A United Airlines aircraft removes from Ronald Reagan Washington National Airport in Arlington, Virginia, on November 23, 2021.
Drew Angerer|Getty Images
United Airlines claims traveling need has actually been durable recently– other than from the united state federal government.
Government traveling “has fallen off here post-inauguration,” United’s Chief Financial Officer Mike Leskinen stated at a Barclays sector meeting on Wednesday, describing the begin of President Donald Trump’s term last month.
Trump and his consultant, billionaire Elon Musk, have actually pledged to reduce prices in the federal government, and hundreds of federal government employees have actually either been given up or provided acquistions. Jobless cases have actually risen in Washington, D.C.
The federal government traveling sector has to do with 2% of United’s profits, a United spokesperson stated. The airline company generated almost $52 billion in traveler profits in 2015. Leskinen stated various other need is aiding to offset the shortage.
Strong global recreation traveling need remains to beat residential need, Leskinen included.
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