Originally Posted by
BagMan
Am I alone in thinking UAL is over extended?
AA and DAL seem to be making careful moves while UAL is expanding like crazy. It's been a while since I looked ,but a few years ago UAL had the most airplanes while being 4th in number of passengers carried behind WN. The level service at UAL has gone up to an impressive point. which is great, but when I look at sky taxis, supersonic aircraft , the vacuuming up of new hires, the new bases , new airplanes I scratch my head where is all this money coming from? Is this like the old days where "they hire until they fire" or have they cracked the encryption to the money printing machine?
No. They have put up big bets and so far it’s working. I was wondering what happens if the economy tanks. Yet UA has 8B in cash to ride out a storm. For now they seem to be in a good spot.