Originally Posted by
FriendlyPilot
There will be no new debt. The last 70 aircraft deliveries over the last 18 months were paid for with cash. United is on track to generate $8B in cash this year after $7B last year and has $20B cash in the bank and reduced long term debt by $1.5 B last year. These planes will be paid for with revenue, not from borrowing according to Kirby.
Not only did we order 50 more 787s but we added 50 more options at the same prices, so we can still get 100 more than the 150 firm 787s on order. We currently have 65 787s so we should be over 200 by 2030. Also Kirby said every single international route is profitable and they have 100 more International routes they could fly profitably but we don’t have the planes or pilots yet. I don’t know why the other airlines aren’t doing this but they probably don’t have United’s strong financial position. AA has $2B more in debt service payments than United. They are in a hole United has escaped. Kirby also said the new deliveries will pay for themselves!
Additionally we are replacing 440 RJs with mainline planes and the only way to do that is buying new planes, which are part of the 350 MAX planes that have been coming since 2021.
It’s remarkable how you could spend so much time gathering false information brainwashed to you in charm school. Not a single claim you made in your entire post is accurate.