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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 454.39+6.4%4:00 PM EST
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To: Haim R. Branisteanu who wrote (35407)6/4/2008 9:23:04 AM
From: elmatador  Read Replies (1) of 219983
 
Demand destruction: UAL Corp.'s United Airlines will cut its fleet by about 70 planes and shut the low-fare Ted unit to counter record fuel expenses, a person familiar with the plan said.

The reductions will take effect later this year, adding to the 30 aircraft taken out of service and 1,100 job cuts that United announced in April, said the person, who didn't want to be identified because the matter is still private.
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