United Airlines Reports Massive Losses
UNITED POSTS ANOTHER HUGE LOSS AFTER PANDEMIC GUTS DEMAND FOR AIR TRAVEL
(CNN) – United Airlines reported it lost $2.4 billion in the third quarter.
That’s slightly better than what the carrier posted in the second quarter.
United says it is ready to turn the page and prepare for a recovery.
The airline industry has faced a financial crisis because of the coronavirus pandemic.
United is the second U.S. carrier to report its third quarter financials.
On Tuesday, Delta announced a $2.1 billion operating loss.