United Airlines Holdings booked $1.5 billion less revenue in March than the same...
- United Airlines Holdings booked $1.5 billion less revenue in March than the same time last year and warned employees that planes could be flying nearly empty into the summer, even after drastic flight capacity cuts.
United is cutting corporate officers’ salaries by 50% and reducing flight capacity by about 50% in April and May, with deep capacity cuts also expected into the summer travel period. United, American Airlines Group and Delta Air Lines - the three largest U.S. airlines - confirmed Friday they are in talks with the U.S. government about potential assistance amid a dramatic drop-off in air travel demand due to the coronavirus outbreak.
Delta, the second-largest U.S. airline, will be flying just five flights a day to Europe starting this week, compared with 92 last year to 31 European destinations at the peak travel season.
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