles), WN, Amtrak
Posts: 1,299
Originally Posted by whlinder
98.5 Million in Q2
Aug 9, 2005, 9:15 pm
#4
Join Date: Feb 2004
Location: NYC
Programs: Amtrak Select Plus, Marriott Platinum, Marriott Lifetime Gold, Hilton Diamond
Posts: 3,123
Originally Posted by fwfdan
And running low on unrestricted cash....
http://yahoo.reuters.com/financeQuot...9428471_newsml
Those of us in Northern VA should be worried that the UA stranglehold will return.
http://yahoo.reuters.com/financeQuot...9428471_newsml
Those of us in Northern VA should be worried that the UA stranglehold will return.
Aug 9, 2005, 10:41 pm
#5
Join Date: Sep 2003
Location: NTTB
Programs: UA Plat, Marriott Plat
Posts: 4,649
Welcome back to UA my friends. Good riddance AWAC. 
Aug 10, 2005, 4:42 am
#6
Join Date: Feb 2004
Location: NYC
Programs: Amtrak Select Plus, Marriott Platinum, Marriott Lifetime Gold, Hilton Diamond
Posts: 3,123
Originally Posted by FightingIlliniUAL
Welcome back to UA my friends. Good riddance AWAC.
Aug 10, 2005, 6:06 am
#7
Original Poster
Join Date: May 2001
Location: IAD
Posts: 6,148
Warning of bankruptcy, naturally.
http://www.washingtonpost.com/wp-dyn...080901583.html
I'm surpirsed the west coast flights are 'less profitable'. What flights are profitable at all? And they can't blame this on fuel either, if fuel was free and that one time charge for 'impairment of long-lived assets' isn't there, they still would have lost 10 mil.
http://www.washingtonpost.com/wp-dyn...080901583.html
I'm surpirsed the west coast flights are 'less profitable'. What flights are profitable at all? And they can't blame this on fuel either, if fuel was free and that one time charge for 'impairment of long-lived assets' isn't there, they still would have lost 10 mil.
Aug 10, 2005, 9:01 am
#8
Join Date: Mar 1999
Location: SFO
Programs: United 1K
Posts: 2,264
Wonder if Southwest would take over and buy their gates if Independence folded?
Aug 10, 2005, 9:21 am
#9
Join Date: Mar 2005
Location: MSY
Programs: AA Plat Pro, UA Plat, VS Silver, Marriott Titanium, Hyatt Explorist
Posts: 2,531
ugh, their break even load factor was 109%.. it was a good experiment, guys, but ditch the A319s, repaint the airplanes and see if you can get some regional contracts.
Aug 10, 2005, 9:46 am
#10
Join Date: Aug 2002
Location: WAS, FLL
Programs: AA, B6, CO, DL, FL, UA, US Gold (only took 10k miles), WN, Amtrak
Posts: 1,299
Originally Posted by jaguar
Wonder if Southwest would take over and buy their gates if Independence folded?
Edited to add:
I believe that their A319 gates are owned my MWAA as I have flown on DH many times out of the VS gate at IAD.
Last edited by GWU ESIA STUDENT; Aug 10, 2005 at 9:49 am
Aug 10, 2005, 9:53 am
#11
Join Date: Aug 2002
Location: WAS, FLL
Programs: AA, B6, CO, DL, FL, UA, US Gold (only took 10k miles), WN, Amtrak
Posts: 1,299
Lap Children
Originally Posted by oopsz
ugh, their break even load factor was 109%.
Get 4.5 per CRJ flight and they hit the magic number. Of course the fact that they don't pay a fare is just a bit of a problem.
Aug 10, 2005, 10:03 am
#12
Join Date: Jun 2001
Location: NYC
Programs: AA PLT
Posts: 1,122
Originally Posted by FightingIlliniUAL
Welcome back to UA my friends. Good riddance AWAC.
Aug 10, 2005, 10:10 am
#13
Join Date: Sep 2002
Location: NOVA
Programs: IHG Rewards Platinum, Marriott Gold, Hilton Diamond, UA/DL/AA Back of the plane...
Posts: 4,612
Originally Posted by FightingIlliniUAL
Welcome back to UA my friends. Good riddance AWAC.
But, welcome back to UAL - I actually did not leave, UA is often less expensive than DH. But that is BECAUSE of DH. Even though I prefer DH.
Aug 10, 2005, 10:15 am
#14
Original Poster
Join Date: May 2001
Location: IAD
Posts: 6,148
UA might move back into the DH gates for RJs while I wouldn't be surprised to see jetBlue take up residence at some of DH's A319 gates. Particularly with their 190s coming soon.
Aug 10, 2005, 10:16 am
#15
Join Date: Nov 2002
Location: Chicago, IL USA
Posts: 862
Originally Posted by jaguar
Wonder if Southwest would take over and buy their gates if Independence folded?
Maybe B6 would be a hope. They could grab a few gates and perhaps pick up a couble Airbuses at fire-sale prices, and ramp IAD service back up.