The Deal
Saturday, November 21, 
10:24 am

Entries tagged "United Airlines"

United Airline's debt running on spare parts

United Airlines collateralized its $175 million bond offering with spare parts from its planes.


Analyst: Much maligned airline sector now undervalued

Undoubtedly when the postmortem is written on the current stock market collapse, there will be examples of industries and companies who fell not on fundamentals but rather were simply caught in the downdraft. According to one prominent analyst, the U.S. airline business appears to be a good example of an industry that has been punished by Wall Street despite improving prospects....


United Airlines raises financing through asset sales

The parent of United Airlines has moved to shore up its cash position, saying Wednesday it has secured $275 million in fresh cash via a series of transactions....


Roll Call: How Googlebot killed United Airlines stock

Henry Blodget has an insightful post explaining why UAL Corp. shares lost more than 60% of their value in minutes due to a false bankruptcy report the other day. - Maria Woehr ...


United shares plummet on false bankruptcy report

Airline shares have regained some altitude since midsummer, thanks largely to receding oil prices and (so far) no major hurricane-related damage in the Gulf Coast. But investors in United Airlines Inc. parent UAL Corp. got a reminder Monday of how jittery the market still is when shares lost more than 60% of their value in minutes due to a false bankruptcy report....


Liquidation is not the answer for United Airlines

It is hard to tell if Roben Farzad is speaking on behalf of investors, customers or employees when suggesting that the parent of United Airlines Inc. should be liquidated. It is harder still to say which of these groups, if any, would benefit from his plan to put the troubled carrier out of its misery....


Investors applaud UAL's fundraising, ignore quarterly loss

Such is life in the airline industry these days that a company can report a $2.73 billion quarterly loss and still see its stock climb 50%. That is what happened with United Airlines Inc. parent UAL Corp. on Tuesday, which saw its stock soar despite a massive loss tied to $2.3 billion in noncash accounting charges. Excluding the one-time charges, the company's per share loss beat expectations, but its quarterly revenue was a little short of expectations. ...


Ratings Review: S&P equity downgrades airline sector

Standard & Poor's equity analyst Jim Corridore downgraded the airline industry from neutral to negative on Tuesday, giving up hope that the sky-high fuel prices that have crippled carriers will reverse any time soon....


US Airways the latest to announce deep cuts

US Airways Group Inc. joined the stampede of airlines cutting costs and looking to boost revenues after markets closed Thursday, announcing plans to axe flights, shrink its fleet and eliminate 1,700 jobs as well as increasing or adding a number of fees....


Dealwatch: Airline consolidation

While airline bankruptcies dominate headlines right now, buzz about M&A among carriers abounded for awhile. It has faded in the last month, as carriers keep taking themselves out of the running. Meanwhile, the industry braces for new cuts. ...


Airline industry bracing for new cuts by United, others

When J.P. Morgan Chase & Co. airline analyst Jamie Baker warned "there will be blood" in a research report last month, he complained airlines were not doing enough to cope with the realities of high oil prices. The U.S. industry could lose more than $7 billion this year, according to Baker, but are not cutting nearly enough to stay ahead of rising costs and avoid potential liquidity crises....


US Airways pilots latest to pan rumored deal with United

Another day, another union has come out against a rumored deal between United Airlines' parent UAL Corp. and US Airways Group Inc....



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Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


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Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


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Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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