Prebennorholm From Denmark, joined Mar 2000, 6587 posts, RR: 54
Reply 3, posted (12 years 1 month 4 weeks 1 day 4 hours ago) and read 1098 times:
It is almost certain that UAL has borrowed every cent they possibly can with security in their fleet and other assets. From whom they borrowed, it doesn't matter.
Should UAL fold, then hopefully Boeing has the UAL debts fully secured in the planes thry sold to UAL. If they fold overnight, then there will be a temporary drop in resale prices. But people won't stop flying even if UAL stops, so they will be sold over time as other carriers pick up the present UAL business.
Always keep your number of landings equal to your number of take-offs, Preben Norholm
Searpqx From Netherlands, joined Jun 2000, 4344 posts, RR: 10
Reply 4, posted (12 years 1 month 4 weeks 1 day 4 hours ago) and read 1091 times:
Clickhappy, shame on you for teasing people like that. You're going to ruin our reputation for being friendly and helpfull here in the the great NW .
Seriously, Boeing is saying that while they have exposure, it shouldn't impact their earnings. UA has asked to renegotiate the $1.3B in financing, and Boeing did say that since it was mostly 777s, those could be, "redeployed if necessary". Here is the link: http://biz.yahoo.com/rf/021205/transport_boeing_outlook_3.html
"The two most common elements in the universe are Hydrogen and stupidity"