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Old Aug 9, 05, 12:47 pm   #1
 
Join Date: May 2001
Location: IAD
Programs: Gymboree Global Services
Posts: 5,556
Unhappy Another big loss

98.5 Million in Q2

http://www.flyi.com/company/pressarc...aug/080905.pdf
whlinder is offline  
Old Aug 9, 05, 1:31 pm   #2
 
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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.
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Old Aug 9, 05, 2:12 pm   #3
 
Join Date: Aug 2002
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Thumbs down

Quote:
Originally Posted by whlinder
98.5 Million in Q2
Ouch!!!
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Old Aug 9, 05, 9:15 pm   #4
 
Join Date: Feb 2004
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Quote:
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.
It's gonna suck.
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Old Aug 9, 05, 10:41 pm   #5
 
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Welcome back to UA my friends. Good riddance AWAC.
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Old Aug 10, 05, 4:42 am   #6
 
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Quote:
Originally Posted by FightingIlliniUAL
Welcome back to UA my friends. Good riddance AWAC.
Welcome back to UAL price gouging at IAD, you mean.
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Old Aug 10, 05, 6:06 am   #7
 
Join Date: May 2001
Location: IAD
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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.
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Old Aug 10, 05, 9:01 am   #8
 
Join Date: Mar 1999
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Wonder if Southwest would take over and buy their gates if Independence folded?
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Old Aug 10, 05, 9:21 am   #9
 
Join Date: Mar 2005
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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.
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Old Aug 10, 05, 9:46 am   #10
 
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Quote:
Originally Posted by jaguar
Wonder if Southwest would take over and buy their gates if Independence folded?
Will not happen; sorry. The CRJ gates at IAD can only accomadate RJs and will never be able to fit a 737. They are gournd level covered walkways and the terminal is also at ground level.

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.
__________________
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Last edited by GWU ESIA STUDENT; Aug 10, 05 at 9:49 am.
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Old Aug 10, 05, 9:53 am   #11
 
Join Date: Aug 2002
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Lap Children

Quote:
Originally Posted by oopsz
ugh, their break even load factor was 109%.
That is what the lap children are for. 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.
__________________
"Once you get hooked on the airline business, it's worse than dope."
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Old Aug 10, 05, 10:03 am   #12
 
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Quote:
Originally Posted by FightingIlliniUAL
Welcome back to UA my friends. Good riddance AWAC.
AWAC???
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Old Aug 10, 05, 10:10 am   #13
 
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Quote:
Originally Posted by FightingIlliniUAL
Welcome back to UA my friends. Good riddance AWAC.
Not sure what the reference to Air Wisconsin is here...

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.
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Old Aug 10, 05, 10:15 am   #14
 
Join Date: May 2001
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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.
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Old Aug 10, 05, 10:16 am   #15
 
Join Date: Nov 2002
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Quote:
Originally Posted by jaguar
Wonder if Southwest would take over and buy their gates if Independence folded?
Not likely - WN is already well entrenched at BWI, and does not have any presence at IAD. And RJs and A320s do not seem to be their type of jet.

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.
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