United Airlines Kills Ted

In an effort to stay alive after a 76% surge in jet fuel prices, United Airlines will be discontinuing “TED,” their low-fare mini-airline.

In all, the Chicago-based airline will cut 70 planes from its fleet and shed 1,100 jobs.

Farewell, Ted. We hardly knew ye.

United to Cut Fleet, Shut Low-Fare Unit, Person Says (Update3) [Bloomberg]
(Photo: Flying Photog )