Skip to content
Trending
March 7, 2025The pivotal February jobs report is out Friday. Here’s what to expect February 17, 2025The biggest self-defeating mistakes investors make in trying to beat the market March 22, 2025Chicago Fed President Goolsbee sees rate cuts depending on inflation progress April 28, 2025German fiscal boost won’t outweigh tariff drag for euro zone, IMF’s Europe head says February 24, 2025Jim Cramer says our newest stock is a buy after dipping on slow start to 2025 November 2, 2025Don’t own any Apple? Gear up to buy some if the stock keeps falling November 22, 2025Robinhood shares drop 12% this week amid losses in bitcoin, AI stocks August 5, 2025Palantir stock pops 8% after blowout quarter driven by AI, efficiency demand March 21, 2025Accenture is DOGE’s first corporate casualty as shares dive on warning that contracts will be cut May 4, 2025‘Dumpster fire’: Retailers urge shoppers to buy now before tariffs raise prices
  Friday 6 February 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

Lululemon shares tumble 23% as it cuts full-year earnings guidance, citing ‘dynamic macroenvironment’

June 6, 2025

Why it suddenly feels like every fast-food restaurant has fun, flavored drinks

March 24, 2025

Dodge unveils additions to 2026 muscle car lineup: ‘It’s about choice’

August 8, 2025

Boeing Starliner astronauts who were supposed to be in space for nine days returning to Earth after nine months on ISS

March 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
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
Economy

Watch Fed Governor Christopher Waller speak on interest rates and the race to succeed Powell

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