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jbs2886
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Joined: Wed Apr 01, 2015 9:07 pm

Re: United 3Q20 Financials

Fri Oct 16, 2020 1:53 am

United1 wrote:
A few things from the call:
Resuming retrofitting Polaris and Premium Plus on the 787 fleet.
UA is expecting operating cash flow in the fourth quarter to be around $15-20 million a day. An additional $10 million or so a day in cash flow for debt/severance payments. in the quarter.
Expecting to be the first network carrier to return to positive cash flow.
Expanding at airport rapid Covid testing beyond just SFO.
Kirby is "reasonably confident" UA will return to JFK with TCON service and perhaps service to UAs hubs.


Do you mean $15-20M cash burn per day? But $25-30M including debt/severance?
 
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September11
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Re: United 3Q20 Financials

Fri Oct 16, 2020 2:16 am

January & February is coming soon..
Airliners.net of the Future
 
United1
Posts: 4263
Joined: Wed Oct 08, 2003 9:21 am

Re: United 3Q20 Financials

Fri Oct 16, 2020 4:50 am

jbs2886 wrote:
United1 wrote:
A few things from the call:
Resuming retrofitting Polaris and Premium Plus on the 787 fleet.
UA is expecting operating cash flow in the fourth quarter to be around $15-20 million a day. An additional $10 million or so a day in cash flow for debt/severance payments. in the quarter.
Expecting to be the first network carrier to return to positive cash flow.
Expanding at airport rapid Covid testing beyond just SFO.
Kirby is "reasonably confident" UA will return to JFK with TCON service and perhaps service to UAs hubs.


Do you mean $15-20M cash burn per day? But $25-30M including debt/severance?


Yes exactly...That is what UA is projecting for Q4.
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