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NW 3Q Loss: $475MM  
User currently offlineBigGSFO From United States of America, joined Jun 2005, 2951 posts, RR: 6
Posted (9 years 1 month 3 weeks 3 days 6 hours ago) and read 2237 times:

Excluding reorganization charges, net loss of $234MM.

http://biz.yahoo.com/prnews/051027/cgth064.html?.v=21

Not looking good.

5 replies: All unread, jump to last
 
User currently offlineStevenUhl777 From , joined Dec 1969, posts, RR:
Reply 1, posted (9 years 1 month 3 weeks 3 days 4 hours ago) and read 2140 times:

Sure isn't. Assuming $475mm each quarter, that's $1.9 billion total for the year, or $5.2mm per day.

I'm even more curious to see the cash burn rate per day, and where unrestricted cash is currently at, and where it's headed. That's key...

Excluding reorg. costs, NWA is still losing money operationally, though they are at the start of the process, and have a long way to go. They have no bones whatsoever about sticking it to the employees...at least UA was willing to negotiate in "good faith" and secured agreements (and relative labor peace) until 2009.


User currently offlineDerik737 From United States of America, joined Dec 2004, 333 posts, RR: 3
Reply 2, posted (9 years 1 month 3 weeks 3 days 4 hours ago) and read 2133 times:

Quoting StevenUhl777 (Reply 1):
I'm even more curious to see the cash burn rate per day,

It was a tad bit higher today since they flew an empty A319 off the new runway for display purposes.


User currently offlineKcrwFlyer From United States of America, joined May 2004, 3847 posts, RR: 7
Reply 3, posted (9 years 1 month 3 weeks 3 days 4 hours ago) and read 2077 times:

Quoting Derik737 (Reply 2):
It was a tad bit higher today since they flew an empty A319 off the new runway for display purposes.

Sure it wasnt scheduled somewhere in that region?


User currently offlineN908AW From United States of America, joined Aug 2005, 943 posts, RR: 1
Reply 4, posted (9 years 1 month 3 weeks 3 days 2 hours ago) and read 1984 times:

Quoting KcrwFlyer (Reply 3):
Sure it wasnt scheduled somewhere in that region?

Yes.



'Cause you're on ATA again, and on ATA, you're on vacation!
User currently offlineLightsaber From United States of America, joined Jan 2005, 13520 posts, RR: 100
Reply 5, posted (9 years 1 month 3 weeks 2 days 19 hours ago) and read 1873 times:
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Quoting StevenUhl777 (Reply 1):

I'm even more curious to see the cash burn rate per day, and where unrestricted cash is currently at, and where it's headed. That's key...

Me too. Cash burn is the critical number now for NW. Man am I curious to see DL's numbers...

Lightsaber



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