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 -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 04.25.16

Airborne 04.26.16

AEA2016 LIVE!!! 0830-1230ET

AEA2016 LIVE!!! 1400-1700ET

AEA2016 LIVE!!! 1100-1400ET

Airborne Hi-Def On YouTube

Airborne 04.25.16

Airborne 04.26.16

AEA2016 LIVE!!! 0830-1230ET

AEA2016 LIVE!!! 1400-1700ET

AEA2016 LIVE!!! 1100-1400ET

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

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

Airborne 04.26.16: Drone v Airplane-NOT!, eFusion Electric Plane, ANN@AEA-LIVE!!

Also: MU-2 AOA, AMA Responds To Senate FAA Reauthorization, ANN@AEA Live 04/27-0830ET, ANN@AEA Live 04/28-1400ET, ANN@AEA Live 04/29-1100ET A report of a drone possibly colliding w>[...]

FAA Approves 5,000 Section 333 Exemption Petition Grants

Gowdy Brothers Aerospace Looks To The Future Of Non-Recreational UAS Use FAA Airman and Airspace Rules Division announces 5,076 approved Section 333 petition grants. The FAA furthe>[...]

Aero-News: Quote Of The Day (05.01.16)

"Working together, we have accomplished a truly incredible amount in the last couple of years. But we’re still really at the beginning of the process. We need to start thinki>[...]

ANN's Daily Aero-Linx (05.01.16)

Aero Linx: Alaskan Aviation Safety Foundation The foundation was created to improve aviation safety in Alaska thorough education, advocacy and research. We are a non-profit members>[...]

ANN's Daily Aero-Term (05.01.16): Common Point

Common Point A significant point over which two or more aircraft will report passing or have reported passing before proceeding on the same or diverging tracks. To establish/mainta>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC