‘There’s Just No New Opportunities’: United Airlines Execs Rip Into Low-Cost Rivals
As Delta and United continue to rake in huge profits, both airlines think low-cost carriers have limited recourse. During United’s second-quarter earnings call on Thursday, chief commercial officer Andrew Nocella declared that low-margin rivals have “largely run their course.” “The thing that’s very interesting is the growth line by these carriers is extremely unprofitable —…