United Forecasts $725 Million Loss Unless Labor Cuts Achieved
United predicts that without additional labor savings, it will record an operating loss of $725 million in 2005, instead of the $1.27 billion profit it forecast in its ATSB loan application. Additionally, its cash balance will likely fall below $750 million by May, and its 2006 operating profit will...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? 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.
Related Content
