Originally Posted by
FlyPanAm
Raising $2.2 billion unsecured debt has no impact on operating cash flow, not sure what you’re on about. United doubled Delta’s operating cash flow for Q1 ($4.8 billion vs $2.4 billion). That’s the cleanest comparison you’re going to get. United also best Delta in total operating revenue when you remove Trainer ($14.6 billion vs $14.2 billion). This is the first time that has ever happened in the post-consolidation period. There are eye watering results by United and the trend post-COVID has been very clear. I remember last year Kirby saying Hauenstein picked the perfect time to retire.
Yet somehow, at the end of every year, Delta makes much more and the gap between the two will more than likely increase due to fuel. Same song and dance as last year and every year before.