‘Essentially zero:’ United CEO warns staff of bleak travel demand into 2021

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United Airlines Holdings Inc. is warning employees of bleak times and potential long-term payroll cuts despite billions of dollars in U.S. taxpayer assistance, as the outlook for travel demand remains depressed into next year. The carrier will further chop its flight schedule in May to roughly 10% of the capacity it had planned at the start of 2020, and similar…
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