Originally Posted by
Skyw
I don’t see a winning strategy that will defeat LCCs or ULCCs? It’s not just a United problem, but AA and Delta too. How much more cash can United deplete from their pile with new aircraft orders and new labor contracts? United tosses money around in so many directions, I’m not convinced management has a grasp on controlling expenses at all.
Anyway, here is an article highlighting the LCC threat facing mainline:
https://www.bizjournals.com/chicago/...m-wow-air.html
Here’s an interesting article referencing the price war between United and Spirit in 2017. It didn’t go very well for Spirit:
https://finance.yahoo.com/news/spirit-airlines-investors-fear-united-172000885.html;
The article sums up that Spirit investors shouldn’t worry as United’s growth announcement won’t directly affect Spirit due to United’s growth being largely outside of Spirit’s market.
-Interestingly the article was written by the Motley Fool who seem to have something against United.