United to cut over 1,400 jobs and retire 100 planes

United Airlines has said it is going to cut between 1,400 to 1,600 jobs and retire 100 planes as it cuts its capacity in the face of soaring fuel prices and a weakening U.S. economy.The moves represents about a 3 percent reduction of United’s staff of 55,000 and a reduction of about 22 percent of its 460-plane fleet.
United said it would cut domestic capacity, or the number of seats for sale on U.S. flights, by 14 percent in the fourth quarter of this year.