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Using United Airlines, find its most current annual financial information. Then, in an essay of 200300 words, analyze the figures you found, noting trends and relationships. For example, you might find a company with high costs (CASM) and low fares (yield), resulting in a very high BLF (near 1.0). A high BLF will put pressure on marketing to keep seats filled. Another company might have PRASM less than CASM; meaning ancillary revenue (like baggage fees) will be very important to maintaining a profit. Make note of how the Airline is faring during the pandemic.

Annual Report: https://ir.united.com/index.php/sec-filings/sec-filing/10-k/0000100517-20-000010

https://www.cnbc.com/2020/04/20/united-airlines-ual-posts-1point2-billion-loss-amid-coronavirus-seeks-more-federal-aid.html

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