BENGALURU (REUTERS) - United Airlines said on Wednesday (April 15) that it has cut its flight schedule by 90 per cent in May and expects similar cuts for June as a result of the coronavirus pandemic, and warned that travel demand that is now 'essentially at zero shows no sign of improving in the near term,' making job cuts likely.. Read more at straitstimes.com.
BENGALURU - United Airlines said on Wednesday that it has cut its flight schedule by 90 per cent in May and expects similar cuts for June as a result of the coronavirus pandemic, and warned that travel demand that is now"essentially at zero shows no sign of improving in the near term," making job cuts likely.
United said it flew less than 200,000 people in the first two weeks of April, a 97 per cent drop from the more than 6 million people it flew during the same time in 2019. It expects to fly fewer people during the entire month of May than it did on a single day in May of last year, Mr Munoz and Mr Kirby said.
While the US$5 billion that United expect to receive in government wage support under the CARES Act bars its from involuntary furloughs before Sept 30, the airline indicated that it expects to have to cut payroll after that. It said it will be offering new voluntary leave packages in the coming weeks and voluntary separation programmes.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
United cuts May schedule by 90per cent, tells employees to brace for job cuts: memoUnited Airlines Holdings Inc told employees on Wednesday that it has cut its flight schedule by 90per cent in May and possibly June, and to ...
Read more »
Coronavirus: May 1 target for reopening US economy 'overly optimistic', infectious disease expert Fauci tells APWASHINGTON (REUTERS) - The top US infectious disease expert, Anthony Fauci, said on Tuesday (April 14) that a May 1 target date for reopening the economy was 'a bit overly optimistic,' citing a lack of critical testing and tracing procedures.. Read more at straitstimes.com.
Read more »
MMA: UFC aiming for May 9 comeback, White tells ESPNREUTERS: The UFC is aiming to stage a fight card at an undisclosed location on May 9 featuring at least two title bouts, the promotion's president ...
Read more »
Football: Takeover deal for Newcastle United edges closerLONDON (REUTERS) - A possible takeover of Premier League side Newcastle United by a group fronted by British financier Amanda Staveley with Saudi Arabian backing appeared to be moving closer to completion on Tuesday (April 14).. Read more at straitstimes.com.
Read more »
Asean must mount united response to pandemic, says PM LeeASEAN has to mount a united response to the coronavirus pandemic as the region is deeply connected and interdependent, said Prime Minister Lee Hsien Loong on Tuesday. Read more at The Business Times.
Read more »
Cigar-shaped interstellar object may be fragment of wrecked planetA reddish-colored cigar-shaped interstellar object called 'Oumuamua that is tumbling through our solar system may be wreckage from a planet ripped ...
Read more »