Thread: LUAL 737s
View Single Post
Old 03-15-2012 | 03:05 PM
  #80  
Regularguy
Gets Weekends Off
 
Joined: Jan 2011
Posts: 1,559
Likes: 0
From: A Nobody
Default

Let's see...

"Graham Atkinson, executive vice president at United and president of the airline’s Mileage Plus frequent flyer programme said, “The current conditions are too brutal to keep on flying capacity that isn’t needed. We have got to size the airline to the new reality.”

"Chairman, President and CEO Glenn Tilton said the "aggressive steps. . . demonstrate our commitment to size our business appropriately to reflect the current market reality, leverage capacity discipline to pass commodity costs on to customers, develop new revenue streams and continue to reduce nonfuel costs and capital expenditures."

In a message to employees, COO John Tague said the cuts are necessary "to assure United's long-term viability." He explained that retirement of the 737 fleet will "dramatically simplify our fleet and reduce our maintenance liability." Further, the retirements will remove the "oldest and least fuel-efficient jets" from service, reducing the average age of UA's fleet by 1.3 years to 11.8 years. " I said this... "3. Right sizing was done because the industry was unsustainable at those current levels. The Finance boys at the top said, "raise ticket prices," which means "capacity control/discipline."

Last edited by Regularguy; 03-15-2012 at 03:06 PM. Reason: Added a quote from previous post
Reply