Originally Posted by
crazyjaydawg
Looks like a GAAP loss for Q1. They’re blaming those greedy pilots and their new agreement for a one time payment that’s costing $800 million or 6% operating margin.
Otherwise it would be a $200-$300 million in earnings on 4-6% margin.*
*While they’re calling it estimates that is some funny math if you ask me.
United is also estimating a loss in Q1 as they seem to be accounting for some future costs of a new contract in advance.