UAL: More Furloughs Coming | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 07.20.17

Airborne 07.24.17

Airborne 07.25.17

Airborne 07.26.17

Airborne 07.27.17

Airborne 07.28.17

Airborne-Unmanned 07.25.17

Airborne-YouTube

AMA 07.20.17

Airborne 07.24.17

Airborne 07.25.17

Airborne 07.26.17

Airborne 07.27.17

Airborne 07.28.17

Airborne-Unmanned 07.25.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

Wed, May 26, 2004

UAL: More Furloughs Coming

Blame Skyrocketing Fuel Prices

It's the sort of proof no one was hoping for -- an indication that skyrocketing fuel prices are cutting into the commercial airline business. It's sort of like kicking a man when he's down (or just getting up).

United Airlines says it may have to lay off more employees because of increased fuel costs. The bankrupt carrier's chief operating officer, Pete McDonald, said "there's always a potential," when asked whether the higher prices for fuel would result in lay offs.

Speaking at an event for United's spinoff airline, Ted, McDonald compared the spike in fuel costs with the 9/11 attacks and last year's SARS epidemic.

"It's got the same effect on us," he said.

United's parent company, UAL Corp., filed documents in federal court Friday indicating the airline isn't currently hedging fuel prices. United predicts it will spend $750 million on fuel this year alone.

That echoes the warnings of analysts who say the industry's fledgling recovery could be all but erased by the fuel price spike.

FMI: www.ual.com

Advertisement

More News

Airborne 07.27.17: FAA--Meet The Boss!, Kitfox S7 Speedster!, Lancair Mako!

Also: Huerta On Privatization, Santa Monica, BasicMed and More!, Tecnam Updates Development Plans, Jack Pelton Interview--Part 4 The FAA Administrator’s Thursday morning foru>[...]

Airborne 07.27.17: FAA--Meet The Boss!, Kitfox S7 Speedster!, Lancair Mako!

Also: Huerta On Privatization, Santa Monica, BasicMed and More!, Tecnam Updates Development Plans, Jack Pelton Interview--Part 4 The FAA Administrator’s Thursday morning foru>[...]

AMA Drone Report 07.27.17: Oshkosh UAVs!, No Drone--A Bat!, Automated Airspace

Also: Deadwood SD v Drones Eagle Attacks Drone, Drone Pilot Ticketed AMA Drone Report--Help Wanted, Without a doubt, it's the world’s largest airshow -- and for several years>[...]

Airborne-Unmanned 07.25.17: Airspace Auto-Authorization, Bogus UAV Hit, CA Regs

Also: “Drone Billboard”, Eagle v Drone, Self-Driving Cars, Drone Locates Lost Man, Airborne-Unmanned-Help Wanted Greatly anticipated, it appears that this fall, some 50>[...]

AMA Drone Report 07.20.17: FAST Drones, GeoFencing, Certified Drone Photographer

Also: SureFly Helicopter Concept, 'Design a Drone', Raleigh v Drones, Aero-TV: AMA's David Mathewson The Drone Racing League recently tested the fastest racing drone, and set the G>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

AMA Drone Report 07.27.17: Oshkosh UAVs!, No Drone... T'was A Bat!, Automated Airspace

Airborne 07.27.17: FAA--Meet The Boss!, Kitfox S7 Speedster!, Lancair Mako!

Airborne 07.26.17: WomenVenture 2017!, Daher's TBM 910 OSH Debut, Avilution's UnPanel

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC