WEBVTT

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OBSTRUCTION OF JUSTICE.

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>> DESPITE A SURGE OF COVID-19

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CASES UNITED AIRLINES IS ADDING

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HUNDREDS OF DOMESTIC FLIGHTS.

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MORNINGSTAR FOUNDER MAKES A HIGH

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PROFILE PURCHASE A HOTEL AND HOW

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SOON WILL YOU BE ABLE TO ORDER

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THE PLANT SANDWICH AT YOUR LOCAL

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McDONALD'S.

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HERE IS ANN DWYER.

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WE'VE GOT THE SKYROCKETING COVID

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CASES YET UNITED AIRLINES IS

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ADDING FLIGHTS.

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WHY IS THAT?

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>> FOR UNITED AIRLINES NORMAL

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CANNOT COME BACK SOON ENOUGH

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THEY HAVE SUFFERED.

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THEY ARE BETTING THAT AMERICANS

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FEEL THE SAME WAY AND THERE ARE

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ENOUGH OF THEM WHO WILL FEEL

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SAFE ENOUGH TO FLY AROUND THE

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HOLIDAYS.

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SO MUCH SO THAT UNITED ANNOUNCED

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TODAY THAT THEY ARE GOING TO ADD

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15% TO THEIR DOMESTIC CAPACITY

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AROUND THE HOLIDAYS TO

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ACCOMMODATE THE TRAVELERS.

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THE BIG QUESTION MARK IS WHETHER

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THIS COVID SPIKE WE ARE LIVING

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THROUGH IS GOING TO CONTINUE

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INTENSIFYING.

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IF IT DOES THE SLIGHT REBOUND IN

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TRAVEL DEMAND THAT WE'VE SEEN IN

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THE PAST FEW WEEKS IS NOT LIKELY

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TO BE LONG-LAST SNOOK REMIND US,

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IS UNITED PACKING FLIGHTS?

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>> THEY ARE REPORTING THAT

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DEMAND IS SIGNIFICANTLY UP.

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THEY HAVE HAD VERY GOOD WEEKS

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RECENTLY.

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AGAIN, WE'RE MEASURING AGAINST A

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POST COVID YARDSTICK WE ARE

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NOWHERE NEAR THE LEVELS OF

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TRAVEL DEMAND WE SAW PRECOVID.

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>> THE MORNINGSTAR FOUNDER,

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CHICAGOAN HE BOUGHT THE CHICAGO

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FIRE MLS TEAM NOW HE BOUGHT THE

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WALDORF ASTORIA IN CHICAGO FOR

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$54 MILLION.

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IS THAT A STEAL GIVEN THE

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PANDEMIC HAS DEPRESSED PRICES?

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>> IT IS.

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IT IS A BARGAIN BASEMENT PRICE

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WHEN YOU CONSIDER THAT IN 2015

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THAT SAME BUILDING TRADED HANDS

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FOR I BELIEVE $112 MILLION.

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SO IN JUST A FEW SHORT YEARS THE

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MARKET VALUE HAS PLUMMETTED.

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TO BE FAIR, WE SHOULD NOTE THAT

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THE WALDORF ASTORIA HAD ISSUES

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BEFORE COVID CAME ALONG.

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THE PREVIOUS OWNERS WERE LOADED

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DOWN WITH DEBT.

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SO WHEN THE COVID TRAVEL SLOW

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DOWN HIT THEY WERE HIT

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ESPECIALLY HARD.

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>> GLAD TO GET IT OFF THE BOOKS.

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LASTLY, McDONALD'S IS UPPING

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ITS GAME IN THE FAUX MEAT ARENA.

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TELL US WHAT TO EXPECT IN THAT

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REGARD?

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>> McDONALD'S EVERYBODY IN THE

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INDUSTRY HAS BEEN WATCHING

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WONDERING WHY IT'S TAKEN THEM SO

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LONG TO ANSWER BURGER KING'S

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IMPOSSIBLE WHOPPER.

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WHICH CAME TO MARKET MONTHS AGO.

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AND ACTUALLY NOW TODAY THEY DID

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DECIDE THEY ARE JUMPING INTO THE

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CATEGORY WITH BOTH FEET.

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IT IS A VERY, VERY FAST GROWING

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SECTOR IN THE FAST FOOD

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BUSINESS.

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THESE FAUX MEATS.

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McDONALD'S HAS LAUNCHED AN

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ENTIRE RANGE OF PLANT-BASED MENU

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ITEMS TO ANSWER THE BURGER KING

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CALL.

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AND AT THE SAME TIME THEY HAVE

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SAID THEY ARE NOT GOING TO TAKE

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THE CHICKEN COMPETITION LINE

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DOWN ANYMORE.

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THEY ARE GOING TO LAUNCH A NEW

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FRIED CHICKEN SANDWICH TO SEAL

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BACK MARKET SHARE THAT THEY LOST

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TO CHICK-FIL-A AND TO POPEYE'S

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BECAUSE THEY'VE BEEN SELLING SO

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MANY SANDWICHES THERE'S LINES

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AROUND THE DOOR AND McDONALD'S

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MISSED OUT ON A LOT OF THAT