ClueByFour
Veteran
- Aug 20, 2002
- 3,566
- 37
totobird said:Dave Seigel brought Continental out of bankruptcy and made them a survivor. He couldn't help U.
[post="293037"][/post]
Wrong. That was the combined ego of Bethune and Bonderman.
Davey ran the express operation. Not exactly rocket science.
Congrats to US on the 2 million profit. It might not be enough, though. UA lost 274 million (but here is the hitch--if you remove their noncash onetime writeoffs, UA made 76 million). I mention this only because now UA and CO are functionally making money in the legacy space, and LUV, B6, and Citrus are in pretty good shape in the LCC space. I don't exactly know how US can squeeze between the two.