Originally Posted by
sinoflyer
Pacific PRASM declined 5.5% on +4.8% increase in capacity. Pacific revenues declined 1%. That actually looks better than DL (-2% PRASM / -10% capacity / -13% Pac rev). And overall, UA appears to have had a more solid 2Q than DL.
Nevertheless, 3Q revenues don't look as robust as people have been anticipating. Like DL last week, UA stock looks like a loser tomorrow.
The rub is in the (-1%) to +1% PRASM guidance vs +2.5 to 4.5% at Delta which will get questioned, but wouldn't surprise many here.
United capacity growth is up 4 vs up 2 at Delta which explains part of the difference, we'll see what the region mix is - Asia got worse for them all, and UA more exposed. And some book aways from people sticking it to United.
I'm guessing AA ends up somewhere in between.
I've enjoyed the 40% higher Saver Economy availability - getting 3 cents per mile or better on many run of the mill redemptions. Better than the value on biz class to Europe given the discount biz fares there lately.