United Airways sees first-quarter income falling 66% By Reuters

© Reuters. FILE PHOTO: United Airways first new livery Boeing 737-800 sits at a gate O’Hare Worldwide Airport in Chicago (Reuters) -United Airways stated it expects first-quarter income to drop by 66%, which is close to the decrease finish of its prior forecast, buoyed by bettering demand for home journey. The corporate stated it now



© Reuters. FILE PHOTO: United Airways first new livery Boeing 737-800 sits at a gate O’Hare Worldwide Airport in Chicago

(Reuters) -United Airways stated it expects first-quarter income to drop by 66%, which is close to the decrease finish of its prior forecast, buoyed by bettering demand for home journey.

The corporate stated it now expects first-quarter income to fall 66% to $3.2 billion from the identical interval in 2019. It had beforehand forecast a drop of between 65% and 70%. (https://

The airline stated its common every day money burn for the quarter is anticipated to be about $9 million per day, an enchancment of about $10 million in comparison with the fourth quarter of 2020.

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