This post was originally published on this site
CHICAGO (Reuters) – United Airlines Holdings Inc (O:) is reducing U.S. and Canadian flights by 10% and international flying by 20% in the month of April and eyeing similar cuts in May in some of the most drastic measures announced to date by a U.S. airline in response to falling demand due to the coronavirus.
In a statement on Wednesday, Chicago-based United said it was also implementing a hiring freeze, delaying merit-based salary increases and offering employees the option to take an unpaid leave of absence.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.