United thins management ranks

United CEO: Reinvesting in airline industry a 'healthy sign'

United CEO: Reinvesting in airline industry a ‘healthy sign’

United Airlines has tightened its belt, laying off some high-ranking managers as it progresses deeper into its corporate makeover.

The U.S.’s third largest airline said it laid off some managing directors and disbanded, for example, its fuel hedging group, reassigning staff to other areas within the company.

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