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United Airlines Is Latest to Announce Fewer Planes and Employees in Year Ahead

Major U.S. domestic airlines will stop flying more than 285 planes and lay off more than a thousand employees, reducing service to travelers around the United States this year and next, according to carriers' reports. On Wednesday, United Airlines became the latest carrier to announce cutbacks, saying it would retire 100 planes, lay off at least 1,400 workers, and eliminate its low-cost Ted service to save money as fuel prices reach unprecedented levels. About 80 of those planes will be out of... Full Story
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