Originally Posted by
Andy
When Scotty was on CNBC the other day grinning from ear to ear, he slipped in that fuel costs were up $10 Billion year over year made me cringe. That's a problem for profitability.
I can't argue with your logic, especially with the financial markets going lower and the Fed just starting to tighten along with Quantitative Tightening.
Year over year, United is flying double the ASM's and have consumed nearly twice as much fuel.
Fuel costs should be up.
Costs don't matter when you generate enough revenue to overcome the costs. This isn't the GFC, yet. Don't jump headfirst into a yes vote unless the contract merits it.