FlyerTalk Forums - View Single Post - UAL 1Q 2013 call/results - Thursday 4/25/13
Old May 29, 2013, 8:05 pm
  #362  
FlyWorld
 
Join Date: Jun 2005
Posts: 4,645
Originally Posted by halls120
Maybe if all you do is look at the balance sheet in the short run, that label makes sense.
Even then, one could only look at the balance sheet and would have to ignore the income statement, right? Because if you look at the income statement, you see huge losses each quarter and scarce evidence of promised synergies.
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