Southwest Airlines to slash more than 300 jobs

United Airlines (UAL) is slashing more than 400 jobs from its 737 MAX jetliner fleet after a joint venture with British aviation company Virgin Atlantic (VIA) agreed to acquire American Airlines’ (AAL) JetNet business.

United will cut the number of 737 MAX flights a week from around 100 to around 50 from July 15 to July 31, the airline said on Monday.

The decision was a response to a series of recent delays at the JetNet site, which was scheduled to begin operating in the second half of next year, the company said in a statement.

United also said it is shutting down a 737 MAX business in New York and a new one in Washington, D.C.

The decision comes on the heels of United’s decision in February to acquire Continental Airlines, which will be renamed United Continental.

Continental, which also operates the Boeing 737 MAX, is the largest commercial airline in the world, and United plans to sell that stake to a private equity firm.