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Will US Airways Survive To Become Profitable?  
User currently offlineUA744KSFO From , joined Dec 1969, posts, RR:
Posted (9 years 10 months 2 weeks 3 days 6 hours ago) and read 3635 times:

I know a lot of us have discussed the ability of US Airways to survive, but now some of their officers are saying that they won't be profitable until 2007.

http://biz.yahoo.com/ap/041209/us_airways_bankruptcy_2.html

Sounds like a bad prognosis to me.

11 replies: All unread, jump to last
 
User currently offlineZvezda From Lithuania, joined Aug 2004, 10511 posts, RR: 64
Reply 1, posted (9 years 10 months 2 weeks 3 days 6 hours ago) and read 3630 times:

If you think there is a chance that US will ever be profitable, I have an airline to sell you.  Big grin

User currently offlineIsp From United States of America, joined Sep 2004, 101 posts, RR: 0
Reply 2, posted (9 years 10 months 2 weeks 3 days 1 hour ago) and read 3520 times:

And yet, they were profitable in the 3rd Quarter this year. No matter what you people seem to think, this airline is not going anywhere.

They made it through the failed UA merger, they made it through DCA being closed for 2 months after 9/11, and they are certainly going to make it now. They will never be the biggest of the majors. Any major who doesn't fly over the pacific (US is the only one) isn't on the same playing field. However, they will be around for years to come.


User currently offlineSHUPirate1 From United States of America, joined Sep 2003, 3670 posts, RR: 16
Reply 3, posted (9 years 10 months 2 weeks 3 days ago) and read 3494 times:

Just a few comments:

1) The ATSB loan covenants state that US Airways must be profitable in 2005. Given the fact that the former CFO stated that US Airways would not be, according to US Airways' own estimations, I would consider it possible that the ATSB might just call in that loan on December 10th, 2004, which would make their existence on December 11th, 2004 highly unlikely.

2) US Airways was not profitable in Q3 2004, in fact, US Airways lost 232 million dollars in Q3 2004. However, in Q2 2004, US Airways did make a 34 million dollar profit.

3) Washington-National was closed for less than a month after September 11th, 2001, not two months as you suggested. National re-opened on October 4th, 2001.



Burma's constitutional referendum options: A. Yes, B. Go to Insein Prison!
User currently offlineClipperaurora From United States of America, joined Aug 2004, 96 posts, RR: 0
Reply 4, posted (9 years 10 months 2 weeks 2 days 13 hours ago) and read 3396 times:

HEY SHUPirate1.....today's dec. 10th, and AIRWAYS is still flying...get a life pal!!!


//////// FLY THE FLAG
User currently offlineBurnsie28 From United States of America, joined Aug 2004, 7553 posts, RR: 8
Reply 5, posted (9 years 10 months 2 weeks 2 days 12 hours ago) and read 3355 times:

HEY SHUPirate1.....today's dec. 10th, and AIRWAYS is still flying...get a life pal!!!

Hey, Guess what, he never said that US Airways may not be flying today, rather, not flying tomorrow, while unlilkely that will happen....

....learn how to read pal.



"Some People Just Know How To Fly"- Best slogan ever, RIP NW 1926-2009
User currently offline7E72004 From United States of America, joined Mar 2004, 3587 posts, RR: 2
Reply 6, posted (9 years 10 months 2 weeks 2 days 11 hours ago) and read 3325 times:

will you two morons take it somewhere else...this forum is not for child like antics..thank you.


The next generation of aircraft is just around the corner!
User currently offlineATLhomeCMH From United States of America, joined Dec 2003, 770 posts, RR: 3
Reply 7, posted (9 years 10 months 2 weeks 2 days 11 hours ago) and read 3304 times:

Will US Airways Survive To Become Profitable?

If I've said it once, I've said it a thousand times...

"No way in hell."



"The most terrifying words in the Engligh language are, 'I'm from the government and I'm here to help.'"-Ronald Reagan
User currently offlineSHUPirate1 From United States of America, joined Sep 2003, 3670 posts, RR: 16
Reply 8, posted (9 years 10 months 2 weeks 2 days 6 hours ago) and read 3205 times:

clipper-Thanks for the advice, I'll be certain to take it into account. However, you might want to reread what I said, on two counts:

1) I said they would be likely to dissolve ONLY IF the ATSB called in the loan, which I thought could be possible, although it's obvious that won't happen anytime soon. If the ATSB calls in that loan, let's face it, US Airways is dead.

2) I said the date was December 11th, 2004, not December 10th, 2004

Burnsie-thanks for defending me, and due to your ability to read, welcome to the exclusive club known as my respected users list!



Burma's constitutional referendum options: A. Yes, B. Go to Insein Prison!
User currently offlineBa319-131 From United Kingdom, joined Jan 2001, 8561 posts, RR: 54
Reply 9, posted (9 years 10 months 2 weeks 1 day 15 hours ago) and read 3105 times:
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Well I sure hope they can survive.

I've just returned from the states flying US,all 4 fights were great,cabin crew all superb,some of my best flights ever.



111,732,3,4,5,7,8,BBJ,741,742,743,744,752,762,763,764,772,77L,773,77W,L15,D10,30,40,AB3,AB6,A312.313,319,320,321,332,333
User currently offlineHaveric From United States of America, joined Jan 2001, 1247 posts, RR: 4
Reply 10, posted (9 years 10 months 2 weeks 1 day 15 hours ago) and read 3096 times:

ATLHome -- while your argument centered on "no way in hell" is quite persuasive, do you have any actual explanation for your belief or are you just jumping on the down with US bandwagon?

User currently offlineJfklganyc From United States of America, joined Jan 2004, 3539 posts, RR: 5
Reply 11, posted (9 years 10 months 2 weeks 1 day 15 hours ago) and read 3090 times:

I landed at PIT this week. What a beautiful airport. What a ghost town.

Very sad indeed.

PJ


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