The United Airlines numbers look great.
Now for the EBIDTA SHOCK factor
The United Airlines numbers look great.
The story underneath?
Totally different.
$UAL Q1 is a masterclass in labor optics... and here’s what no one’s talking about.
Sales/Support down. ⬇️
Operations up. ⬆️
Heads are being moved to international routes where margins live.
Now for the SHOCK factor: (Employee EBIDTA chart below)
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