kfitz
Topic Author
Posts: 140
Joined: Wed Jan 26, 2011 12:47 am

UAL To Book Q1 Loss

Wed Apr 25, 2012 4:45 am

Quote:
Barclays analyst David E. Fintzen wrote in a note that the merger is now potentially entering a period where it will be "far more difficult" for United to book bigger growth in passenger revenue than other airlines.
www.cbsnews.com/8301-505245_162-5742...ted-airlines-seen-posting-1q-loss/

Zane Rowe, ex-CO CFO quit late last week.

[Edited 2012-04-24 21:46:36]
 
codc10
Posts: 1970
Joined: Sat Jul 08, 2000 7:18 am

RE: UAL To Book Q1 Loss

Wed Apr 25, 2012 5:35 am

Quoting kfitz (Thread starter):
Zane Rowe, ex-CO CFO quit late last week.

For a career upgrade, moving to a VP position (with major upward mobility) at an iconic blue-chip company... haven't we been through this before? The airline business is where executive careers go to die, unfortunately.

Anyway, the growing pains of the merger are incredibly well documented, fuel prices are increasing, the international situation is not improving, the economy is still stagnant and the first quarter has the weakest demand of the year. A Q1 loss is unfavorable, but not shocking.

I'm not going to be Pollyanna and pretend all is right with this merger, but I won't go the opposite way and read into everything as if there's some giant conspiracy afoot.
 
Rdh3e
Posts: 3193
Joined: Wed Mar 30, 2011 2:09 pm

RE: UAL To Book Q1 Loss

Wed Apr 25, 2012 2:44 pm

Quoting CODC10 (Reply 1):
For a career upgrade, moving to a VP position (with major upward mobility) at an iconic blue-chip company... haven't we been through this before?

Yeah, and a company that just reported a $11.6B QUARTERLY earnings. More than the airline industry has probably earned in history.

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