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No Jab, No Job - United Becomes First Airline To Mandate Vaccines For All Employees
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United bets big on premium flyers with its biggest jet order ever
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United Air, Moelis invest in electric air-taxi developer
Justin Bachman, Bloomberg News The Manhattan skyline stands past a United Airlines Holdings Inc. airplane on the tarmac at Newark International Airport (EWR) in Newark, New Jersey, U.S., on Tuesday, June 9, 2020. Airline losses are surging to unprecedented levels expected to be more than three times those following the 2008 global economic slump, according to the industry s main trade group. , Bloomberg
United Airlines Holdings Inc. is investing US$20 million in an electric-aircraft startup and may eventually buy as many as 200 of the companyâs small flying taxis to whisk customers to the airport in crowded cities.
United Targets Pre-Virus Margins in 2023 After Record Loss
Bloomberg 1/20/2021 Justin Bachman
(Bloomberg) United Airlines Holdings Inc. is mapping a recovery from last year’s record loss with a plan that calls for topping pre-pandemic profit margins in 2023.
This year will serve as a “transition” after the collapse in travel demand because of Covid-19, United said in an earnings statement Wednesday. The company expressed “high confidence” that its 2023 profit margin as measured by adjusted earnings before interest, taxes, depreciation and amortization would exceed that of 2019. Its Ebitda margin that year was almost 16%. © Bloomberg United fared worst in last year s dismal performance by big U.S. airlines
United Air targets pre-virus margins in 2023 after record loss
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