Us Airways Results Worse Than Reported

[Bluestreak]

Just maybe they decided to throw the $91 million one time charge into the first quarter report after coming to some sort of agreement about the possible merger. A "Let's get all the losses off the books" move that preceeds the emergence from bankrupcy.

Or maybe, management has given up all hope for finding exit financing and they said, "What the heck, let's show um what kind of turd company we really are."

 

[jimntx]

I think it's safe to assume that it was "tongue in cheek" by the author.

On another note, First Call has issued a new report on US and apparently the two analysts forecasting US earnings have revised downward. All estimates are per share (roughly 56 million shares outstanding), and only one analyst is giving quarterly guidance past this quarter.

2Q05 revised to a loss of $1.85 from a loss of $0.16
3Q05 to a loss of $1.80 from a $1.24 loss
4Q05 to a $2.60 loss from a $2.10 loss

For annual figures:

2005 revised to a $12.15 loss from a $7.72 loss
2006 to a $4.13 loss from a $3.00 loss.

Jim

[post="267160"][/post]​

BoeingBoy, a question if you please...
Is First Call part of the RC4? They are obviously trying to destroy U and when USA320whatchamacallit and the company get around to it, First Call's give is going to be much worse than the ask! You heard it here first!

 

[oldiebutgoody]

Seems to me that GE is only keeping UAIRQ afloat until they can place ALL of their aircraft elswhere. Expect further announcements of aircraft reductions real soon. From what I saw, the U/AW merger, if it even occurs, will really only keep the same number of planes that UAIRQ has right now, maybe even a few less. Looks more like a way for the "Oracle of Alabama" to save face than to really keep anything in business. It's just too bad that someone that knows anything about airlines didn't get a major portion of U rather than Bronner and gang. I wonder what would have happened had someone other than Siegel been hired to replace the crook, er, I mean Mr. Wolf?