OBSTRUCTION OF JUSTICE.

 

>> DESPITE A SURGE OF COVID-19

 

CASES UNITED AIRLINES IS ADDING

 

HUNDREDS OF DOMESTIC FLIGHTS.

 

MORNINGSTAR FOUNDER MAKES A HIGH

 

PROFILE PURCHASE A HOTEL AND HOW

 

SOON WILL YOU BE ABLE TO ORDER

 

THE PLANT SANDWICH AT YOUR LOCAL

 

McDONALD'S.

 

HERE IS ANN DWYER.

 

WE'VE GOT THE SKYROCKETING COVID

 

CASES YET UNITED AIRLINES IS

 

ADDING FLIGHTS.

 

WHY IS THAT?

 

>> FOR UNITED AIRLINES NORMAL

 

CANNOT COME BACK SOON ENOUGH

 

THEY HAVE SUFFERED.

 

THEY ARE BETTING THAT AMERICANS

 

FEEL THE SAME WAY AND THERE ARE

 

ENOUGH OF THEM WHO WILL FEEL

 

SAFE ENOUGH TO FLY AROUND THE

 

HOLIDAYS.

 

SO MUCH SO THAT UNITED ANNOUNCED

 

TODAY THAT THEY ARE GOING TO ADD

 

15% TO THEIR DOMESTIC CAPACITY

 

AROUND THE HOLIDAYS TO

 

ACCOMMODATE THE TRAVELERS.

 

THE BIG QUESTION MARK IS WHETHER

 

THIS COVID SPIKE WE ARE LIVING

 

THROUGH IS GOING TO CONTINUE

 

INTENSIFYING.

 

IF IT DOES THE SLIGHT REBOUND IN

 

TRAVEL DEMAND THAT WE'VE SEEN IN

 

THE PAST FEW WEEKS IS NOT LIKELY

 

TO BE LONG-LAST SNOOK REMIND US,

 

IS UNITED PACKING FLIGHTS?

 

>> THEY ARE REPORTING THAT

 

DEMAND IS SIGNIFICANTLY UP.

 

THEY HAVE HAD VERY GOOD WEEKS

 

RECENTLY.

 

AGAIN, WE'RE MEASURING AGAINST A

 

POST COVID YARDSTICK WE ARE

 

NOWHERE NEAR THE LEVELS OF

 

TRAVEL DEMAND WE SAW PRECOVID.

 

>> THE MORNINGSTAR FOUNDER,

 

CHICAGOAN HE BOUGHT THE CHICAGO

 

FIRE MLS TEAM NOW HE BOUGHT THE

 

WALDORF ASTORIA IN CHICAGO FOR

 

$54 MILLION.

 

IS THAT A STEAL GIVEN THE

 

PANDEMIC HAS DEPRESSED PRICES?

 

>> IT IS.

 

IT IS A BARGAIN BASEMENT PRICE

 

WHEN YOU CONSIDER THAT IN 2015

 

THAT SAME BUILDING TRADED HANDS

 

FOR I BELIEVE $112 MILLION.

 

SO IN JUST A FEW SHORT YEARS THE

 

MARKET VALUE HAS PLUMMETTED.

 

TO BE FAIR, WE SHOULD NOTE THAT

 

THE WALDORF ASTORIA HAD ISSUES

 

BEFORE COVID CAME ALONG.

 

THE PREVIOUS OWNERS WERE LOADED

 

DOWN WITH DEBT.

 

SO WHEN THE COVID TRAVEL SLOW

 

DOWN HIT THEY WERE HIT

 

ESPECIALLY HARD.

 

>> GLAD TO GET IT OFF THE BOOKS.

 

LASTLY, McDONALD'S IS UPPING

 

ITS GAME IN THE FAUX MEAT ARENA.

 

TELL US WHAT TO EXPECT IN THAT

 

REGARD?

 

>> McDONALD'S EVERYBODY IN THE

 

INDUSTRY HAS BEEN WATCHING

 

WONDERING WHY IT'S TAKEN THEM SO

 

LONG TO ANSWER BURGER KING'S

 

IMPOSSIBLE WHOPPER.

 

WHICH CAME TO MARKET MONTHS AGO.

 

AND ACTUALLY NOW TODAY THEY DID

 

DECIDE THEY ARE JUMPING INTO THE

 

CATEGORY WITH BOTH FEET.

 

IT IS A VERY, VERY FAST GROWING

 

SECTOR IN THE FAST FOOD

 

BUSINESS.

 

THESE FAUX MEATS.

 

McDONALD'S HAS LAUNCHED AN

 

ENTIRE RANGE OF PLANT-BASED MENU

 

ITEMS TO ANSWER THE BURGER KING

 

CALL.

 

AND AT THE SAME TIME THEY HAVE

 

SAID THEY ARE NOT GOING TO TAKE

 

THE CHICKEN COMPETITION LINE

 

DOWN ANYMORE.

 

THEY ARE GOING TO LAUNCH A NEW

 

FRIED CHICKEN SANDWICH TO SEAL

 

BACK MARKET SHARE THAT THEY LOST

 

TO CHICK-FIL-A AND TO POPEYE'S

 

BECAUSE THEY'VE BEEN SELLING SO

 

MANY SANDWICHES THERE'S LINES

 

AROUND THE DOOR AND McDONALD'S

 

MISSED OUT ON A LOT OF THAT