United Airlines Won't Build Up Capacity Until Demand Starts Coming Back

The video discusses the Payroll Protection Act and its role in providing financial liquidity. It highlights the challenges of communicating with employees about future business prospects and the need for cost management. The speaker explains strategies for managing workforce and resources, including voluntary leaves to avoid furloughs. The video also covers the storage of aircraft and the decision to delay new orders until demand increases.

What was the primary purpose of the Payroll Protection Act as discussed in the video?

• To purchase new aircraft

• To expand the company's operations

• To increase employee salaries

• To provide financial support for liquidity and decision-making

How did the company plan to avoid furloughs?

• By selling aircraft

• By reducing employee salaries

• By increasing ticket prices

• By encouraging voluntary leaves

Where are the company's unused planes currently located?

• In the desert in Arizona

• In a private hangar

• In a foreign country

• In various airports across America

What is the company's stance on purchasing new planes?

• They are actively buying new planes

• They will only purchase planes if demand increases

• They have no plans to buy new planes

• They are selling their current planes

What is the company's approach to balancing capacity and demand?

• Build capacity only when demand is present

• Reduce capacity permanently

• Increase capacity regardless of demand

• Maintain current capacity levels