United cuts May flights by 90%, tells employees to brace for job cuts

United Airlines said Wednesday that it has cut its flight schedule by 90% in May and expects similar cuts for June as a result of the coronavirus pandemic, and warned that travel demand that is now "essentially at zero shows no sign of improving in the near term," making job cuts likely. United disclosed its outlook in a memo to employees from CE Oscar Munoz and president Scott Kirby. United said it flew less than 200,000 people in the first 2 weeks of April, a 97% drop from the more than 6m people it flew during the same time in 2019. It expects to fly fewer people during the entire month of May than it did on a single day in May of last year, Munoz and Kirby said. "The historically severe economic impact of this crisis means even when travel demand starts to inch back, it likely will not bounce back quickly," they said. <br/>
Reuters
https://www.nytimes.com/reuters/2020/04/16/business/16reuters-health-coronavirus-united-arlns.html?searchResultPosition=20
4/16/20
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