BigGSFO
Topic Author
Posts: 2214
Joined: Sun Jun 12, 2005 5:27 am

NW 3Q Loss: $475MM

Fri Oct 28, 2005 6:33 am

Excluding reorganization charges, net loss of $234MM.

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

Not looking good.
 
StevenUhl777
Posts: 3281
Joined: Sun Jul 08, 2001 11:02 am

RE: NW 3Q Loss: $475MM

Fri Oct 28, 2005 8:44 am

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.
And the winner for best actress is....REESE WITHERSPOON for 'Walk the Line'!!!!!!!!
 
Derik737
Posts: 262
Joined: Sat Dec 11, 2004 5:53 am

RE: NW 3Q Loss: $475MM

Fri Oct 28, 2005 8:46 am

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.
 
kcrwflyer
Posts: 2534
Joined: Tue May 18, 2004 11:57 am

RE: NW 3Q Loss: $475MM

Fri Oct 28, 2005 9:15 am

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?
 
N908AW
Posts: 863
Joined: Thu Aug 11, 2005 1:05 pm

RE: NW 3Q Loss: $475MM

Fri Oct 28, 2005 11:13 am

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 avatar
lightsaber
Crew
Posts: 11830
Joined: Wed Jan 19, 2005 10:55 pm

RE: NW 3Q Loss: $475MM

Fri Oct 28, 2005 5:34 pm

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
"They did not know it was impossible, so they did it!" - Mark Twain

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