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Old Sep 15, 2005, 9:59 am
  #74  
whlinder
 
Join Date: May 2001
Location: IAD
Posts: 6,148
Originally Posted by mid
How much money did UA lose in the preceeding 4 qtrs? How does that compare to DH? How much were they losing before they filed? Keep in mind that they are operating in Ch11, which isn't a fair comparison since they got to stick it to a good number of their suppliers and of course, the employees.

I don't think you can compare an airline operating under BK protection for the last 37 months with one that (essentially) just got started 12 months ago. DH is still paying their bills.
You have to compare how much they lost relative to their sizes. Relative to their sizes, UA is doing a hell of a lot better. UA also has a few assets, like landing slots at LHR & traffic rights at NRT.

Is it fair that UA had pensions that date to a regulated industry? Is it fair that the entire industry pay scale is based on seniority from unions in a regulated environment?

Life isn't fair. Neither is business.
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