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United Airlines loss bigger than feared on higher fuel costs, capacity slide
Reuters ^ | April 19, 2021

Posted on 04/19/2021 4:19:59 PM PDT by SunkenCiv

Average fuel cost climbed nearly 30% to $1.74 per gallon in the quarter from the previous three months, while passenger traffic fell 52% compared to the same period in 2020. The World Health Organization did not declare COVID-19 a pandemic until near the end of the first quarter in 2020.

United Airlines said it expects fuel costs to rise by another 5% in the second quarter.

The airline, however, forecast a return to profitability later this year and said it expects to restore some capacity cuts as more people are willing to travel.

Capacity should reach 45% of 2019's level in the second quarter from 2019, United said.

(Excerpt) Read more at reuters.com ...


TOPICS: Travel
KEYWORDS: covid19; plannedemic; ual; unitedairlines
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The agreement includes a $1.65 billion contract for the establishment and operation of a training centre for the Hellenic Air Force by Israeli defence contractor Elbit Systems (ESLT.TA) over a 22-year period, Israel's defence ministry said.

The training centre will be modelled on Israel's own flight academy and will be equipped with 10 M-346 training aircraft produced by Italy's Leonardo (LDOF.MI), the ministry said.

Elbit will supply kits to upgrade and operate Greece's T-6 aircraft and also provide training, simulators and logistical support.

- Israel and Greece sign record defence deal

1 posted on 04/19/2021 4:19:59 PM PDT by SunkenCiv
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...
Panic porn of the Plannedemic is largely to blame for the problems.

2 posted on 04/19/2021 4:20:50 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: SunkenCiv
Maybe if the CDC opened up cruising again, the airlines would have more passengers.

-PJ

3 posted on 04/19/2021 4:22:28 PM PDT by Political Junkie Too (* LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: SunkenCiv

Is UA “Woke”?

[All politics are wokeal]


4 posted on 04/19/2021 4:24:52 PM PDT by Paladin2
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To: SunkenCiv
United Airlines said it expects fuel costs to rise by another 5% in the second quarter.

Sounds pretty optimistic. I'd guess Bidengas may cost 25% more in the second quarter.

5 posted on 04/19/2021 4:25:16 PM PDT by libertylover (Our biggest problem by far: most of the news media is agenda driven, not truth driven.)
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To: SunkenCiv

Being “woke” won’t help either.


6 posted on 04/19/2021 4:26:28 PM PDT by llevrok (I'm old enough to remember when the quarantine was to be 2 weeks)
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To: Paladin2

Very much so. They made an announcement that a huge percentage of their new pilots will be women and/or BIPOC.


7 posted on 04/19/2021 4:27:00 PM PDT by FreedomPoster (Islam delenda est)
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To: Paladin2

Woke as can be. They’re the ones that decided to hire pilots based on skin color and not competency. https://www.newsweek.com/united-airlines-sparks-debate-pledge-diversify-pilot-staff-1581733


8 posted on 04/19/2021 4:29:57 PM PDT by Retrofitted
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To: Retrofitted

Look at the bright side-female pilots will be cheaper.


9 posted on 04/19/2021 4:34:54 PM PDT by DIRTYSECRET (`)
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To: SunkenCiv; All

I’ve largely ignored the Enemy Media ‘news’ for a decade or so, now. I keep up to date here on FR. I will check local weather. I no longer care about ‘sports’ unless it’s local college or my local bowling team.

I am, however, starting to wonder HOW our economy is going to recover from this past year and now 1/4 of our way into 2021. I know we’re NEVER going to get the true story about our economy; it’ll be sugar-coated as they’ve done with EVERY Socialist Democrat ‘_residency.’

It truly IS every wo/man for herself. Plan accordingly. :(


10 posted on 04/19/2021 4:36:17 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set. )
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To: SunkenCiv

11 posted on 04/19/2021 4:37:42 PM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: SunkenCiv

Panic porn...I like that! All the wankers who are so cowardly afraid to die can all take a stroll on Mars as far as I am concerned! No one lives forever.


12 posted on 04/19/2021 4:46:11 PM PDT by gr8eman (Elder Non-Binary Sibling is Watching You!)
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To: llevrok

United Airlines is whistling through the graveyard.

But, that’s what happens when a corporation becomes a slave to the WOKE crowd.


13 posted on 04/19/2021 4:47:41 PM PDT by BrexitBen
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To: SunkenCiv

Passenger numbers will surely go up when they install higher intersectionally scored people at the flight controls.


14 posted on 04/19/2021 4:49:31 PM PDT by lurk ( )
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To: gr8eman

Thanks, I stole it. :^)


15 posted on 04/19/2021 4:50:10 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: lurk

16 posted on 04/19/2021 4:51:10 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: SunkenCiv

Ha!

We just recently cancelled BIG, YUGE $$ tickets, on UA.

Who wants to fly for hours w/a mask and be subjected to getting your brain poked (via your nose)...only to possibly have to quarantine, once you land at where you’re flying?

These idiotic china flu travel rules and restrictions change daily, it seems.

No thanks!

They can keep their unfriendly skies.


17 posted on 04/19/2021 4:53:05 PM PDT by Jane Long (America, Bless God....blessed be the Nation πŸ™πŸ»πŸ‡ΊπŸ‡Έ)
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To: SunkenCiv

The Bush Rule: “Attacking your base is not a winning strategy”


18 posted on 04/19/2021 5:04:17 PM PDT by Zathras
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To: SunkenCiv
I'm sure UA losses have NOTHING to do with their woke announcement last week that 50% of their new pilots will be female or a minority.

I'm not going anywhere near an airline that sacrifices safety for political correctness.

19 posted on 04/19/2021 5:07:06 PM PDT by HandBasketHell
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To: llevrok

If Fedzilla makes them whole, going woke won’t hurt, either, will it.


20 posted on 04/19/2021 5:13:53 PM PDT by mewzilla (Those aren't masks. They're muzzles. )
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