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PITbull said:Your humble opinion...I'm too young to retire...you must be thinking of someone else.
[post="169532"][/post]
start another thread you two!!!!!cavalier said:I am sure I am, but stepping aside wouldn't kill anyone under constant and extreme stress, unless of course one is an android.
[post="169535"][/post]
i corrected kitty, scroll upktflyhome said:el Capitan is A320, I certainly didn't leave him out.
[post="169546"][/post]
PineyBob said:First if you lived up to your screen name and used your head you'll note preciesly what PITbull said "The financial reports we got from our analyst does not present what ALPA's doom and gloom scene does" She also went on to point out that US's figures are always slanted. Which in negotiations is no surprise to any of us. What is clear is that a lot of people don't trust US Airways much.
[post="169570"][/post]
PITbull said:UYH,
I am going to address you and FWAAA funny accounting principles...
The $250 million to pay down the ATSB loan that was not due until 2006, is precious funds the co. could have kept on hand.
To make such a payment on the ATSB loan, when it was not called, and then 3 months later tell labor (IAM and AFA) and indicate to the PBGC that they can't make the pension liability and may terminate them is down right deceitful, however, predictable of such a company.
I could care less how you and others want to think in your math minds and appropriate these funds on the balance sheet. But, it makes more logic than any kind of accounting principles that when you are "cash sensitive"...you hold on to your cash.
If you are speaking of the debt U has, then U shouldn't be reporting ANY profits until the ATSB and the rest of the creditors are paid in full.
So, give me a break, pal for exposing it. I am not going to sit idlely by and pretend this issue is of no consequence and that it didn't happen just to make you and those like you continue to live in your fantasy land and ignore the pension liability and make excuses why its not been paid for 2003 and 2004.
PS: Oh, btw, the co. reported a $34 million profit, but owes (a new figure and some how reduced over night ) $67 million on thier pension liability. Again, I don't believe the co. would have been in such a predicament to miss covenants if they didn't appropriate all those funds to the ATSB.
PITbull said:UYH,
I am going to address you and FWAAA funny accounting principles...
The $250 million to pay down the ATSB loan that was not due until 2006, is precious funds the co. could have kept on hand.
To make such a payment on the ATSB loan, when it was not called, and then 3 months later tell labor (IAM and AFA) and indicate to the PBGC that they can't make the pension liability and may terminate them is down right deceitful, however, predictable of such a company.
I could care less how you and others want to think in your math minds and appropriate these funds on the balance sheet. But, it makes more logic than any kind of accounting principles that when you are "cash sensitive"...you hold on to your cash.
If you are speaking of the debt U has, then U shouldn't be reporting ANY profits until the ATSB and the rest of the creditors are paid in full.
So, give me a break, pal for exposing it. I am not going to sit idlely by and pretend this issue is of no consequence and that it didn't happen just to make you and those like you continue to live in your fantasy land and ignore the pension liability and make excuses why its not been paid for 2003 and 2004.
In case you haven't been brought up to speed yet, and too busy trying to look for ways to discredit what I post, the company claims it might miss the covenants because of the pension liability. So, if I were a co. that was "cash sensitive", would I throw the funds to pay off the ATSB two years early???????
This is the reason for the thread.
PS: Oh, btw, the co. reported a $34 million profit, but owes (a new figure and some how reduced over night ) $67 million on thier pension liability. Again, I don't believe the co. would have been in such a predicament to miss covenants if they didn't appropriate all those funds to the ATSB.
[post="169615"][/post]
PITbull said:I could care less how you and others want to think in your math minds and appropriate these funds on the balance sheet. But, it makes more logic than any kind of accounting principles that when you are "cash sensitive"...you hold on to your cash.
If you are speaking of the debt U has, then U shouldn't be reporting ANY profits until the ATSB and the rest of the creditors are paid in full.
...
PS: Oh, btw, the co. reported a $34 million profit, but owes (a new figure and some how reduced over night ) $67 million on thier pension liability. Again, I don't believe the co. would have been in such a predicament to miss covenants if they didn't appropriate all those funds to the ATSB.
[post="169615"][/post]