<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by PremEx:
They feel they are not getting enough of the high revenue travel and want to focus more on that segment and less on others.</font>
Baby steps in the right direction helped UAL slightly in Q2, but there is still an uphill climb to recovery. Yield showed surprising improvement to 11.36, as did load factor to 74.4%. However, breakeven is still out of reach at 87%. Operating margins improved slightly, but still runs almost -13%. CASM was down fractionally over Q1, but is still higher year-on-year. The once proud cash position has been eroded to the point of almost vulnerability, and debt is also beginning to mount. Rono continues to focus on the traditional yield-driven revenue model rather than adopt the changes made by DAL and NWAC. The jury is out on whether this will work in the long run or not, but in the short term the focus must be on CASM reductions. So far its been too little, and I hope for UAL's sake that it doesn't get too late.