Originally Posted by
Sunvox
I'd like to refine my earlier comment. The company said in the 8k filing they were advancing this from Q2 to Q1 so unless one believes the company is using SEC filings to play some mind game with UAL pilots the implication is that the company expects to have signed a deal before the end of Q2 otherwise there would be zero reason to move the charge forward.
There’s more to the update than that if you keep reading and compare to prior guidance.
The company also expects its fuel bill in the quarter to be about 4%-7% higher than previous estimate.
Meanwhile, a combination of lower-demand in January and February and higher capacity has weakened its pricing power.
Total revenue per available seat mile, a proxy for pricing power, is estimated to be up 22%-23% in the first quarter from a year ago, slower than a 25% growth expected.