If you want to see just how dire the situation is with respect to yields, go on ITA and do some route searches...I just did this for personal planning reasons, and UA is WAY lower than its competitors during both Thanksgiving and Springbreak timeframes from AUS to tons of destinations I just checked. LHR, FRA, DUB, CDG, DXB, LIS, MAD, NRT, HKG, BKK. Wherever they fly to themselves from AUS, the other legacies are typically charging significantly extra.

While I am sure the picture is generally better from their fortress hubs, I just did BKK from all their hubs and they still show up at the very top of the list in ITA even for IAH, EWR, SFO, LAX as origins.

I think this speaks to just how weak they project demand to be. And I suspect they are still too optimistic with respect to the demand level for their services...