Originally Posted by
Aquaticus
I believe our expenses this year were abnormally high due to debt, excess training, building at tk and new ord ops center and aircraft purchases but they should fall. Normally we are in the 2.3-2.7B to make the 6.9% cutoff. Delta has a hard dollar cap of 2.5B for the 10%-20% limit (for those that don't know.) My point was that the problem isn't the formula as they are virtually identical. They just produce more profits than we can currently.
So you think our expenses are going down? Despite adding a net 1500 pilots per year and net growth a/c? I’m expecting a contract in 2023 so add in those billions to the expense line. I don’t have your sort of optimism that costs will be reigned in while we execute United Next. I think expenses go up over time as history has shown they do. Cost of everything has gone up with inflation. I don’t think looking back at expenses is realistic. If we don’t shrink costs only go up.