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United Airlines to cut fleet, flights and jobs
Summary from multiple countries, from articles in English
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United Airlines, one of the largest carriers at Los Angeles International Airport, said Wednesday that it would eliminate its low-fare Ted service, ground an additional 70 planes and pare up to 1,100 more jobs in response to soaring fuel costs. (article 8)
On Wednesday, Delta Air Lines, which had already announced a 10% reduction in its flights by year's end, said it too was weighing further cuts. (article 8)
CHICAGO - United Airlines said Wednesday that it's cutting up to 1,100 more jobs, removing an additional 70 fuel-guzzling airplanes from its fleet and slashing its number of domestic flights as it tries to cope with spiraling fuel prices. (article 2)
The squeeze, a byproduct of record oil prices that are pushing airlines toward financial disaster, accelerated Wednesday when United Airlines announced plans to take 70 more jets out of service and cut domestic capacity by 17 to 18 percent in 2008-09. (article 5)
CHICAGO - United Airlines plans to ground dozens of its least fuel-efficient aircraft in an effort to conserve cash and cope with spiraling fuel prices, according to published reports. (article 7)
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)
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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)
- United to cut flights, jobs, ground planes to cut fuel costs (seattletimes.nwsource.com, 06/04/2008, 611 words)
- United Airlines announces 1,100 job cuts (business.timesonline.co.uk, 06/04/2008, 210 words)
- United Airlines to cut fleet, flights and jobs (ft.com, 06/04/2008, 419 words)
- US air travel options shrink amid carrier strife (L.A. Times, 06/04/2008, 1015 words)
- United cuts mean more bad news for fliers (boston.com, 06/05/2008, 571 words)
- Reports: United to ground 737s, 747s to save fuel (seattletimes.nwsource.com, 06/04/2008, 297 words)
- Struggling United Airlines to phase out Ted (L.A. Times, 06/05/2008, 542 words)
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blaster@cs.columbia.edu
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