All United Airlines articles – Page 20
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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.
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NewsPilots and United to ask for ‘government assistance’: Pilots union
United Airlines will ask the US government to help airlines as they suffer deep losses following the drop-off in demand as the coronavirus engulfs the industry.
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NewsUnited grounds half its total capacity in response to coronavirus
United Airlines will reduce capacity by half in April and May and has cut executive officers’ salaries 50% in response to a pandemic United’s executives say makes operating an airline “nearly impossible”.
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NewsUnited scales back London and Dublin flights as US travel ban widens
United Airlines has nixed some flights to London and Dublin following the US government’s expansion of its travel ban to include passengers arriving from the UK and Ireland. From 20 March until at least the end of April, Chicago-based United intends to operate just three daily flights to London and ...
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NewsUS airlines cap fares from Europe
As the coronavirus crisis rapidly disrupts airline operations worldwide, major US carriers are taking measures to prevent price gouging for passengers desperate to return to the United States before travel restrictions between Europe and the US take effect on Friday.
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NewsUnited Airlines paints dire coronavirus scenario for 2020
United Airlines is preparing for a dark scenario for the aviation industry in the coming months as the coronavirus decimates demand and customers stay away from travel in order to protect themselves from becoming infected with the fast-moving flu-like disease.
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OpinionCoronavirus overtakes 737 Max as airline industry’s biggest concern
Covid-19 has seen airlines slash schedules and supplanted Boeing’s 737 Max as the industry’s big story. But what happens when the jet is cleared to fly again?
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NewsUnited withdraws 2020 guidance ahead of its investor day
United Airlines has withdrawn the full-year 2020 guidance it disclosed on 21 January as part of its fourth-quarter 2019 earnings report because of unexpected business losses from the coronavirus outbreak in the Asia Pacific region. The Chicago-based airline had previously expected its full-year 2020 adjusted earnings per share to be ...
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NewsTrans States Airlines to shutter operations as ExpressJet takes more United flying
United Express is consolidating its Embraer ERJ145 operations under ExpressJet as Trans States Airlines tells employees it is shutting down.
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NewsUnited cancels Max into September
United Airlines has taken the Boeing 737 Max out of its summer peak schedule as the beleaguered aircraft’s path to return to revenue service remains unclear.
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NewsUnited president encouraged by Boeing NMA ‘blank sheet’
United Airlines president Scott Kirby is encouraged that Boeing will go back to the drawing board for its proposed New Mid-market Airplane (NMA) widebody aircraft even as it remains mired in the grounding of 737 Max aircraft. “We are encouraged that Boeing is taking a blank sheet on the NMA,” ...
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NewsUnited 777, Virgin Australia ATR in Sydney airprox incident
The Australian Transport Safety Bureau (ATSB) is investigating a loss of separation incident near Sydney Airport, involving a United Airlines Boeing 777-300ER and a Virgin Australia ATR 72. The incident took place on 22 January afternoon. During its initial climb, the United widebody, registered N2333U, turned right, resulting in a ...
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NewsUnited commits to EPS target with or without Max
United Airlines focused its 22 January fourth-quarter 2019 financial results call with analysts on the earnings metric itself, with president and soon-to-be chief executive Scott Kirby saying “that is the key metric” given the uncertainty surrounding the return to service of the Boeing 737 Max. “We want to focus our ...