More Cuts Coming At United | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.19.25

Airborne-NextGen-05.20.25

AirborneUnlimited-05.21.25

Airborne-AffordableFlyers-05.22.25

AirborneUnlimited-05.23.25

Wed, Jul 14, 2004

More Cuts Coming At United

Pete McDonald: "We Need To Dig Deeper"

At least two United Airlines executives say, if their company is ever going to get out of bankruptcy, it's going to have to make deeper cuts.

"We need to dig deeper on costs and get much more efficient, and that's become even more important with competitive pressures increasing and fuel prices as high as they are," Pete McDonald, United's chief operating officer, said in a recorded telephone message to employees. The message was quoted in the Chicago Tribune.

The nation's second-largest airline is still in shock over the government's third refusal to offer loan guarantees. Already, United has announced $5 billion in annual cuts. Now, 19 months into bankruptcy, CEO Glenn Tilton says the company is going to take a "very hard look at headquarters" to find more cuts.

Although United hasn't gone back to its unions for more concessions, some analysts think the company will have to cut down its pension fund if it's going to survive Chapter 11.

FMI: www.ual.com

Advertisement

More News

NTSB Prelim: Lee Aviation LLC JA30 SuperStol

A Puff Of Smoke Came Out From The Top Of The Engine Cowling Followed By A Total Loss Of Engine Power On May 9, 2025, about 1020 mountain daylight time, an experimental amateur-buil>[...]

Classic Aero-TV: Curtiss Jenny Build Wows AirVenture Crowds

From 2022 (YouTube Edition): Jenny, I’ve Got Your Number... Among the magnificent antique aircraft on display at EAA’s AirVenture 2022 was a 1918 Curtiss Jenny painstak>[...]

ANN's Daily Aero-Term (05.30.25): Very High Frequency (VHF)

Very High Frequency (VHF) The frequency band between 30 and 300 MHz. Portions of this band, 108 to 118 MHz, are used for certain NAVAIDs; 118 to 136 MHz are used for civil air/grou>[...]

Aero-News: Quote of the Day (05.30.25)

“From approximately November 2021 through January 2022, Britton-Harr, acting on behalf of AeroVanti, entered into lease-purchase agreements for five Piaggio-manufactured airc>[...]

ANN's Daily Aero-Term (05.31.25): Microburst

Microburst A small downburst with outbursts of damaging winds extending 2.5 miles or less. In spite of its small horizontal scale, an intense microburst could induce wind speeds as>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC