Are you taking this statement at face value? It's all about current and future bargaining.
Personally, I see this as a win for United. They shift flying to DEN, which lowers their airport fees at DEN by $22M per year. Further, United mothballs an additional $800M in airport expansion plans in IAH.
What United management is currently doing is playing one hub's city council off against the other in order to extract concessions.
At the same time, United has been able to get SWA to spend an additional $100M on HOU improvements.
At the present time, United's ASMs are shrinking. Unfortunately. Part of that is the economy, part of that is merger issues.
Eventually, United will start growing ASMs again. When they do, they will be playing off LAX, DEN, IAH, and ORD city councils for concessions in exchange for additional flying. SFO is pretty maxed out and my guess is that no additional east coast capacity is needed.
I'd be looking for nonstops out of IAH to the northwest US/Canada to shift to DEN and IAH in turn feeding the DEN hub with that traffic.
PRECISELY. If SWA's HOU expansion was not approved, United would simply blame the poor economy and 'right sizing all hubs'. No matter the outcome, United was going to draw down some IAH flying.
Andy, I don't really disagree with you at all. It was going to happen one way or another. I'm just trying to see if flop will actually admit that it's not SWA's fault. He is so blinded by hate that he can't see the forest for the trees.