Thread: UAL Q3 earnings

  #14  
Hedley , 10-14-2020 03:07 PM
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Hedley
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Quote: a cargo subsidiary is a must I would say. Either convert or buy new ones at cheap price
The problem with freight is that we’d be competing with Atlas and Kalitta, not Fed Ex or UPS. Freight prices now are artificially high due to reduced volume from the normal long haul airlines carrying freight. Our revenue from flying freighters would be in line with the ACMI companies, and they would kill us on cost. Purple and brown are completely different operations. They are global shipping companies that just use airplanes to fill their own trucks and make deliveries. We can’t compete with that. I wish that it would work though. Flying freight is better than dealing with flight attendants or passengers in every way.
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