Us Airways Strategic Analysis

[whlinder]

Sorry, that would be in 2004 dollars.

 

[FrugalFlyerv2.0]

Illinois Basin crude was below $40 for the first seven months of 2004.

[post="253810"][/post]​

OK, by bad. But
1) still I'm still left with the impression that US management crafted a not-so-great business plan. It looks like they ran the numbers and saw that the only chance in he11 they have of surviving is with oil <$40.
2) when US filed for chpt. 11 was the price still under $40/barrel?

 

[mweiss]

1) still I'm still left with the impression that US management crafted a not-so-great business plan. It looks like they ran the numbers and saw that the only chance in he11 they have of surviving is with oil <$40.

That's a reasonable guess. Hard to say if it matches what actually happened, though. In any case, $40/bbl didn't really sound out of line at the time.

2) when US filed for chpt. 11 was the price still under $40/barrel?

[post="253899"][/post]​

No, though it did dip below $40 in December.