A week ago, United updated its Q1 investor guidance, blaming revenue weakness on the severe weather experienced these last few months. They noted that unit revenue will be down 0.5%-2.5% this quarter compared to an initial expectation of a 0%-2% gain. Adam Levine-Weinberg at the Motley Fool thinks this is just the “latest in a long line of excuses that United’s management team has used to explain away weak results. As has often been the case, United’s excuses don’t quite hold up to scrutiny. United’s weak Q1 performance is merely one symptom of a much bigger problem: bad management.” Check out his interesting read here.
- United – Flight Attendants Can Keep Jobs…but at Continental Unit
- United to Increase Fees – “Just Scratching Surface”, Cuts SEA-NRT Flight
- Full Summary of United Devaluations & New Developments…plus my personal exposure
- What Does Lufthansa Think About United’s Devaluation & Member Redemptions?