All United Airlines articles – Page 17
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NewsUnited suffers ‘most difficult’ quarter in its 94-year history
United Airlines posted a loss of $1.6 billion for the second quarter of the year as the global coronavirus pandemic brought commercial aviation to a near-standstill, decimating passenger demand and forcing the carrier to ground a large portion of its fleet.
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NewsUnited warns 36,000 employees their jobs are in danger
United Airlines has warned 36,000 employees, or 45% of its total staff, that their jobs may be in danger as the carrier prepares to downsize following the coronavirus pandemic.
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NewsUnited sees cancellations rise, warns of furloughs
United Airlines says cancellations of forward bookings are once again rising due to new travel restrictions and increasing numbers of coronavirus cases across the southern sun belt states, prompting a warning that furloughs will be inevitable.
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NewsMajor US airlines announce schedule changes
The three US legacy passenger carriers have announced changes to their schedules after a four-month period in which capacity and demand had hit all-time lows due to the coronavirus pandemic.
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NewsUnited 777 blade failure followed prolonged gap in P&W inspection training
US investigators believe prolonged absence of formal training and certification for a fan-blade inspection technique resulted in a flawed blade being returned to service and subsequently fracturing on a United Airlines Boeing 777-200. The fracture in the right-hand Pratt & Whitney PW4000 fan blade, during cruise at 36,000ft on 13 ...
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NewsUnited reinstates flights to Asia
United Airlines will resume flights between the US and several destinations in Asia next month.
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NewsUnited taps into MileagePlus programme for cash
United Airlines says it expects to have a total of $17 billion in liquidity by the end of the third quarter in part by leveraging its MilagePlus passenger loyalty programme, helping support the Chicago-based carrier through the unprecedented crisis that has gripped the travel industry since the beginning of the coronavirus pandemic.
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Airline BusinessNorth American carriers hunker down through crisis
While hard hit North American carriers may have found some comfort from state support packages and the size of its home markets, they have taken action swift action to limit cash burn to protect their businesses while waiting for passenger demand to return
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NewsUnited reshuffles management to prepare for post-coronavirus world
United Airlines says that it is reshuffling top management roles to better prepare itself for a post-coronavirus transformation.
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NewsUnited plans to remove seats from regional jets, CEO seeks union concessions
United Airlines says it is working on drawing up plans to remove middle seats on some regional aircraft if it is forced to furlough pilots due to the slow recovery following the global coronavirus pandemic.
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NewsUnited names Brett Hart as next president
United Airlines says it has named Brett Hart, currently the airline’s executive vice president and chief administrative officer, to be its new president, succeeding Scott Kirby, who is moving to the chief executive role later this month.
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NewsUnited outlines workforce reduction measures as union battle flares
United Airlines continues to reduce its workforce, disclosing plans to lay off broad swaths of office staff, warning of pilot furloughs and, facing union backlash, pitching a new voluntary leave programme.
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NewsWarren Buffett’s investment firm sells out of four major US carriers
Renowned investor Warren Buffett has dumped his stakes in four major US carriers, four years after joking that his firm Berkshire Hathaway was set to benefit from airlines’ tendency to increase fares ahead of its shareholder events. Buffett disclosed the decision to shareholders during Berkshire Hathaway’s 2020 event on 2 ...
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NewsUnited reports preliminary $2.1 billion first-quarter loss
United Airlines has reported a preliminary pre-tax loss of $2.1 billion for the first quarter of 2020 and a $1 billion pre-tax loss on an adjusted basis.
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NewsUnited sells 22 jets for leaseback including 787s
United Airlines is selling six Boeing 787-9s and 16 737 Max jets in a leaseback deal with the US division of Singaporean lessor BOC Aviation. BOC Aviation has disclosed the details of the transaction to the Hong Kong stock exchange. It states that the transaction covering the 22 aircraft is ...
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NewsUnited secures $5 billion in payroll support
United Airlines says it will receive $5 billion in payroll support from the CARES act, designed to assist airlines in managing through the coronavirus pandemic.
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NewsSouthwest and American announce government aid deal
Two US passenger carriers say they have reached deals with the government on the amount of emergency financial aid promised to the industry as part of the $2 trillion CARES Act, as airlines realign their networks to face the realities of the sharp drop-off in travel demand since the coronavirus pandemic began.
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In depthCan pilots hold onto their jobs? Careers under threat as demand for flights collapses
Almost 20 years ago, the aftermath of 9/11 saw a raft of lay-offs among flightcrew as demand for flying collapsed. Now, amid an even bigger crisis for aviation, we assess the likely impact on cockpit careers
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Airline BusinessUS carriers race to shrink fleets as nearly 400 near-term aircraft deliveries loom
The speed at which a handful of US passenger airlines bounce back from the coronavirus pandemic will to a large degree determine how significantly the virus downturn wallops airframers Airbus and Boeing.
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NewsUnited reinstates some flights to Europe, Asia
United has stepped back from its plans to cut 95% of its capacity and leave just a skeleton network in place through the coronavirus crisis, now reinstating some daily international routes to Europe, Asia and Australia, while running a few additional flights between now and the end of March to repatriate displaced travelers.