FareCompare.com » RickSeaney.com » Bad News Dept: United to Cut Jobs, Flights

April 22, 2008

Bad News Dept: United to Cut Jobs, Flights

Filed under: News, Fuel Surcharges, United — Rick Seaney @ 11:11 am

 

Once again, blame it on the high price of jet fuel.

According to the AP, United Airlines says it’s going to cut 1,100 jobs this year (500 management, 600 union jobs), and it will cut capacity by 9% in the 4th quarter.

And, the airline will take another 10 to 15 narrow-body aircraft out of its fleet.

Sad thing is, United would have had a good quarter this year, if not for fuel costs, which have risen nearly 50% in a year.
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