United Airlines CEO warns travelers more disruptions ahead
The CEO of United Airlines said Wednesday that other airlines won’t be able to handle all the flights they plan to operate this year, leading to more disruptions for travelers. Scott Kirby said airlines that operate as if this is still 2019, before the pandemic, are bound to struggle. “The system simply can’t handle the volume today, much less the anticipated growth,” Kirby said.news.yahoo.com
Afraid to fly with unmasked passengers? Call your airline
Airlines say they are offering options — including refunds in some cases — for people worried about flying now that other passengers aren’t required to wear face masks. Customers could find themselves at the mercy of workers at airline customer-service centers. Many people who will be flying in the next few weeks bought their tickets before a federal judge in Florida on Monday struck down the requirement to wear a mask in airports and during flights.news.yahoo.com
United cuts flights as about 3,000 workers call out sick from Covid
Travelers push their luggage past baggage claim inside the United Airlines terminal at Los Angeles International Airport (LAX) during the holiday season as the coronavirus disease (COVID-19) Omicron variant threatens to increase case numbers in Los Angeles, California, U.S. December 22, 2021. United Airlines is trimming its schedule to address a surge in sick calls among employees, CEO Scott Kirby told employees. United has about 3,000 workers out sick with Covid, he said, which is about 4% of its workforce. The pilots' union said sick calls among aviators was at a record. American Airlines said it would do the same this week as Covid rates climbed among regional carriers.cnbc.com
American CEO Parker becomes latest airline chief to exit
American Airlines CEO Doug Parker will retire in March and be replaced by its current president, Robert Isom, as the airline seeks to rebuild after massive losses caused by the pandemic. Parker, 60, has led Texas-based American since late 2013, when he engineered a merger with smaller US Airways. Isom, 58, has been the heir apparent since becoming American's president in 2016 after Scott Kirby was forced out and joined United Airlines, where he now serves as the CEO.news.yahoo.com
US airlines say COVID-19 variants aren't hurting bookings
Rising concern about the fast-spreading delta variant of COVID-19 is creating turbulence for the stocks of big travel companies, but airline executives say they don’t see any slowdown in ticket sales, maybe because a high percentage of their best customers are fully vaccinated. “We haven't seen any impact at all on bookings, which continue to just get stronger and stronger every week,” United Airlines CEO Scott Kirby said Wednesday. Delta Air Lines CEO Ed Bastian said the same thing last week, although he added that variants were continuing to hobble international travel by delaying the opening of borders.news.yahoo.com
United Airlines flies to JFK for the first time since 2015, taking advantage of pandemic lull
United Airlines on Sunday flew to New York's John F. Kennedy International Airport for the first time in more than five years as the carrier takes advantage of a lull in air travel to snag space at the once-congested airport. United's JFK service kicked off with a 7:30 a.m. PT flight from Los Angeles International Airport and a 9:30 a.m. PT flight from its San Francisco International Airport hub. The JFK-San Francisco flight departed at about 5:30 p.m. The airline will operate five flights a week from JFK to Los Angeles and five San Francisco flights a week, doubling that in May. United's New York-area service has been concentrated at its Newark Liberty International Airport hub and at New York's LaGuardia Airport.cnbc.com
US air travel rises to highest levels yet since pandemic hit
(AP Photo/Rick Bowmer, File)Across the United States, air travel is recovering more quickly from the depths of the pandemic, and it is showing up in longer airport security lines and busier traffic on airline websites. "Our last three weeks have been the best three weeks since the pandemic hit, and each week has been better than the one prior,” American Airlines CEO Doug Parker said Monday. However, the airlines still have far to go before travel fully returns to pre-pandemic levels. Since the pandemic hit, air travel has picked up a few times — mostly around holidays — only to drop back down. The airline said people are booking leisure trips to beach and mountain destinations but business travel is still lagging.
Air travel jumps as vaccinations spur vacation bookings, stocks surge
But TSA screenings have topped 1 million every day since Thursday, the highest volumes in a year. It had estimated in January that it would lose $19 million a day during the first three months of the year. Airline CEOs noted that bookings aren't just picking up for the near term, but for the summer vacation season, generally the most lucrative for airlines. "I think that there's going to be more travel going forward, just period," he said at a JPMorgan industry conference. Southwest Airlines said revenue trends are improving as it slightly lowered its forecasts for cash burn in the first quarter.cnbc.com
Airline CEOs, Biden officials consider green-fuel breaks
Airline officials are talking to the Biden administration about support for incentives to use cleaner fuels for airplanes. United Airlines said CEO Scott Kirby asked administration officials to support incentives for sustainable aviation fuel and technology to remove carbon from the atmosphere. A United Nations aviation group has concluded that biofuels will remain a tiny source of aviation fuel for several years. Some environmentalists would prefer the Biden administration to impose tougher emissions standards on aircraft rather than create breaks for biofuels. “We stand ready to work in partnership with the Biden administration.”
United: Small electric air taxis will zip people to airports
United Airlines says it could be using small electric-powered aircraft to take customers to the airport within a few years. United said Wednesday, Feb. 10, 2021, that it will buy up to 200 small aircraft capable of helicopter-style takeoffs and landings from startup Archer. (AP Photo/Nam Y. Huh, File)CHICAGO – United Airlines said Wednesday it will buy up to 200 small electric air taxis to help customers in urban areas get to the airport. United estimated the air taxis could shuttle people from Hollywood to Los Angeles International Airport at about half the carbon emissions per passenger. Chicago-based United portrayed the move as part of a broader plan to invest in technology behind cleaner modes of air travel.
United Airlines orders electric vertical aircraft, invests in urban air mobility SPAC
Archer Air Source: Archer AirUnited Airlines believes you may someday take a small electric aircraft to get to the airport. Archer Air Source: Archer AirTo go from concept to certified aircraft, Archer is raising $1.1 billion through a SPAC merger with Atlas Crest Investment Corp. Archer Air Source: Archer AirUnited estimates passengers making the 13-mile trip from Hollywood to Los Angeles International Airport in an Archer eVTOL aircraft could reduce CO2 emissions by 50%. In December, California-based Joby bought Uber Elevate with plans to have eVTOL aircraft entering service as soon as 2024. Archer Air Source: Archer Aircnbc.com
United Airlines shares lose altitude after weak 1Q forecast
FILE - In this Oct. 15, 2020, file photo, a United Airlines airplane takes off over another United plane on the runway at San Francisco International Airport in San Francisco. United also gave a slightly more pessimistic first-quarter outlook than rival Delta Air Lines did just last week. The January-through-March period is a slow time for air travel even in normal years, but United said first-quarter revenue will be down 65% to 70% from a year ago. That prediction was five points worse than Delta forecast and implied no real improvement over United’s fourth quarter. Except for around Thanksgiving and Christmas, U.S. air travel has stubbornly remained down more than 60% from a year earlier.
United Airlines posts $1.9 billion loss in pandemic-laden 4Q
FILE - In this Oct. 15, 2020, file photo, a United Airlines airplane takes off over another United plane on the runway at San Francisco International Airport in San Francisco. United lost $7.1 billion in 2020, an amount exceeded only in 2005, when bankruptcy-related costs pushed the company to a $21 billion loss. That was worse than the $6.62 per share loss predicted, on average, by 19 analysts in a FactSet survey. Revenue tumbled to $3.41 billion, nearly matching the $3.42 billion that was forecast by analysts. Shares of United Airlines Holdings Inc. rose 1% to $45.18 in regular trading before the financial results were released.
United loses $1.8 billion, aims to shift focus to recovery
Empty ticketing counters are seen in Terminal 1 at O'Hare International Airport in Chicago, Wednesday, Oct. 14, 2020. United Airlines, which furloughed 13,000 employees this month, is expected to report a large third-quarter loss as the coronavirus pandemic continues to batter air travel. (AP Photo/Nam Y. Huh)
United loses $1.8 billion, aims to shift focus to recovery
United Airlines, which furloughed 13,000 employees this month, is expected to report a large third-quarter loss as the coronavirus pandemic continues to batter air travel. (AP Photo/Nam Y. Huh)United Airlines financial hole grew deeper over the summer as a modest recovery in air travel slowed down, pushing the carrier to a loss of $1.84 billion in the typically strong third quarter. The results from United, and those issued a day earlier by Delta Air Lines, reinforced the damage that the pandemic is doing to a major industry. Seven months into the worst of the coronavirus impact in the U.S., air travel remains down 65% from a year ago. United, Delta and American rely on business and international travelers for much of their revenue.
United says it will drop widely scorned ticket-change fees
United's move will put pressure on American Airlines and Delta Air Lines to drop their change fees, also $200 on domestic travel. Delta and American said they are waiving change fees for travel affected by the virus through the year's end. Southwest Airlines does not charge change fees, a policy which its CEO says has helped it gain more business. United said that it eliminated change fees for people who buy a standard or premium economy ticket for U.S. travel. United also said that it will extend a broad waiver of change fees including for international travel through Dec. 31.
American, Southwest add to US airline industry's 2Q losses
That pushed the combined loss of the nation's four biggest airlines to more than $10 billion in just three months. Between them, American and Southwest carried 15.4 million passengers from April through June. Earlier, Delta Air Lines reported a $5.7 billion loss that was worsened by writing down investments in global airline partners who have filed for bankruptcy protection, and United lost $1.6 billion. American, based in Fort Worth, Texas, reported a loss of $2.07 billion, compared with a year-ago profit of $662 million. Seattle-based Alaska Airlines said it lost $214 million compared with a $262 million profit a year earlier.
United sees revenue stalling at 50% without a virus vaccine
United Airlines says its face mask requirement now extends to ticket counters and airport lounges. United and all other major U.S. airlines already require passengers to wear masks during flights. United said it limits full flights by substituting larger planes 4,000 times in May and June, it said. Labor is the biggest single expense for most airlines, and United last week warned 36,000 employees that they could be furloughed in October. All of them require passengers other than small children to wear a mask during flights except while eating or drinking.
Countries eager for tourists, Tokyo Disneyland reopens
Travelers push their luggage at the departure terminal of the Rafik Hariri International Airport in Beirut, Lebanon, Wednesday, July 1, 2020. Capri has 98% of its stores open in the Asia and EMEA regions. EgyptAir said around 2,000 passengers left the Cairo international airport on 14 international flights, the first regular flights since the coronavirus outbreak. International travelers have been able to fly into Greece since June 15, but only to Athens or Thessaloniki. United plans to fly 52% of its year-ago domestic schedule in August, but only 25% of its previous international flights.
American booking full flights next week; Big Lots still busy
Travelers wear mask as they wait at the American Airlines ticket counter in Terminal 3 at O'Hare International Airport Tuesday, June 16, 2020, in Chicago. Beginning June 16 at American Airlines and June 18 at United Airlines, all passengers and crew members will be required to wear masks to prevent the spread of the coronavirus. (AP Photo/Nam Y. Huh)
American Airlines will book flights to full capacity
DALLAS American Airlines will start booking flights to full capacity next week, ending any effort to promote social distancing on its planes while the United States sets records for new reported cases of the coronavirus. American said Friday that it will continue to notify customers if their flight is likely to be full, and let them change flights at no extra cost. Since April, American has limited bookings to about 85% of a plane's capacity by leaving about half the middle seats open. Delta, Southwest, Alaska and JetBlue say they block middle seats or limit capacity, with some of them promising to continue that practice through September. Photos and videos of full flights on American and United have drawn criticism for their lack of social distancing.
American booking full flights next week; Big Lots still busy
This is likely to involve the appointment of administrators.TRAVEL & LEISURE: American Airlines will start booking flights to full capacity starting next Wednesday. American said Friday that it will continue to notify customers of full flights and let them change flights at no cost. Since April, American has said it limits bookings to leave about half of middle seats open. Delta, Southwest, Alaska and JetBlue say they block middle seats or limit capacity. United Airlines CEO Scott Kirby has said social distancing is impossible on planes -- even with empty middle seats, people are less than six feet from each other.
Global tourism upended; worst-case earnings scenario dodged
(AP Photo/Matt Dunham)The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to national and global response, the work place and the spread of the virus. ________________________SUPPLY DEMANDED: The virus has upended supply chains and shut stores that would typically furnish goods and services. EARNINGS SEASON: The worst was expected this season and must Wall Street analysts believe the majority of companies at least dodged that. The Buckle, which closed all of its stores on March 18, reported a loss of $11.8 million, and sales slumped 42.7%.
Ford temporarily halts work at 2 plants; Rolls cuts jobs
________________________ON AGAIN, OFF AGAIN: Ford temporarily halted production at two assembly plants Tuesday and Wednesday after three workers tested positive for the novel coronavirus. On Wednesday a worker at the pickup truck plant in Dearborn, Michigan, tested positive for COVID-19, Ford confirmed. On Tuesday, Ford temporarily closed its Chicago SUV factory twice after two workers tested positive. Lear confirmed that production was suspended after an employee told the company of a positive COVID-19 test. The UFCW, which represents 900,000 grocery workers, said the number of infections is likely far higher across the industry.