Reports: United to Ground 737s, 747s to Save Fuel

United Airlines to Ground Dozens of Fuel-Guzzling Aircraft in Cost-Cutting Move

United Airlines plans to ground dozens of its least fuel-efficient aircraft in an effort to conserve cash and cope with spiraling fuel prices, according to published reports.

The Chicago Tribune reported Tuesday night that United escalated the plan in mid-May as the Chicago-based airline cooled to a potential combination with US Airways. The report, citing unidentified sources familiar with the plans, said United would announce the decision Wednesday.



The Wall Street Journal, citing unnamed people familiar with the situation, reported that the plan will lead to a large but undetermined number of furloughs of union workers and a major reduction of routes.

AP