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United Airlines sees threat to transatlantic travel from Omicron By Reuters

December 2, 2021
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United Airlines sees threat to transatlantic travel from Omicron By Reuters
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© Reuters. FILE PHOTO: A United Airlines passenger jet takes off with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. December 6, 2019. REUTERS/Chris Helgren

(Reuters) – The Omicron variant of COVID-19 is a threat to translantic travel, United Airlines Holdings (NASDAQ:) Inc said on Thursday, confirming its chief executive officer’s comments to the Financial Times.

The airline will have less flying to Europe than it would have in January due to the new variant, CEO Scott Kirby (NYSE:) had told the newspaper.

Transatlantic routes – the most lucrative long-haul market -accounted for up to 17% of 2019 passenger revenues for the major U.S. carriers.

Kirby fears passenger numbers will drop on some of its key routes after Omicron’s discovery, but he does not expect a change in United’s overall outlook, the FT reported.

The company said in an emailed statement that it would continue to monitor the situation and make adjustments to its schedule as necessary.  

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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

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