16-Nov-2016 4:59 PM
United Airlines expects unit costs to grow 3.5% to 4.5% in 2017
United Airlines stated (15-Nov-2016) it expects unit costs to grow 3.5% to 4.5% in 2017, excluding fuel, as it continues its rigorous cost management programme. The carrier expects 2018-2020 unit costs excluding fuel to grow less than 1% p/a due in part to its plan to remove USD700 million of costs by 2020, compared to 2015 levels. [more - original PR]