United Airlines Holdings Inc. (UAL) has communicated to two regional airlines, ExpressJet (XJT) and CommutAir, that it will continue to work with only one of them.In a report from Reuters on July 28, a pilot union letter revealed United’s intentions, which would potentially result in a significant revenue loss for the unchosen carrier. ExpressJet and CommutAir work exclusively for United Airlines.Before the pandemic, United Airlines expanded its domestic network by making agreements with regional airlines, which offered cheaper terms. However, with reduced travel due to COVID-19, United has been forced to scale its plans and reduce its workforce. This follows …read more
Source:: Yahoo Finance
