financetom
Business
financetom
/
Business
/
United Airlines cuts hiring plans for 2024 due to Boeing delays
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
United Airlines cuts hiring plans for 2024 due to Boeing delays
Jun 4, 2024 9:20 AM

CHICAGO (Reuters) - United Airlines will hire fewer-than-expected employees this year due to delays in aircraft deliveries from Boeing ( BA ), a company executive said on Tuesday.

Kate Gebo, head of United's human resources and labor relations, told reporters the airline currently expects to hire close to 10,000 new employees in 2024 compared with 13,000 to 15,000 employees planned earlier.

Since January, the company has added 4,000 new team members including more than 800 pilots and more than 600 flight attendants, Gebo said.

"Our hiring efforts are directly tied to the orders and the growth of our operation," Gebo added.

The company hired 16,000 new employees in 2023.

United, a prominent customer of Boeing ( BA ), has been hit by the planemaker's safety crisis. Boeing's ( BA ) troubles have forced it to scale down its total aircraft delivery estimates for this year by 25% to 66 jets.

The aircraft delays have reduced United's aircraft utilization, leaving the airline overstaffed. United had paused pilot hiring and offered voluntary unpaid leave to its pilots to deal with excess staffing.

It, however, has resumed pilot hiring, the company said on Tuesday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Chatter: BHP CEO Meets With South African Officials, Fueling Speculation Over Anglo American Bid
Market Chatter: BHP CEO Meets With South African Officials, Fueling Speculation Over Anglo American Bid
Oct 17, 2024
07:18 AM EDT, 10/17/2024 (MT Newswires) -- BHP Group's ( BHP ) Chief Executive Mike Henry met last week with South African government officials, sparking speculation that the Australian miner will revive its failed bid for Anglo American, the Financial Times reported Wednesday, citing three unnamed people having knowledge of the matter. Henry and Development Chief Catherine Raw spoke to...
Orezone Gold Reports Higher Q3 Gold Production QoQ from Bombore Mine in Burkina Faso
Orezone Gold Reports Higher Q3 Gold Production QoQ from Bombore Mine in Burkina Faso
Oct 17, 2024
07:18 AM EDT, 10/17/2024 (MT Newswires) -- Orezone Gold ( ORZCF ) reported on Thursday higher third-quarter gold production from its Bombore gold mine in Burkina Faso compared with the previous quarter. The company produced 26,581 ounces of gold, up from 25,524 ounces in the second quarter to bring the nine-month output to 82,244 ounces. Gold sales stood at 27,698...
Tech Rebound Lifts Wall Street Pre-Bell; Asia Down, Europe Up
Tech Rebound Lifts Wall Street Pre-Bell; Asia Down, Europe Up
Oct 17, 2024
07:17 AM EDT, 10/17/2024 (MT Newswires) -- Wall Street futures pointed moderately higher pre-bell Thursday, led by tech issues on brightened expectations for chip sales after a quarterly earnings report from an industry leader. Big Board-listed shares of Taiwan Semiconductor Manufacturing (TSM) rose 8.1% pre-bell after the chipmaking colossus reported better-than-expected Q3 results and issued upbeat guidance late Tuesday. In...
BRIEF-China's Securities Regulator Receives WeRide's US IPO Materials
BRIEF-China's Securities Regulator Receives WeRide's US IPO Materials
Oct 17, 2024
Oct 17 (Reuters) - China Securities Regulatory Commission: * RECEIVES WERIDE INC'S IPO MATERIALS TO LIST ON NASDAQ Source text (Reporting by Beijing Newsroom) ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved