Posted by: Five Star Travel & Cruises | March 11, 2011

United scraps expansion plans because of oil

Looks like the high oil prices are effecting more than the price of an airline ticket. Today we see how united air is pulling back on their expansion plans in today’s blog update.

CHICAGO (AP) – United Continental Holdings Inc. is scrapping plans to add flights this year, and says it will drop unprofitable routes because of rising fuel prices.

The announcement from the world’s largest airline company on Monday is the latest example of airlines shifting plans because of the run-up in oil prices. Southwest Airlines matched an industry-wide fare hike, and the smaller Frontier Airlines said it would reduce growth plans.

United Continental now plans to do about the same amount of flying this year as it did last year. Domestic flying is expected to fall as much as 2.5 percent, with international flying up as much as 3.5 percent.

United said it will remove less fuel-efficient planes from its fleet. It didn’t say which ones. It also said it plans other cost cuts.

associated press reporting.

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Responses

  1. Herzlichen Dank, jetzt endlich habe ich den Sachverhalt in der Tiefe verstanden 😉

  2. Da frage ich mich beim groben Uberfliegen ja schon, ob man doof war. Dankeschon fur deine Erlauterungen

  3. Da frage ich mich beim Lesen von 5startravelandcruises.wordpress.com schon, ob man selbst nicht komplett bescheuert war. Herzlichen Dank für deine Berichte

    • Thanks Tricks. i hope i’m saying this right… Vielen Dank für ihren Kommentare. Wir freuen uns, dass wir Leser aus Deutschland haben!


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