Originally Posted by brent moore
Tracy Lee (VP Network Ops) was on my airplane on Thursday. He said that management just got out of a meeting with Airbus and that United is looking real hard at buying some Airbuses. He said that Airbus was really trying to get United's business . . . .
I get that the last decade and a half has seen some serious Black Swan events and that colors most everyones view, but wow, I can't believe how cynical and glass half full the whole world has become. I think the order shift is part of a larger very positive trend in improving future growth.
To whit . . . .
The above quote was taken from the other forum. There is also a slide taken from yesterday's investor conference that shows UAL talking about continuing to review the used market for further fleet enhancements.
I'll take switching orders to Airbus for 2:1 odds. Let's revisit this thread in 2 years and see how it goes.
On a slightly separate note, but still relevant . . .
Did anyone see Mr. Munoz on CNBC last night? In that interview the commentator asked about United's business plan. The plan announced at yesterday's investor conference calls for "$4.8 bil in net income enhancements by 2020". That announcement was coincident with the announcement from Warren Buffet that he invested $1.3 bil total into airlines including UAL/DAL/AA/ and SW.
I don't think you get $5 bil in earnings growth by flying more RJs or reversing growth plans.
Pollyanna? Maybe. Maybe not.