US Seeking to Refinance Debt
- Thread starter 700UW
- Start date
BoeingBoy
Veteran
- Nov 9, 2003
- 16,512
- 5,865
Well, depends of which revision of the grand plan....
The original v1.0 (when they were still trying to wrangle all the concessions) was about $45. By the time the merger was in a sure thing and the new-found money started started coming in - v3.6 - I think it was about $57-$58.
Jim
The original v1.0 (when they were still trying to wrangle all the concessions) was about $45. By the time the merger was in a sure thing and the new-found money started started coming in - v3.6 - I think it was about $57-$58.
Jim
Zarah
Veteran
"Moving forward, Parker and his management team must plan as best as they can for fuel price volatility, although Parker maintains he can make money even with oil at $60 a barrel."
http://pittsburghlive.com/x/tribune-review...s/s_434809.html
http://pittsburghlive.com/x/tribune-review...s/s_434809.html
Here are some of the details of what it will do for profits and cashflow:
"Upon completion of the transaction, the Company's debt amortization schedule will be reduced by approximately $88 million in 2006, $171 million in 2007, $269 million in 2008, $229 million in 2009 and $314 million in 2010. In addition, interest expense will be reduced by approximately $25 million in 2006 and $20 million in 2007. The Company's ending first quarter 2006 total cash, including restricted and unrestricted, was approximately $2.6 billion. The additional $150 million was funded after quarter end on April 7, 2006."
"Upon completion of the transaction, the Company's debt amortization schedule will be reduced by approximately $88 million in 2006, $171 million in 2007, $269 million in 2008, $229 million in 2009 and $314 million in 2010. In addition, interest expense will be reduced by approximately $25 million in 2006 and $20 million in 2007. The Company's ending first quarter 2006 total cash, including restricted and unrestricted, was approximately $2.6 billion. The additional $150 million was funded after quarter end on April 7, 2006."
Rumor has it we'll show a profit for the 1st qt-06. Not if, but how much...
We'll know soon enough. Maybe all the airlines will show stronger than expected results?!
FMR thinks so,no?
Similar threads
