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United Airlines CEO says US in a 'business recession' but consumers 'strong'

FILE PHOTO: United Airlines CEO Scott Kirby testifies before the Senate Commerce, Science, and Transportation Committee in the Russell Senate Office Building on Capitol Hill, in Washington, U.S., Dece ....

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United Airlines pilot union wants to 'raise the bar' from Delta's contract

FILE PHOTO: United Airlines pilots protest for a new contract in downtown Chicago, Illinois, U.S, April 19, 2023. REUTERS/Caroline Stauffer ....

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United Airlines unveils bid to fund sustainable aviation fuel use

United Airlines said on Tuesday it has partnered with global firms including Nike and Siemens in an 'Eco-Skies Alliance' to finance use this year of about 3.4 million gallons of low-carbon, sustainable aviation fuel derived from trash. ....

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American Airlines expects first-quarter revenue to plunge 62% vs 2019

By Reuters Staff
2 Min Read
FILE PHOTO: American Airlines flight 718, the first U.S. Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November, takes off from Miami, Florida, U.S. December 29, 2020. REUTERS/Marco Bello/File Photo
(Reuters) -American Airlines said on Tuesday it turned cash flow positive in March on an adjusted basis, helped by a recovery in demand for domestic travel.
Excluding daily payment of $8 million towards regular debt and severance packages, it was cash flow positive, the company said in a regulatory filing, adding it burned about $4 million of cash per day in March compared with $30 million in the previous quarter. (bit.ly/3g83hw2) ....

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American Airlines sees first-quarter revenue falling 62% vs 2019

By Reuters Staff
2 Min Read
FILE PHOTO: American Airlines flight 718, the first U.S. Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November, takes off from Miami, Florida, U.S. December 29, 2020. REUTERS/Marco Bello/File Photo
(Reuters) -American Airlines said on Tuesday it turned cash flow positive in March on an adjusted basis, helped by a recovery in demand for domestic travel.
Excluding daily payment of $8 million towards regular debt and severance packages, it was cash flow positive, the company said in a regulatory filing, adding it burned about $4 million of cash per day in March compared with $30 million in the previous quarter. (bit.ly/3g83hw2) ....

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