United Airlines is planning to slash its capacity for April and May in half, and has warned its nearly 100,000 employees of “painful” cuts to its payroll.
Oscar Munoz, United's chief executive officer, and Scott Kirby, its president, told staff at the Chicago-based carrier that the impact of the coronavirus pandemic was getting more severe.
Passenger numbers had fallen by more than 1m in the first two weeks of March alone, they warned, as they forecast that United’s revenue this month would be $1.5bn lower than the same period of last year.
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