He's still on the streets of New Orleans, hasn't had a shower since Monday. |
I know he has the potential to go to the NFL. I don't want him to mess that up. I just want him to live out a better experience than I did. But it starts with making the right decisions. |
I'd like to ask you to slow down. Are we in some kind of hurry to get things done? |
If we can make it work -- fine. But we also have a problem with aircraft (being able to fly the route). |
It's been one of the worst weeks for (Toronto) stocks since April. |
It's taken us some time to truly understand what is needed to do it. |
Looking forward, we continue to believe that excluding one-timer merger-related transaction costs, the new US Airways will be profitable in 2006 - even at today's projected fuel prices. |
Our consolidation was largely driven by crisis. US Airways needed it to survive. And as the industry improves, there will be fewer crises. |
Our quarterly financial results reflect the continued difficult industry environment but also show some encouraging trends. Both US Airways' and America West's stand-alone results, excluding special charges, are much improved versus last year despite a nearly $200 million increase in expenses due to higher fuel prices. |
The biggest news from our third quarter 2005 was the completion of the US Airways/America West merger, and obviously our third-quarter results do not yet include any of the expected positive effects from that merger. |
The flip-side of that though is if you create value, you create value. And I think we're showing that you can create a lot of value -- much more than I think people thought -- by putting two airlines together. |
The issue here is we haven't been operating a reliable airline. We have been working as hard as we possibly could to figure out what the issues were and to get them addressed. |
The market's confidence in the new US Airways is extremely gratifying, and is evidenced by today's announcement and backed further by the recent sale of our former government-backed loans. While we have much work to do to successfully complete the integration of our two airlines, we are confident that we have taken the right steps to adequately fund a firm foundation for our new airline. |
The weakness has been largely concentrated in the technology sector. |
There's a lot of buzz in the industry about consolidation. There's a lot of value to be created by putting two airlines together. |