Wednesday, June 4, 2008

United Airlines To Slash Capacity, Drop Ted

United Airlines will be reducing domestic seat capacity by 12%, including grounding 70 non-fuel efficient 737 & 747 aircraft, and slashing over 1000 jobs by 2009. Additionally, the airline is dropping Ted Airlines, its all-domestic fleet, and reinstalling first class seats. All this in response to record high fuel prices. Read More.