Originally Posted by
Sunvox
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.
Remember those "trade deals" Trump says we are being screwed on? Look at any country we fly to and how many flights those countries get to the US and how many we get to there, and then look at the populations of each nation and I"ll bet we are underflying an equal share to each nation. Why should a country 1/5th the size of us get as many flights to the US as we get to them? Or even 1/2. Should be equal. I'll bet Buffet is betting US airlines start getting much more International flying over the next few years.