{"id":463046,"date":"2022-01-21T08:15:45","date_gmt":"2022-01-21T02:45:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=463046"},"modified":"2022-01-21T08:34:56","modified_gmt":"2022-01-21T03:04:56","slug":"united-airlines-cuts-capacity-forecast-flags-cost-pressure-amid-omicron","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/united-airlines-cuts-capacity-forecast-flags-cost-pressure-amid-omicron\/","title":{"rendered":"United Airlines cuts capacity forecast, flags cost pressure amid Omicron"},"content":{"rendered":"<p>United Airlines Holdings on Wednesday trimmed its capacity forecast and warned of higher costs, after posting a smaller-than-expected fourth-quarter loss, citing turbulence from the Omicron coronavirus variant.<\/p>\n<p>The Chicago-based carrier said the latest wave of the health crisis has depressed near-term demand even as bookings for the spring and beyond remain strong. <\/p>\n<p>United said its priority is to match capacity with demand.<\/p>\n<p>As a result, its 2022 capacity is now projected to be lower than in 2019, instead of growing 5% as estimated earlier. <\/p>\n<p>It expects to restore 82% to 84% of pre-pandemic capacity in the quarter through March, with revenue recovering to just 75% to 80% of 2019 levels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>United Airlines Holdings on Wednesday trimmed its capacity forecast and warned of higher costs, after posting a smaller-than-expected fourth-quarter loss, citing turbulence from the Omicron coronavirus variant. The Chicago-based carrier said the latest wave of the health crisis has depressed near-term demand even as bookings for the spring and beyond remain strong. United said its priority is to match capacity with demand. As a result, its 2022 capacity is now projected to be lower than in 2019, instead of growing 5% as estimated earlier. It expects to restore 82% to 84% of pre-pandemic capacity in the quarter through March, with [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-463046","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=463046"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/463046\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=463046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=463046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=463046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}