A FlyerTalk Posting Legend
Join Date: Sep 2002
Location: LAX/TPE
Programs: United 1K, JAL Sapphire, SPG Lifetime Platinum, National Executive Elite, Hertz PC, Avis PC
Posts: 42,231
Let's just say I am looking at UAL June 2021 22 Strike puts - I think we're in for a decline of at least that as the vaccination schedule continues to fall apart, countries return to travel exclusion mode, and lockdowns begin spreading. I think the airline industry is in for a very rough ride in 2021 and any optimism is very misguided. Looking at the recent earnings call notes, I think UAL is in a complete state of denial and has no idea how to handle a multi-year collapse in global air travel. Some of those management comments are so beyond laughable, they border on negligence.
Time for new management!