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Thread: UA Announces Q3 2023 Financial Results 17 Oct / Conference Call 18 Oct
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Old Oct 18, 2023 | 4:34 am
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JNelson113
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Originally Posted by PA815
https://onemileatatime.com/insights/...and-softening/

https://onemileatatime.com/insights/...riers-trouble/

Interestingly, the ULCCs seem to be having the problems, with F9 and NK both forecasting losses in the traditionally profitable Q3. All while the legacies, with international networks, premium segmentation, and profits from credit cards, are going strong.
It makes sense to me. Lower income people (more the customers of the ULCCs) are being hugely impacted by inflation and have less money to spend on non-essentials.
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