United Airlines said Tuesday that it will cut costs, overhaul its website, and shift flying from Asia to Europe as it aims to keep shareholders happy.
United didn’t announce any furloughs as part of the cost-cutting measures outlined on Tuesday in a presentation to investors. A spokeswoman declined to comment on whether its plans include furloughs.
United says it is aiming to burn less fuel, make workers more productive, and improve its maintenance processes. It has been working with its mechanics’ union to revamp which maintenance jobs are done by the 2,000 workers at its San Francisco maintenance center, said Greg Hart, who runs the airline’s technical operations. United said it will overhaul its website in phases starting next year.
The airline has been struggling to run smoothly and produce consistent profits since merging with Continental in 2010.
S&P Capital IQ analyst Jim Corridore wrote in a note that he’s ‘‘very positive’’ on United’s goals, but the airline hasn’t consistently executed its plans.