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United Airlines to cut fleet, flights and jobs
Summary from Canada, from articles in English
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United Airlines said Wednesday that it's cutting up to 1,100 more jobs, removing 100 fuel-guzzling airplanes from its fleet and slashing domestic capacity as it tries to cope with spiralling fuel prices. (article 1)
The carrier said it plans to cut an additional 900 to 1,100 salaried, contract and management employees by the end of the year, in addition to 500 previously announced job reductions. (article 1)
Officials said the "aggressive" moves are designed to the help the subsidiary of UAL Corp. weather an " unprecedented fuel environment. (article 1)
Crude oil futures prices peaked at a record above $135 a barrel nearly two weeks ago and airline fuel prices have been rocketing higher as well. (article 1)
" This environment demands that we and the industry act decisively and responsibly Glenn Tilton president and CEO, said in a statement. (article 1)
" At United, we continue to do the right work to reduce costs and increase revenue to respond to record fuel costs and the challenging economic environment. (article 1)
It is also scrapping its coach-only "Ted" service and reconfiguring those planes to include first-class seats. (article 1)
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Other stories about Airlines, capacity and flights:
Event tracking:
Story keywords
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Airlines, capacity, flights, United, domestic |
Source articles
- United Airlines cutting fleet to save fuel (cbc.ca, 06/04/2008, 277 words)
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blaster@cs.columbia.edu
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