UNITED reported that its CEO and President are forgoing 100% of each of their respective base salaries through at least June 30. It has also postponed non-critical projects to reduce 2020 CapEx to $4.5b and secured a $2b secured term loan facility.

Subscription Required


UNITED is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.