Originally Posted by
cramje
United Airlines Holdings Inc annual net income for 2022 was $0.737B. DAL's TA is a $2.0B increase annually in book value - how would a hypothetical $2.5 B increase in UAL Pilot Contract book
value not make a dent in United massive profit? It doesn't just make a dent, it consumes most or all projected net income for next 3 years. Which may be the cost of doing business for SK (and is fine with me) - but
to categorize DAL's ask as trivial to bottom line at UAL is the reason why the First Amendment rocks!
You don't understand how this works. UAL had 2 horrible quarters do to COVID finishing up. Expect to break all profit records in future. That's 2.5b is broken up over years. 3rd , they put a few extra dollars on each Tix.
Done!