Originally Posted by
sinoflyer
The Wall Street investors barely asked a question about those contracts' impact on UA's future earnings during today's 2Q call. They didn't ask because attitudes and priorities have clearly changed from the toxic airline-labor relationship going back 30 years or more.
Right. They're well aware that anything less would've resulted in strikes during the season that would hurt the company the most, given the backdrop of record profits which the employees have also noticed.
That being said, I trust Kirby to continue to deliver record-setting profits. More of his trademark quality and service cuts, while steadily increasing airfare, should manage to offset the additional operational costs caused by the new contracts.