It is a big day for aviation news. A380 production is reportedly being lowered, there are record Q1 profits for most US majors but not United Airlines, which took at 38% fall in net income. The Chicago-based carrier reported net income of $313m, or 88 cents per diluted share, down from $508m or $1.32 per diluted share, year on year. Poor Oscar Munoz, CEO of United, suffered a mauling on the earnings call where at one point he had to state: “Allow me a little more patience.” JP Morgan analyst Jamie Baker really did sum things up very nicely when
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