Skip to content
Trending
February 21, 2025Germany’s election will usher in new leadership — but might not turn tides for the country’s struggling economy September 10, 2025Uber partners with fintech firm Pipe to offer capital to small businesses May 24, 2025United Airlines reaches ‘industry-leading’ labor deal with flight attendants, union says October 1, 2025Government shutdown means opportune timing for Neptune Flood IPO March 1, 2025Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say April 7, 2025Beijing’s strong counter tariffs raise the specter of an intense trade war with Washington July 29, 2025AstraZeneca CEO doubles down on U.S. amid rumors of listing shift September 17, 2025‘That’s cute’: Frontier CEO fires back at United CEO declaring discount airline model dead April 10, 2025European Union to put countermeasures to U.S. tariffs on hold for 90 days April 14, 2025Wells Fargo shares fall on lower net interest income, CEO calls for ‘timely’ trade resolution
  Monday 8 June 2026
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
  Business  United Airlines CEO warns an extended shutdown will hurt bookings
Business

United Airlines CEO warns an extended shutdown will hurt bookings

AdminAdmin—October 16, 20250

CEO of United Airline Scott Kirby speaks during the Semafor 2025 World Economy Summit at Conrad Washington on April 24, 2025 in Washington, DC.

Alex Wong | Getty Images

United Airlines CEO Scott Kirby said the federal government shutdown could hurt bookings if it continues.

More stories

Disney’s ‘Zootopia 2’ to hit $1 billion box office, only the second Hollywood film to do so this year

December 12, 2025

NBA Commissioner Adam Silver says ‘we’d love to bring a WNBA game’ to China

October 10, 2025

Big banks like JPMorgan Chase and Goldman Sachs are already using AI to hire fewer people

October 15, 2025

When ‘invest like the 1%’ fails: How Yieldstreet’s real estate bets left customers with massive losses

August 18, 2025

Despite the funding impasse, essential federal employees including Transportation Security Administration officers and air traffic controllers are required to work without pay. The shutdown started Oct. 1 as Congress failed to pass a funding bill.

Speaking on an earnings call on Thursday, Kirby said the shutdown so far hasn’t impacted the carrier’s business.

“I think that at least for the first couple of weeks, people thought it was going to get resolved, so they just kind of continued business as usual,” he said. “But as time goes on, as people read headlines and say, ‘it’s not going to get resolved soon.’ People start to lose confidence in the government and the government’s ability to resolve this. And that’s going to start to impact bookings.”

Kirby said there isn’t an exact cutoff for when the airline could start to see an impact, but added “every day that goes by, the risk to the U.S. economy grows. So I hope we will avoid an unforced error here.”

Read more CNBC airline news

Delta Air Lines CEO Ed Bastian last week made a similar warning about how a prolonged shutdown could affect air travel but emphasized that the airline’s operation hadn’t been affected.

The shutdown has raised concerns about already thin-staffing among air traffic controllers, the Federal Aviation Administration said. Insufficient staffing at some FAA facilities last week disrupted flights at airports, including in Nashville, Tennessee, and Burbank, California.

Members of the union that represents U.S. air traffic controllers handed out leaflets outside of LaGuardia Airport in New York, as well as in Washington, D.C., and Chicago on Tuesday to urge the public to ask lawmakers to end the shutdown.

A more-than-monthlong shutdown starting in late 2018 ended hours after a shortage of air traffic controllers snarled air travel in the New York area.

Fed’s Miran sees China trade tensions as a further reason for quick interest rate cuts
What Taiwan Semi’s blowout quarter means for these 2 portfolio chip stocks
Related posts
  • Related posts
  • More from author
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Business

Delta president Glen Hauenstein, who helped turn airline into industry profit leader, to retire in February

December 17, 20250
Business

Consumers are feeling gloomy about the economy. Here’s why they’re spending anyway

December 16, 20250
Load more
Read also
Earnings

Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand

May 2, 20260
Finance

Visa says new AI shopping tool has helped customers with hundreds of transactions

December 18, 20250
Economy

Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

December 18, 20250
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Finance

Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon

December 17, 20250
Load more
    © 2022, All Rights Reserved.
    • About Us
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Cookie Law
    • Privacy Policy
    • Terms & Conditions