United told employees this week that June “was a very challenging month” due to unusually bad weather, as well as maintenance issues that took more planes out of service and lengthened delays.
It’s been three years, and it’s been long enough,” the Association of Flight Attendants said in a recent message to members. “Unlike the company’s rosy communications of recent weeks, the parties are far apart on key issues.”
Merger synergies of $1 billion…have proven to be elusive due to merger integration issues, labor-cost pressures and operational problems,” Michael Derchin of CRT Research said in a note this week. But Mr. Derchin also upgraded United to “buy” from “hold” because it is nearing the end of the multiyear merger.