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Thread: UA Announces Q2 2020 Financial Results 21 July / Conference Call 22 July
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Old Jul 22, 2020, 12:53 pm
  #20  
spartacusmcfly
 
Join Date: Jan 2018
Programs: UA LT GS | UA LT Club | Marriott LT Titanium
Posts: 1,250
Originally Posted by WineCountryUA
Related Links for UA Q2 2020 earnings announcement

Q2 results (8K) PDF...
The 8K SEC filing tells us what we need to know:

1. $18B in cash on September 30, 2020
2. $5B in debt payments due in the next 12 months
3. No new aircraft cash outlays till 2022. (doesn't mean they won't take new aircraft, just means they've already negotiated the sale/leaseback on those birds)

So UAs in great shape for the next two years. If there's a vaccine, UA will thrive.
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