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United Airlines is an airline in the United States.
Following its merger with Continental Airlines, officially completed on October 1, 2010, United Airlines became the largest carrier in the world.
It was created as Varney Air Lines on April 6, 1926 in Boise, Idaho, USA.
Aktivs
2022: In operation for May - 841 aircraft
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History
2022: Russia retaliatory sanctions increase length of company routes
In March 2022, after the start of a special operation in Ukraine, Russia was forced to impose retaliatory sanctions against airlines of unfriendly countries, closing their access to their own airspace. This significantly increased travel time for passengers of these companies.
2021
Purchase of the developer of hydrogen engines with Russian roots ZeroAvia
In mid-December 2021, ZeroAvia announced the attraction of $35 million in investments. The developer of hydrogen engines with Russian roots intends to spend these funds on the creation of a power plant with a capacity of 2-5 MW with zero emissions for larger aircraft than previously reported. As part of the funding round, Alaska Airlines and United Airlines invested in ZeroAvia. Read more here.
Dismissal of about 600 staff who refused to be vaccinated
At the end of September 2021, United Airlines announced the dismissal of about 600 employees, which is less than 1% of the carrier's staff in the United States. This decision was made due to non-compliance with the requirements for vaccination against the coronavirus COVID-19.
On September 28, 2021, a memo from United Airlines CEO Scott Kirby and Brett Hart to employees said that 99% of their American employees of the company have been vaccinated since the announcement was mailed in August 2021. United Airlines became the first major American airline to announce such a move. Other airlines offered extra pay or time off to vaccinated employees but did not require them to be vaccinated.
 | We know that some of you will disagree with the decision to oblige all United Airlines employees to vaccinate. But the situation is crystal clear, everyone is safer when everyone is vaccinated, "said CEO Scott Kirby. |  |
The airline, with 67 thousand employees in the United States, requires vaccination of new workers from mid-June 2021, and unvaccinated workers are required to wear masks at the company's offices.
Each employee will have to send an image of their vaccination card to the company. Those who do not will be fired, and exceptions will be made only for those employees who document religious or medical reasons for refusing vaccinations, officials said. Employees who have already been vaccinated or will have it by September 20, 2021 will receive additional financial bonuses to their salaries.
Employees had until Sept. 27 to get vaccinated or be fired from United Airlines, according to The Associated Press. Airlines and other travel businesses have been hit particularly hard by the COVID-19 pandemic, which has led to sharp travel restrictions.[1]
Investing $1 billion in electric aircraft developer Archer
In early February 2021, startup Archer which is developing, raised air taxis$1 billion in investments from United Airlines (UAL). Archer plans to become a public company through a merger with SPEC Atlas Crest Investment. Archer will be listed on the New York Stock Exchange NYSE under the ticker symbol ACHR. More. here
2020: Dismissal of 16,000 employees
In early September 2020, it became known that United Airlines decided to lay off more than 16 thousand employees. It is reported by Forbes.
We are talking about the dismissal of pilots (more than 2 thousand people), almost 7 thousand flight attendants, as well as mechanics, managers and administrative employees. The airline announced in July 2020 that 36 thousand employees are under threat of dismissal. Until September, more than 7 thousand employees voluntarily left United.
The airline noted:
| | The pandemic had a significant impact on us and lasted longer than experts predicted. With travel demand so low, United cannot continue to operate a staffing schedule that is well above our flight schedule. | |
Acknowledging the seriousness of the current situation and the lack of clarity on the future, the company added:
| | Unfortunately, we do not expect demand to return to indicators that can be considered the norm until there are available treatment options or a vaccine. | |
With the hope of receiving additional financial assistance from the state, United turned to its employees:
| | For clarity, an extension would be the only means to prevent forced layoffs from October 1 and hopefully delay any possible impact on employees until early 2021. | |
As part of a large-scale economic support program approved US government in March 2020, American airlines received $25 billion from the federal authorities to cover the costs of paying their employees. One of the conditions for obtaining financial support was for airlines to maintain a certain share of routes, which would allow them to maintain a connection with each city. Companies were also banned from cutting staff or salaries. In early September 2020, the president USA Donald Trump announced that the administration was considering additional support for the aviation industry.[2]
2019
Spy cameras in monitors built into seats
In August 2019, the question of spy cameras embedded in the backs of aircraft seats was raised again. Earlier, several airlines, including Singapore Airlines, United Airlines and American Airlines, confirmed that surveillance cameras were built into their entertainment systems, prompting widespread public response. Read more here.
Purchase of biometric technology developer Clear
In late July 2019, United Airlines announced the acquisition of biometric technology developer Clear, but did not name the cost of the deal. Thanks to this purchase, the air carrier begins to introduce biometric technologies in the check-in systems after competitors. Read more here.
1970
1960: Largest plane crash in history
The collision over New York is a major aviation accident that occurred on the morning of Friday, December 16, 1960 in New York. Two passenger aircraft - Douglas DC-8-11 United Air Lines and Lockheed L-1049-54 Super Constellation of Trans World Airlines - were landing in New York, each at their own airport, when they collided in the air at intersecting courses, after which they fell on the city located under them.
In total, 134 people became victims of the tragedy, including 6 on the ground. At the time of the events in terms of scale, it was the largest aviation accident in the world.
Stock price dynamics
| Ticker company on the exchange: | NYSE:UAL |
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