United cuts more jobs

Thursday, 26 Nov, 2002 0

United Airlines is to cut more jobs as part of its plan to achieve $1.1bn a year in staff savings.

The airline is trying to win approval of a federal loan guarantee and consequently avoid the bankruptcy court.

The carrier, which is also trying to trim $1.4bn a year in other costs, said it hoped to return to profitability in 2004.

By 2004, the airline will be left with 74,000 employees compared with the current level of 83,000. United employed more than 100,000 before the September 11 attacks.

United plans to reduce its capacity by 6% in 2003 to achieve its goal of shrinking by 23% compared to pre-September 11 levels.



 



Most Read

Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know

Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham

Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago

Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research

Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact

Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference

Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role

Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal

Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination

Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness

Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future

Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...