United Airlines Pilots Reach Agreement To Avoid Nearly 3,000 Furloughs

The video discusses United Airlines' efforts to avoid furloughs by reducing flight schedules and spreading work among pilots. Despite layoff warnings to 36,000 employees, some have taken buyouts or long-term leave. However, United plans to furlough nearly 12,000 union employees soon. The airline industry faces challenges with air travel at one-third of pre-pandemic levels, and recovery is not expected until a COVID-19 vaccine is widely available.

What is the current state of US air travel compared to a year ago?

When do United executives expect air travel to return to pre-pandemic levels?