Originally Posted by
PeakEGT
What’s alarming now is that UA is closing in on a deal with Airbus to pick up production slots which is stated by outlets, “those abandoned by JetBlue and Spirit.” What kind of negotiations did our CFO do that they have been keeping to their chest until May, other than deferrals. With UA wanting to expand rapidly into FL and their UA next program. I see that as a viable threat and if true we gave up slots to help expedite their growth plans.
I would offer a contrarian opinion; since 2018 UA has gone from $38B long term debt to $63B in long term debt, almost double in 5 years. Could pay off and the aggressive growth strategy may work. But this game has been played before and it doesn’t always work out well. Might be a little nervous with all that debt. But, just an opinion.