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United Airlines Expects Total Revenue to be Down 70% Compared to Year-End Qtrs

United Airlines Expects Total Revenue to be Down 70% Compared to Year-End Qtrs Posted on 12/11/2020 United Airlines, Inc., a wholly-owned subsidiary of United Airlines Holdings, Inc., continues to see a significant impact in demand for air travel. In the last month, ended December 10, 2020, there has been a continued deceleration in forward bookings as a result of the spike in COVID-19 cases and travel restrictions. As such, United Airlines now expects total revenue to be down close to 70% in t...
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311 Austin Layoffs Slated At Parsley Energy, Southwest Airlines

UpdatedFri, Dec 11, 2020 at 3:29 pm CT Reply Parsley Energy and Southwest Airlines officials cite corrosive effects of pandemic for collective layoffs of 311 local workers. (Shutterstock) AUSTIN, TX — Parsley Energy and Southwest Airlines, are laying off more than 300 employees in Austin, according to newly filed notices with state regulators released Friday. The furlough notices were filed with the Texas Workers Commission in compliance with the Worker Adjustment and Retraining Notificatio...
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Source: patch.com

House Passes One-week Funding Extension

 - December 10, 2020, 11:32 AM The U.S. House on Wednesday passed 343-67 a measure to extend government-wide funding—including for the Department of Transportation and the FAA—by one week until December 18 as talks continue on full-year Fiscal 2021 bills, as well as a coronavirus relief package. The government is currently funded through December 11 under a stopgap measure adopted in September. Facing that deadline, the Senate is expected to consider the one-week extension before the en...
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