United Airlines to hire 25,000 after largest order ever
United is buying $30B worth of aircraft from Boeing
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United Airlines expects to hire about 25,000 additional union employees by 2026 as part of its largest-ever order for 270 Boeing and Airbus jets. Currently, United supports roughly 68,000 union jobs, or 89% of its total domestic workforce.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| UAL | UNITED AIRLINES HOLDINGS INC. | 97.44 | +0.61 | +0.63% |
| BA | THE BOEING CO. | 156.54 | +1.10 | +0.71% |
UNITED AIRLINES ORDERS 270 BOEING, AIRBUS JETS
According to United, the order, worth more than $30 billion at list prices, will create up to 5,000 new jobs at Newark Airport, up to 4,000 jobs at San Francisco International Airport, up to 3,000 jobs each at Dulles International Airport in Washington, D.C., Chicago O'Hare International Airport, George Bush Intercontinental Airport in Houston, and Denver International Airport, and up to 1,400 jobs at Los Angeles International Airport.
Available positions will include contact center, ramp and customer service agents, dispatchers, flight attendants, pilots and technicians.
A United Airlines Holdings Inc. pilot walks past the check-in counter at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 1, 2020. American Airlines Group Inc. and United Airlines Holdings Inc. will star (Getty images)
The airline estimates that every new direct airline job will result in about two additional indirect jobs, such as aircraft manufacturers, management and retail. In addition, United predicts each new direct and indirect job will induce an additional five jobs, potentially creating a total wage impact of up to $12 billion annually. In 2020, United paid more than $10 billion in wages.
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United employees currently earn more than the federal minimum wage and are eligible for company-sponsored medical coverage, paid sick leave, paid vacation, company-funded retirement programs like 401(k)s, and flight privileges when space is available to destinations around the world.
The airline also noted about 69% of its senior leaders were internally promoted and more than 1,500 front-line employees have been promoted into management roles in the past seven years.
| Ticker | Security | Last | Change | Change % |
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| XAL | NO DATA AVAILABLE | - | - | - |
In addition to creating jobs, United's new aircraft are expected to drive more than $30 billion in annual consumer spending when flying on the airline and contribute an estimated $50 billion annually toward the U.S. economy by 2026, based on a study from the Federal Aviation Administration and United's internal estimates.