STT757 wrote:slcdeltarumd11 wrote:Just some facts for the people who still think its 2019:
Untied is still losing $25 million a day right now
They just lost 1.8 billion dollars Q3
Cash preservation is key to their survival and they continue to take on debt and loans using mileage plus and other assets to try to ride this out
The reason their loses haven't been worse is they have really reduced their flights and crew so much. They are not in a cash position to launch 15x very fuel thirsty 752s out of JFK on long transcons. United simply can't afford that kind of cash drain anytime soon and there isn't any demand to support that.
Have you seen all the new routes United announced,
San Francisco-Bangalore, Chicago-New Delhi, Newark-Johannesburg, Washington Dulles-Accra, Washington Dulles-Lagos, Newark-Maui, Chicago-Tel Aviv, Chicago-Kona.
Plus all the new flights to Florida from LaGuardia, Milwaukee, Indianapolis, Columbus, Pittsburgh, Boston etc..
With all that in mind it's curious why you feel so strongly that adding lets say five daily JFK-SFO flights would somehow bankrupt the company? United, nor American, nor Delta have even declared bankruptcy yet. Keep in mind that pre merger United was in bankruptcy for SEVEN YEARS! And during those seven years they added new flights and destinations. We have a long tough slog to get through this pandemic, my strong belief is that whom ever wins the Presidential election more economic support will be coming for the carriers. The carriers will still shrink, and there's still more rough road but I predict they will receive aid to carry them through until 2022 without any of the big three declaring bankruptcy.
The 752s are paid for and fuel is cheap, plus United is one of if not the largest tenant of the Port Authority of New York and New Jersey and pays a substantial amount to the agency each year in terms of rent and fees. If United asks the Port Authority will find a way to accommodate them at Kennedy, especially when so many international carriers have suspended service.
You literally make my point. Those are all leisure or targeted community routes. Look at them. Premium business demand is rock bottom which jfk-lax/SFO needs