There's no crying in the airlines!


The women in this video are no match for Mako's pics

United net loss: 1.6B

Delta net loss: 2.8B

United pretax loss: 2.6B

Delta pretax loss: 3.9B

This will probably upset a few of the snowflakes...
Oh Well

https://youtu.be/FpO0OV4mfvo

;)
Motch

How long can we hang?
 

If we have $18B in liquidity and our cash burn is 25M per day, any guesses on how long we can continue at this pace till a recovery comes about?

As a guy who is near the bottom, but not WARNed yet, am I wrong in thinking optimistically that based on these numbers we might just be able to keep flying empty airplanes for a few more years and wait out a recovery without furloughing 4000 pilots?

I think you are half right.

UAL is not going away. But the airline will be staffed for whatever demand is forecast, unfortunately.

No Christmas bonus for that pool you were going to put in. It’s Jelly of the Month Club for you next year.

Well it is the gift that keeps on giving.

LOL! Nicely done, CousinEddie and f15andMD11. I was looking for another quote to join in but couldn't find one to compete.


... on a more serious note, I just saw on CNBC that United's looking at 35% of normal revenue in Q3. I remember previous revenue forecasts to be around 60 or 70% in Q3. Something tells me a third furlough could be in my future ... so I've got that going for me, which is nice.

I think they probably wrote off the rest of ‘20 pretty early on. If bookings for the sumner aren’t in the 70% zone by the end of Q1....then yes, we’ll be staring at furlough “hat tricks”.

normal revenue.....not normal flights. Revenue was never forecast to be 60-70% by Q3.

AUG sked will be 35-40% of normal and the schedule will remain consistent throughout the rest of 2020. So by default this falls sked will be about 60% just because of normal seasonal reductions. No one is going to be getting a second or third furlough.