UAWatch.com
#1
Original Poster




Join Date: Mar 2004
Location: Seattle
Programs: AS 75K, UAL Gold, Marriott Titanium
Posts: 1,448
UAWatch.com
I don't think I've seen any posts about this web site yet:
http://www.uawatch.com/
From the web site
I predict one of four scenarios, and have assigned probabilities for each:
United obtains private financing provided it pares back costs even further, which will almost certainly require more salary cuts and possible union resistance. However, success under this scenario would place United in the best competitive position relative to the other majors. Probability 40%.
United obtains private financing without further cost cuts, and needs to revisit bankruptcy court within another 1-2 years. Probability 20%.
United is liquidated, and a private firm familiar with financing airlines cherry-picks United's best assets (including prime routes and aircraft), possibly honoring frequent flyer miles in an attempt to retain the loyalty of United fliers. Probability 20%.
United is liquidated, and ceases to be an operating entity. Probability 20%.
http://www.uawatch.com/
From the web site
I predict one of four scenarios, and have assigned probabilities for each:
United obtains private financing provided it pares back costs even further, which will almost certainly require more salary cuts and possible union resistance. However, success under this scenario would place United in the best competitive position relative to the other majors. Probability 40%.
United obtains private financing without further cost cuts, and needs to revisit bankruptcy court within another 1-2 years. Probability 20%.
United is liquidated, and a private firm familiar with financing airlines cherry-picks United's best assets (including prime routes and aircraft), possibly honoring frequent flyer miles in an attempt to retain the loyalty of United fliers. Probability 20%.
United is liquidated, and ceases to be an operating entity. Probability 20%.
Last edited by 787; Jul 14, 2004 at 8:31 am
#2




Join Date: Jan 1999
Location: Too many
Programs: Lots
Posts: 5,765
According to this site, United's chance of liquidation is a combined 40%.
#3
FlyerTalk Evangelist
Join Date: Sep 1999
Posts: 12,375
Originally Posted by Axey
According to this site, United's chance of liquidation is a combined 40%.


#5




Join Date: Jan 1999
Location: Too many
Programs: Lots
Posts: 5,765
Originally Posted by PremEx
Clearly someone trying to make a buck out of putting fear in people's minds. Hrm, wonder where he got that strategy from...

