A new hand will guide United Airlines’ $40 billion operations and $5 billion capital budget, as the Chicago-based carrier named Jonathan Ireland senior vice-president of finance on September 23.
Ireland has “held increasingly responsible positions in United’s financial organization”, most recently as vice-president of financial planning and analysis.
His responsibilities will now include managing business planning, leading financial goal-setting and overseeing the airline’s procurement operations. He will continue reporting to Gerry Laderman, United’s executive vice-president and chief financial officer.
“In his time with United, Jonathan has helped United navigate fuel price spikes, economic downturns and, over the past few years, the most challenging financial conditions United has ever faced,” Laderman says. “As we move forward with the United Next growth plan, I am confident that his careful stewardship of our capital plans and cost-management efforts will continue to power our success.”
Along with other major US airlines, United has been regaining financial strength since suffering from the coronavirus-related air travel slump. According to FlightGlobal analysis, United, Delta Air Lines and American Airlines – the three largest groups by revenue in 2019 – all reached almost two-thirds of pre-Covid revenue levels in 2021.
United also recently moved to dramatically increase its international presence through a code-sharing partnership with Emirates Airline – meaning the airlines will sell each other’s flights as their own – that will launch in November.