Originally Posted by
channa
The traffic cut was an interesting one. Anyone who dug into it would see right through it. Not only what you mentioned, but prior to the cutover they even said they were not overbooking for that weekend. So 3-ish days of no overbooking should would barely make a blip on a report covering an entire quarter.
You would be surprised...
I'm sure this will be discussed on the 2Q earnings call, but I would imagine a drop in over-bookings would take 25-40bps off PRASM growth.
Another factor to consider is that China yields have fallen into the crapper, and UA has substantially more exposure to China than any other US carrier. Japan, on the other hand, has been relatively robust, which is helping DL. The trends were reversed after the tsunami...