<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Shareholder:
FA: CO went through Chapter 11, so has one of the lowest debt and operating cost structures in the industry, meaning it can make money on less revenue. I also has a smaller route system and tighter set of hubs at EWR and HOU, as well as CLE. And US lost US$2 billion last year and is now flailing around in the low fare, fill the cabin at any cost scenario exactly as CP was four years ago. Proportionately, this is an even bigger loss than the US$2.1 UA lost last year.</font>
US isn't always cheap. Ask the folks who live in CLT, PIT, or PHL!
There are two main reasons why US is having revenue problems:
1) Continued restrictions on DCA routes
2) Greedy pilots union preventing the airline from acquiring more RJs and belonging to an alliance.
Upgrades have nothing to do with it.