Scott Kirby News

27.03 / 10:57
UPS Booking CEO Airlines show travelers Interviews Economic turbulence shakes US airlines as travel demand falters
«Your first needs are food and shelter. And then, we're a little bit down the list of expenditures,» said David Neeleman, CEO of low-cost carrier Breeze Airways, in an interview. «If you don't have a job, you're not going to go buy an airline ticket.» With demand slowing, airlines have started culling flights to avoid lowering fares and to protect margins. Frontier, Delta, United, American Airlines, JetBlue and Allegiant all trimmed their April-June quarter capacity in the past two weeks. United CEO Scott Kirby has warned of a large drop in industry-wide capacity by the second half of August if demand does not rebound. To be sure, bookings for premium and long-haul travel are holding up. United reported an 8% year-on-year jump in spring international bookings. Some of the demand slowdown is also due to recent safety incidents. Amanda Demanda Law Group data shows airplane safety concerns reached an all-time high in February, with Google searches for «Are planes safe now?» up 900%. Airlines expect the hit from safety incidents to fade soon. But they are less sure about economic pressures.
22.11 / 14:37
COST Target CEO pandemic Experts travelers US budget airlines are struggling. Will pursuing premium passengers solve their problems?
Delta and United Airlines have become the most profitable U.S. airlines by targeting premium customers while also winning a significant share of budget travelers
16.10 / 03:39
UPS Airlines economy trends reports travelers United Airlines says its third-quarter profit dipped 15% but revenue trends are looking up
United Airlines says its third-quarter profit fell 15% from a year ago
13.09 / 16:41
CEO Airlines Entertainment SpaceX testing United Airlines will offer free internet on flights using service from Elon Musk's SpaceX
United Airlines says it will offer free WiFi service on flights using the satellite-based Starlink service from Elon Musk’s SpaceX
21.06 / 00:29
FIVE Aviat Airlines cover Investigations International United Airlines jet turns back to Connecticut after a piece of engine lining fell off during takeoff
Federal officials are investigating an incident in which a piece of engine cover lining fell off a United Airlines plane that was taking off in Connecticut
16.05 / 18:07
Aviat CEO Assurant reports United Airlines says it has regained some privileges that were suspended after problem flights
United Airlines says it has regained some privileges that were suspended after a series of incidents on flights earlier this year
17.04 / 16:23
DOW CEO Airlines Boeing Interviews United Airlines stock rallies 10% on upbeat Q2 forecast
ALSO READ: US stocks: Dow Jones, S&P 500, Nasdaq surge led by megacaps Its revenue rose nearly 10 per cent, to $12.54 billion, beating the Wall Street forecast of $12.45 billion. For the second quarter, the airline expects an adjusted profit of $3.75 to $4.25 per share. United also maintained its full year profit outlook of $9 to $11 a share.
25.03 / 09:15
Provident Aviat CEO Airlines Boeing Discover President United Airlines says federal regulators will increase oversight of the company following issues
United Airlines says federal regulators are increasing their oversight of the carrier following a series of recent issues
19.03 / 14:55
CEO Boeing reports travelers Investigations Customers United CEO tries to reassure customers that airline is safe despite recent incidents
The CEO of United Airlines is trying to reassure travelers that the airline is safe despite a series of recent incidents ranging from a panel falling off a plane to an engine fire
14.03 / 22:45
Booking CEO Airlines security Boeing reports United Airlines close to leasing Airbus jets, Bloomberg News reports
(Reuters) — United Airlines is close to securing three dozen or more Airbus A321neo jets from aircraft lessors, Bloomberg News reported on Thursday citing people familiar with the matter.
23.01 / 22:35
markets CEO Airlines Strategy Boeing Airbus vs. Boeing: United's Fleet Strategy Alters 737 MAX 10 Prospects
Quiver Quantitative — United Airlines (UAL) skepticism over Boeing's (NYSE:BA) 737 MAX 10 jets has intensified industry scrutiny on Boeing. With United planning to exclude the troubled MAX 10 from its new fleet, concerns over Boeing's ability to regain market share and stabilize its financial position are mounting. The grounding of Boeing's MAX 9 jets, due to technical issues, has further dampened confidence in the MAX series. United's CEO, Scott Kirby (NYSE:KEX), emphasized the MAX 9 grounding as a critical factor in reassessing their MAX 10 orders.
23.01 / 17:56
UPS Manufacturing CEO Airlines Boeing Investigations United Airlines CEO says airline will consider alternatives to Boeing's next airplane
The CEO of United Airlines is frustrated about ongoing manufacturing problems at Boeing, and his airline will consider alternatives to buying a future, larger version of the Boeing 737 Max
23.01 / 15:49
FIVE Aviat CEO Airlines Remark Boeing Interviews United CEO says airline building fleet plan without Boeing's 737 MAX 10 jets
(Reuters) — United Airlines CEO Scott Kirby (NYSE:KEX) said in a CNBC interview on Tuesday the company was going to build a fleet plan that does not include Boeing (NYSE:BA)'s 737 MAX 10 jets, citing delivery delays.
04.10 / 07:27
UPS CEO Airlines Strategy Boeing United Airlines makes 2nd massive order for new planes in less than a year
United Airlines is making its second large order of new planes in less than a year, again seeking a mix of 110 aircraft from Boeing and rival Airbus as it renews its fleet
17.07 / 15:53
Airlines LinkedIn Pilots Deal United Airlines shares move higher after labor deal reached with pilots
Investing.com — United Airlines Holdings (NASDAQ:UAL) shares rose on Monday after the U.S. carrier reached a labor deal over the weekend with its pilots that will see the workers receive a significant jump in pay.
16.07 / 02:59
UPS Booking CEO Airlines Parke Pilots United Airlines pilots reach 'historic' agreement in principle, with big pay raises, other perks
Former United Airlines CEO Oscar Munoz discusses a government report blaming airlines for cancelations, retention in employees, and his new book, «Turnaround Time.»
15.07 / 22:53
UPS CEO Gap Airlines Pilots boost United Airlines pilots reach labor agreement, boost pay
CHICAGO (Reuters) -United Airlines and its pilots on Saturday reached a labor agreement that will give the latter a significant pay increase, after the union rejected an earlier offer last year instead to seek even higher wages with pilots in short supply.
04.07 / 11:49
Aviat CEO Airlines United Airlines gets a handle on canceled flights, the CEO outlines how to prevent another meltdown
Air travel is getting a bit easier, thanks to a break in storms that have pummeled the East Coast

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