HMMMMM, Let’s visit some past quotes OK!!!
Pineybob says, “What I've been hearing Frontier has one foot in the grave and the other on a banana peel too. Apparently TED has had some effect.â€
Please post TED’S losses and LF for the 3Q OK! Or is it already counted as part of the 270+ MIL UniTED lost????
“Frontier Airlines, Inc. reported a net loss of $6.6 million, or $0.18 per diluted common share, for the airline's fiscal first quarter ended June 30, 2004.â€
Big difference this quarter huh Piney?? 2.1M VS 6.6M, big difference and still have a VERY good balance sheet to weather the storm with to!
NOVAQT says, “Mrfish is so cock sure about F9's operations that he and his senior management are so caught up in competing that they don't recognize when to retrench when the balance sheet tells them to. Mrfish, you can stay too long doing what your are doing to stay competitive and watch you airline get into trouble. Be careful that F9 does not become the first LCC to fall out of favor.â€
Reality CHECK, 3Q results speak for themselves. F9 is not so financial cash strapped as you all hoped it was.
“Southwest is beginning to have trouble of their own.â€
REALLY, 119M profit for the 3Q, doesn’t sound like they are broke either.
“TED is making a dent in your markets. Customers like being able to link to the Star.â€
Post TED’S LF and losses for the 3Q PLEASE????? TED is just UniTED shuttle in
New livery. It is still the SAME OLD UniTED Air Lines.
Liveinahotel says, “The story regarding the financial situation at Frontier is very, very true! Even know UAL is having its issues they will do whatever it takes to make sure F9 goes down the tubes.â€
Reality, UniTED has been trying to put F9 out of business for 10+ years with NO success. When the dust settles in the UniTED camp we’ll see who REALLY goes down the tubes. With every passing day in BK the chances of UAL going down the tubes looks more and more likely.
“Frontier is having money troubles rather you admit to it or not. Just wait and see what happens to them over the next several months. The rabbits, bobcats and foxes will be jumping of the tails and running back to the wild.â€
Reality, since this post we have added three new additions the magnificent animal familyHere at F9. Two NEW 319’S and a NEW 318, doesn’t sound like they are jumping off the tails to me. They just keep popping up from EVERYWHERE!!!
C54Capt says, “As for UAL killing Frontier, I think it would be more accurate to say UAL is killing UAL.â€
NOW TALK ABOUT REALITY, THIS IS THE REAL REALITY!!!
Busdrvr posts, “Frontier Trims Flight Schedule by 13 Pct.â€
Reality, it turned out to be a pretty smart move with the over capacity in the industry and the flat revenues. Hence the 2.1M loss VS the 6.6M loss from the 2Q.
I can continue the quotes, but you all know now that your predictions for the doom and gloom at F9 turned into a fizzle, LOL.
Wait!!!! A few more quotes from UniTED management.
This is YOUR TRUE REALITY CHECK!
Executives said again in disclosing quarterly results that eliminating employee pension plans, which they still cite as likely, wouldn’t be enough to make United financially competitive with fares the lowest they've been in more than a decade.
"Even though our unit revenue performance was on par with our peers, the pricing environment prohibits us from recouping high fuel costs," said chief financial officer Jake Brace. "Given the urgency of United's situation and the stark financial reality in the entire industry, United believes that it will have no choice but to seek significant additional labor savings beyond terminating and replacing our pension plans."
United is working on a new business plan, expected to be disclosed in about a month, that it says will involve more than $1 billion in additional cost savings. In addition to cutting wages and benefits again, it also has been reported to be poised for as many as 6,000 job cuts from its work force of 62,000.
FACT, UAL’S Jake Brace says “We don’t have a plan the is financeable.â€
REALITY, they are going to make the employees finance their plan (AGAIN) since they can’t find a financial institution crazy enough to back them with exit financing.
The company cited a "strong possibility" that it will fail to meet the requirements of its bankruptcy lenders in the fourth quarter.â€
Reality, HUH OHHHHHHHHHHH! So to all who have bashed F9, who is truly in worse financial shape? Your apologies are accepted!