United Airlines suspends operations in the United States due to “outage of equipment” – El Financiero

Today, Tuesday, September 5, United Airlines Holdings has suspended operations of its aircraft throughout the United States due to an unspecified equipment outage, according to the airline’s website. Federal Aviation Administration.

The Chicago-based airline has requested the suspension of its main operations and subsidiaries, according to the post. The FAA website showed that United Airlines was unable to communicate with flight dispatchers by normal means.

The FAA confirmed in an email to Bloomberg that the airline had asked it to suspend outbound flights across the country, but declined to comment further.

United spokespeople did not immediately respond. Call for details.

United Airlines, looking for cash?

in 2020, United Airlines plans to raise $5 billion through loans backed by its customer loyalty program, boosting efforts to make it happen Increase liquidity amid the COVID-19 pandemic.

United said in a statement that committed funding was secured through its MileagePlus rewards programme. Goldman Sachs, Barclays and Morgan Stanley They are managing the transaction, which is expected to close at the end of July.

United is trying to shore up its balance sheet to deal with what it called “the most turbulent financial crisis in aviation history”. said the airline, which also hopes to secure $4.5 billion in loans from the government’s economic rescue package It will have a total liquidity of $17 billion at the end of September.

The average daily cash consumption will be about $40 million in the second quarter and $30 million in the third quarter.

United shares fell 7.3 percent to $36.80 before regular trading in New York, as other airlines and broad stock indices also fell.

See also  The main reasons for Nicaragua were that Fitch raised its rating to 'B' with a stable outlook

Myrtle Frost

"Reader. Evil problem solver. Typical analyst. Unapologetic internet ninja."

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top