Originally Posted by FWAAA

As if on cue, Tilton apparently agrees with Arpey and has announced a plan to cut capacity this year:



http://biz.yahoo.com/prnews/070517/aqth139.html?.v=1

What I find strange is that UA chose to issue a press release to announce this trim; usually an airline would revise its guidance by filing an 8-K with the SEC, not accompanied by a press release. Press releases like this are usually reserved for news of expansion, not contraction.