Mar 20, 2020, 9:29 pm
Last edit by: WineCountryUA
Please do not modify or remove
In recent days a number of threads have started touching on the impacts on UA as a business going forward due to the travel disruption of COVID-19 --- including multiple Viability / Bankruptcy / Bailout discussions. While inconceivable a few months ago, UA (and all commercial airlines) is facing challenges that are uncharted.
This consolidated thread has been created by merging a number of existing threads that trend to address essentially the same subjects.
Some thread guidelines
-- This thread / forum is for discussing UA and the UA traveler, so please focus on UA in these discussions. Other forums exist to discuss other carriers or the industry in general -- we do just UA here.
-- This thread is for discussion of how UA gets from here to its future state.
-- All the standard FT rules apply. We will have a civil, constructive, collegial discussion -- even in these turbulent times.
-- While much of this will play out in the political arena, this forum is not the place for political / OMNI discussions. Please use threads in appropriate forums for that, such as Covid-19 US tax cuts or fiscal stimulus
-- Similarly, discussions of the evils / greed of corporations or other broad societal issues are out of scope, those are for OMNI -- let's stick to discussing UA, its past and its future here
-- Please do not start new threads on these topics in the UA forum. One reason for this consolidated thread was to minimize the redundant posts in separate threads. There is plenty of room in the scope of this thread to cover all aspects of these topics. (Note things like M&A, restructuring, ... would all be in scope).
-- Please once you have laid out your position, do not repetitively re-state that opinion. It is usually a better discussion if many participate vs a few dominating the thread
On behalf of the UA Moderator Team
WineCountryUA
In recent days a number of threads have started touching on the impacts on UA as a business going forward due to the travel disruption of COVID-19 --- including multiple Viability / Bankruptcy / Bailout discussions. While inconceivable a few months ago, UA (and all commercial airlines) is facing challenges that are uncharted.
This consolidated thread has been created by merging a number of existing threads that trend to address essentially the same subjects.
Some thread guidelines
-- This thread / forum is for discussing UA and the UA traveler, so please focus on UA in these discussions. Other forums exist to discuss other carriers or the industry in general -- we do just UA here.
-- This thread is for discussion of how UA gets from here to its future state.
-- All the standard FT rules apply. We will have a civil, constructive, collegial discussion -- even in these turbulent times.
-- While much of this will play out in the political arena, this forum is not the place for political / OMNI discussions. Please use threads in appropriate forums for that, such as Covid-19 US tax cuts or fiscal stimulus
-- Similarly, discussions of the evils / greed of corporations or other broad societal issues are out of scope, those are for OMNI -- let's stick to discussing UA, its past and its future here
-- Please do not start new threads on these topics in the UA forum. One reason for this consolidated thread was to minimize the redundant posts in separate threads. There is plenty of room in the scope of this thread to cover all aspects of these topics. (Note things like M&A, restructuring, ... would all be in scope).
-- Please once you have laid out your position, do not repetitively re-state that opinion. It is usually a better discussion if many participate vs a few dominating the thread
On behalf of the UA Moderator Team
WineCountryUA
UA's Viability / Financial Future due to the COVID-19 Era [Consolidated]
May 31, 2020, 1:44 am
#886
Moderator: United Airlines
Join Date: Jun 2007
Location: SFO
Programs: UA LT Plat 2MM, Hyatt Discoverist, Marriott Plat/LT Gold, Hilton Silver, IHG Plat
Posts: 67,048
According to this report from a recent conference call: https://simpleflying.com/how-united-...emand-down-50/
"Additionally, Kirby said that anything is on the table, even its loyalty program. This asset is not only incredibly valuable, it’s one of the best pieces of collateral that United has. Ultimately, it spins-off a steady stream of cash."
"Additionally, Kirby said that anything is on the table, even its loyalty program. This asset is not only incredibly valuable, it’s one of the best pieces of collateral that United has. Ultimately, it spins-off a steady stream of cash."
You can hear the original audio of that discussion here
However
So far AA is the only major carrier to signal it definitively plans to take the loan option
Last edited by WineCountryUA; May 31, 2020 at 1:50 am
Jun 1, 2020, 5:38 am
#887
Join Date: Jan 2013
Location: Delaware
Programs: UA Mileage Plus, Amtrak Guest Rewards
Posts: 1,400
A Heathrow slot is worth something if American [United] goes away. 737 MAX is worth something if American [United] goes away,” Wolfe Research MD Hunter Keay asked. “If American [United] goes away, what do you have at the loyalty program other than a list of names?
(I'm trying to keep this United related).
Jun 1, 2020, 11:11 am
#888
Moderator: United Airlines
Join Date: Jun 2007
Location: SFO
Programs: UA LT Plat 2MM, Hyatt Discoverist, Marriott Plat/LT Gold, Hilton Silver, IHG Plat
Posts: 67,048
Not sure of the question but probably related to if an airline completely collapses and goes into liquidation and no one purchases the customer assets, .... That's an outcome that is not considered very likely.
Chapter 11, mergers, ... maybe.
Chapter 7, liquidation, .... consensus seems unlikely, unneeded at this time
Chapter 11, mergers, ... maybe.
Chapter 7, liquidation, .... consensus seems unlikely, unneeded at this time
Jun 2, 2020, 2:25 pm
#889
Join Date: Jan 2018
Programs: UA LT GS | UA LT Club | Marriott LT Titanium
Posts: 1,250
TSA traffic is increasing ever so slightly. We're up to 14% of last year, after hovering at 10-12% for quite some time.
I'd love to see us exit June at 20% and July at 40%. My guess is we'll plateau at ~50%-60% until a vaccine is released.
I'd love to see us exit June at 20% and July at 40%. My guess is we'll plateau at ~50%-60% until a vaccine is released.
Jun 2, 2020, 2:46 pm
#890
FlyerTalk Evangelist
Join Date: Aug 2015
Posts: 11,516
TSA traffic is increasing ever so slightly. We're up to 14% of last year, after hovering at 10-12% for quite some time.
I'd love to see us exit June at 20% and July at 40%. My guess is we'll plateau at ~50%-60% until a vaccine is released.
I'd love to see us exit June at 20% and July at 40%. My guess is we'll plateau at ~50%-60% until a vaccine is released.
Jun 2, 2020, 2:59 pm
#891
Join Date: Jan 2018
Programs: UA LT GS | UA LT Club | Marriott LT Titanium
Posts: 1,250
You may be right. I'm doing my part. Booked Iceland and Crete for July. Comical schedule:
SFO-FRA-KEF - 25 hours
KEF-FRA-MUC-HER - 14 hours
HER-MUC-FRA-SFO - 23 hours
Shot down immediately by Mrs. Mcfly, now looking at JetBlue/Iceland Air routings...
SFO-FRA-KEF - 25 hours
KEF-FRA-MUC-HER - 14 hours
HER-MUC-FRA-SFO - 23 hours
Shot down immediately by Mrs. Mcfly, now looking at JetBlue/Iceland Air routings...
Jun 2, 2020, 3:05 pm
#892
FlyerTalk Evangelist
Join Date: Aug 2015
Posts: 11,516
If there's any kind of international leisure trip in my near future, I strongly suspect it will be constrained to nonstop to/from the US.
Jun 8, 2020, 11:30 am
#893
Join Date: Jan 2018
Programs: UA LT GS | UA LT Club | Marriott LT Titanium
Posts: 1,250
TSA traffic is increasing ever so slightly. We're up to 14% of last year, after hovering at 10-12% for quite some time.
I'd love to see us exit June at 20% and July at 40%. My guess is we'll plateau at ~50%-60% until a vaccine is released.
I'd love to see us exit June at 20% and July at 40%. My guess is we'll plateau at ~50%-60% until a vaccine is released.
That recently issued UA equity is looking pretty sweet these days!
Jun 9, 2020, 7:24 am
#894
Join Date: Jan 2005
Location: iah
Programs: ua-mm *G, hilton-gold
Posts: 704
Jun 9, 2020, 3:12 pm
#895
Join Date: Apr 2015
Programs: United Global Services, Amtrak Select Executive
Posts: 4,114
https://twitter.com/ArashMarkazi/sta...69419998990336 I have always thought that las vegas would show how fast the recovery would be. this video stunned me. a crowded casino last Saturday with few people wearing mask. the fact that there are over 16 million views for a video only several days old shows interest of people ready to get out. I now believe things will pick up fast once everything opens up. looks like a V recovery coming.
Jun 9, 2020, 3:30 pm
#896
Join Date: Sep 2006
Location: HNL
Programs: UA GS4MM, MR LT Plat, Hilton Gold
Posts: 6,447
https://twitter.com/ArashMarkazi/sta...69419998990336 I have always thought that las vegas would show how fast the recovery would be. this video stunned me. a crowded casino last Saturday with few people wearing mask. the fact that there are over 16 million views for a video only several days old shows interest of people ready to get out. I now believe things will pick up fast once everything opens up. looks like a V recovery coming.
Jun 9, 2020, 3:32 pm
#897
FlyerTalk Evangelist
Join Date: May 2012
Location: MCO
Programs: AA, B6, DL, EK, EY, QR, SQ, UA, Amex Plat, Marriott Tit, HHonors Gold
Posts: 12,809
It’ll be pretty interesting to see what Hawaii’s economy looks like in a few months. Or really most economies for that matter.
Jun 9, 2020, 3:39 pm
#898
Join Date: Nov 2007
Location: TPA
Programs: United MP
Posts: 463
If they are going to quarantine everyone from the mainland until a vaccine is discovered or the virus is eliminated then they won't have much of an economy left.
Jun 9, 2020, 3:53 pm
#899
Moderator: United Airlines
Join Date: Jun 2007
Location: SFO
Programs: UA LT Plat 2MM, Hyatt Discoverist, Marriott Plat/LT Gold, Hilton Silver, IHG Plat
Posts: 67,048
There are multiple better suited Hawaii discussion threads
When will Hawaii re-open for tourism?
Impacts of UA's reduced schedule on Hawaiian travelers (CARES exemption granted)
....
and likewise on domestic travel restrictions and economic impacts
Coronavirus and travel
USA domestic federal / state / city Covid-19 travel restrictions & isolation measures
....
Let's stay focus on UA's future in this thread and forum
WineCountryUA
UA coModerator
When will Hawaii re-open for tourism?
Impacts of UA's reduced schedule on Hawaiian travelers (CARES exemption granted)
....
and likewise on domestic travel restrictions and economic impacts
Coronavirus and travel
USA domestic federal / state / city Covid-19 travel restrictions & isolation measures
....
Let's stay focus on UA's future in this thread and forum
WineCountryUA
UA coModerator
Jun 15, 2020, 11:02 am
#900
Join Date: Jan 2018
Programs: UA LT GS | UA LT Club | Marriott LT Titanium
Posts: 1,250