Donnerstag, 30. April 2020

United Airlines swings to $1.7 billion loss in first quarter as bookings disappeared in coronavirus pandemic – CNBC

United stated it swung to a $1.7 billion loss in the three months ended March 31, from a $292 million revenue in the same period of 2019. U.S. airlines previously this month reach agreements for portions of $25 billion in payroll assistance from the federal government. It likewise used for a federal loan and it anticipates to borrow as much as $4.5 billion.

United stated it swung to a $1.7 billion loss in the 3 months ended March 31, from a $292 million revenue in the same duration of 2019. United has actually likewise encouraged employees to take voluntary overdue leaves and more than 20,000 United employees took that option. U.S. airline companies earlier this month reach contracts for parts of $25 billion in payroll help from the federal government. It also used for a federal loan and it expects to obtain as much as $4.5 billion.



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