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9 mentions found


☆ United Airlines takes a shot at Delta's IT meltdown: 'Healthy businesses don't make excuses'
  + stars: | 2024-10-16 | by ( Benjamin Zhang | ) www.businessinsider.com   time to read: +3 min
United Airlines did not mention the cost of July's CrowdStrike IT outage in its earnings report. United executives took a subtle jab at Delta by highlighting their "no excuses" philosophy. "Healthy businesses don't make excuses about CrowdStrike, don't make excuses about weather," CFO Mike Leskinen said on the company's Wednesday earnings call. 'No excuses' is at the core of United's philosophyCEO Scott Kirby said United's "no excuses" ideology stems from his days as a cadet at the United States Air Force Academy. Related stories"The best thing I learned was 'no excuses, ma'am, no excuses, sir,'" Kirby said on the call.
Persons: —, Mike Leskinen, It's, United's, Scott Kirby, Kirby, United Organizations: Airlines, United, Service, United Airlines, Delta Air Lines, United States Air Force Academy Locations: Crowdstrike, Texas, New York
☆ 'We all need Boeing to be better': Airline bosses are getting annoyed that Boeing's problems are derailing their plans
  + stars: | 2024-03-13 | by ( Pete Syme | ) www.businessinsider.com   time to read: +3 min
Boeing's 737 Max 10 and Max 7 jets are yet to be certified by regulators. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The 737 Max 10 and Max 7, the longest and shortest version of Boeing's narrowbody jet, are yet to be certified by regulators. The airline's chief financial officer, Mike Leskinen, said last month United is "deeply disappointed" in Boeing due to the delays. Last month, Southwest announced it will suspend all new pilot hiring after March 31 due to the production delays, Simple Flying reported.
Persons: Max, —, Scott Kirby, he'd, Mike Leskinen, Leskinen, Ed Bastian, Bob Jordan, Max — Organizations: United Airlines, Boeing, Service, Alaska Airlines, Bloomberg, Airbus, Reuters, United, JPMorgan, Delta, Southwest, Federal Aviation Administration
☆ United Airlines is 'deeply disappointed' in Boeing over delays to new plane deliveries, as another major customer warns it needs to get its 'act together'
  + stars: | 2024-02-21 | by ( Pete Syme | ) www.businessinsider.com   time to read: +3 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. United Airlines is "deeply disappointed" in Boeing, its chief financial officer, Mike Leskinen, said during a Tuesday conference, Reuters reported. This story is available exclusively to Business Insider subscribers. "The [Boeing] management team in Seattle don't appear to have a grip on the situation at the moment," the Ryanair boss told Reuters. Boeing did not immediately respond to a request for comment from Business Insider, sent outside US working hours.
Persons: —, Mike Leskinen, Scott Kirby, Leskinen, Kirby, Max, Pete Syme, Michael O'Leary, O'Leary Organizations: Service, Boeing, United Airlines, Reuters, Business, CNBC, Citi, Airbus, Kirby, Ryanair, Federal Aviation Administration, Alaska Airlines, FAA Locations: Toulouse, France, Seattle
☆ United CEO kickstarts Airbus talks amid Boeing delays, sources say
  + stars: | 2024-01-28 | by ( ) www.cnbc.com   time to read: +5 min
"United Airlines has been in talks with Airbus about possible alternatives to the Max 10 order. Airbus and United Airlines declined to comment. Trade publication Air Insight reported Airbus and United were in talks. Signs of a potential Airbus deal have raised "concern" at Boeing, a senior industry source said. In 1992, Airbus snatched an order for A320s that broke United's reliance on Boeing, with which United shares corporate roots.
Persons: Scott Kirby, Max, Kirby's, Kirby, Stan Deal, United, Michael Leskinen Organizations: United, O'Hare International, United Airlines, Airbus, Boeing, Alaska Airlines, Bloomberg, Insight, Boeing Commercial, Max, Continental Airlines Locations: Los Angeles, Chicago , Illinois, U.S, Toulouse, Chicago, Dublin
☆ US airline investors worry the travel boom may be coming in for a landing
  + stars: | 2023-10-18 | by ( Rajesh Kumar Singh | ) www.reuters.com   time to read: +4 min
Those concerns are battering airline stocks even as earnings reports point to a continuing consumer appetite for travel. While both United and Delta said travel demand is holding up, double-digit declines in airfares year-over-year suggest airline pricing power has peaked. United, which has not forecast profit for 2024, on Tuesday similarly said travel demand remains "strong and steady." New labor contracts as well as the higher fuel prices mean cost pressures aren't going away. American Airlines (AAL.O) and Alaska Air (ALK.N), who will report earnings Thursday, have cut their third-quarter profit estimates due to higher fuel costs.
Persons: Eduardo Munoz, Brian Mulberry, Delta, Ed Bastian, Mulberry, United, Michael Leskinen, Conor Cunningham, Rajesh Kumar Singh, Ben Klayman, Rod Nickel Organizations: United Airlines, Newark Liberty International Airport, REUTERS, Rights, NYSE, Zacks Investment Management, Delta Air Lines, United, Delta, New, American Airlines, Alaska Air, Melius, Thomson Locations: York, Newark , New Jersey, U.S, Chicago, United, Israel, Tel Aviv
☆ United Airlines appoints insider Leskinen as finance chief
  + stars: | 2023-09-22 | by ( ) www.reuters.com   time to read: +1 min
United Airlines first new livery Boeing 737-800 arrives at O'Hare International Airport in Chicago, Illinois, U.S., June 5, 2019. REUTERS/Kamil Krzaczynski Acquire Licensing RightsSept 22 (Reuters) - United Airlines (UAL.O) said on Friday it had promoted company insider Michael Leskinen to chief financial officer, nearly four months after Gerry Laderman announced plans to retire in 2024. Leskinen's appointments comes at a time when United is set to benefit from a boom in high-margin international travel, even though early signs show that domestic travel demand might have peaked. In the second quarter, international passenger revenue accounted for about 41% of the airline's total passenger revenue. Leskinen joined the Chicago-based carrier in 2018 as the managing director for investor relations and most recently served as the president of United Airlines Ventures.
Persons: Kamil Krzaczynski, Michael Leskinen, Gerry Laderman, Leskinen, Laderman, Shivansh, Maju Samuel Organizations: United Airlines, Boeing, International, REUTERS, United Airlines Ventures, Thomson Locations: Chicago , Illinois, U.S, Chicago, Bengaluru
☆ How these new electric aircrafts could disrupt the $49 billion helicopter industry
  + stars: | 2023-01-24 | by ( Andrew Evers | ) www.cnbc.com   time to read: +1 min
Vertical lift aircraft have existed for more than a century in the form of helicopters. But the $49 billion industry faces a rapidly emerging threat. An estimated 200 companies are working to build electric vertical takeoff and landing vehicles (eVTOLs), a new type of small passenger aircraft designed for transportation within congested urban environments. "The electrification makes the aircraft safer. Safer aircraft also becomes less costly to maintain."
☆ How United Airlines expects electric planes to change the way passengers make travel decisions
  + stars: | 2022-10-28 | by ( Tim Mullaney | ) www.cnbc.com   time to read: +10 min
As electric cars and SUVs move toward 5% of the new-car market in the U.S. and 9% globally, few airlines have made any major push toward electric planes. Sustainability plans being pursued by American Airlines , Delta Air Lines and Southwest Airlines barely mention electric planes. "Go back to the 1990s, there were hundreds of small aircraft serving a lot of communities that have now lost service." "There are literally dozens of companies that wouldn't have worked that are now viable startups that you'll hear about United Airlines and United Ventures investing in in the coming months." Most likely, electric planes will serve small markets, hydrogen-powered planes will serve medium-sized passenger loads, and SAF-powered jet engines will serve major cities.
☆ United Airlines raises bet on electric air taxis with 200 aircraft from upstart Eve
  + stars: | 2022-09-08 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +1 min
United Airlines is pouring more money into the future of electric air taxis, which the carrier says could help reduce carbon emissions once the aircraft come to market and replace car trips. The carrier said Thursday that it agreed to buy 200 electric air taxis from Eve Air Mobility, an Embraer-backed startup, and that it has options to purchase 200 more. Chicago-based United is also investing $15 million in Eve, which listed on the New York Stock Exchange in May. The announcement follows an agreement to purchase 100 electric aircraft from Archer Aviation along with a $10 million deposit. Michael Leskinen, president of United Airlines Ventures, projected the one-way cost to the airport would be about $100 to $150.
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