UAL 2nd Quarter Results
Question: Second-quarter results are out.
We made $500-800 million (depending on 'special charges'); Delta made $1.7 Billion.
1. Did purchases of 737s or other aircraft acquisitions (leases) lower the profit?
2. Did lowered revenue drive the hour cuts next summer?
3. Is this tied to the rumors of fewer new-hires?
On the other hand, stock was UP after the announcement.