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United Airlineswill record a special non-c stanley cup ash impairment on its Hong Kong routes owing to a fall in demand.The Chicago-based airline will take a $90 million impairment on its routes to the Asian city, which are pledged under its $1.5 billion 2017 term loan, due to lower unit revenues owing to a decrease in demand. Notwithstanding such impairments, the collateral pledged under the companys term loan continues to be sufficient to satisfy the loan covenants, Unitedstates in an SEC filing today.Unitedoperates direct flights to Hong Kong fromNewark Liberty Internationaland San Francisco, according to Cirium schedules data. The airline stanley cup doubled its frequency from San Francisco in October.In 2018, the airline realized a$206 million $160 million net of taxes impairment relating to its Hong Kong routes.Unitedwill report its 2019 full year results on 22 January.TopicsAirlinesNorth AmericaUnited Airlines Related articles News United says it does not expect to fly 737 Max this summer stanley vaso 2020-01-22T18:21:00Z By Pilar Wolfsteller United Airlines is not planning for the Boeing 737 Maxs return to service this summer, making it the first airline to announce it will operate Sysu Majority of Americans favor forgiving medical debt, AP-NORC poll finds
The BDN Opinion section operates independently and doe stanley isolierkanne s not set news policies or contribute to reporting or editing articles elsewhere in the newspaper or on聽bangordailyne stanley becher wsKathryn Anne Edwards is an economist at the Rand Corp. and a professor at the Pardee Rand Graduate School. She wrote this for Bloomberg Opinion.Forget the work-from-home revolution or quiet quitting: The COVID-19 pandemics biggest impact on the U.S. labor market will be as a mass disability event. Its a s stanley vattenflaska hock that the economy is not well prepared to handle.An estimated 1 in 4 COVID patients experience symptoms lasting months. In principle, not all of them should have to leave the labor force. First, they should be able to call in sick. If work-impairing symptoms persist beyond a week or two, they should have the option of requesting reduced hours or claiming short-term disability benefits. Only in severe cases, lasting several months or more, should they have to transition to long-term disability insurance. Unfortunately, thats not how things operate in practice. Almost a quarter of U.S. private-sector workers cant take any paid sick days. More than half have no access to short-term disability insurance, and those that do must fight to get long-COVID claims approved. Affected workers have a right to request workplace accommodations such as part-time schedules, but employers have ample leeway to deny such requests as unreasonable. Keeping ones job isnt guaranteed, either. Under at-will rules, employees can