VC10er wrote:I’m curious what has been put on hold for another day, and which projects are continuing?
enilria wrote:I don’t know about United but I think Delta has basically said they are only going forward with projects that can be done more cheaply during this time of reduced air travel. That includes things like the Salt Lake City terminal upgrade.
I think even that policy may be revisited.
DoctorVenkman wrote:The US3 are burning somewhere on the order of $20M-$30M in cash per day. This construction project is probably somewhere in the range of $50M-$100M over the course of a couple years. It's insignificant compared to their other expenses like fuel and payroll.
slcdeltarumd11 wrote:I think united will be very tight on cash. However EWR needs a non Polaris Lounge, the current situation is dire for UA at EWR. That project is just needed and there happens to be space there and they've gotten approval and permits. They might make it less flashy but they need to make a lounge badly for EWR. That is not a flashy investment that means anything, united desperately needs a Lounge or no one will pay for it whos EWR based. That lounge is desperately needed and cheaper to finish then start over, although I bet they cut corners and save wherever possible.
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