Old 04-02-2020 | 03:01 PM
  #29  
AxlF16
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Joined: Aug 2008
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Originally Posted by libertyrisk
His comment today regarding parking 50 seaters was in response to a question if UA has any plans to park any fleets in the near future. His response was he’s hoping for a quick recovery and not having to park any airplanes at all. He said if the recovery is too slow, he’d be looking at parking the 75, 76 and airbus fleet. He then made the comment about parking 50 seaters if the recovery was too slow.

Oscar and Scott both said UA would be taking the grant money, and anticipates UAs share being around 5 billion. Scott said they were considering the loans but hadn’t seen the terms yet. He also said current 4th quarter forecasts are a 30% decrease in revenue.
He said the 50 seaters would be gone in nearly every scenario.
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