United Airlines Holdings Inc

NASDAQ:UAL  
54.72
+1.67 (+3.15%)
5:24:20 PM EDT: $54.64 -0.08 (-0.15%)
Other Pre-Announcement

United Airlines Holdings Says Does Not Expect Linear Recovery From Covid-19

Published: 09/09/2020 12:44 GMT
United Airlines Holdings Inc (UAL) - United Airlines Holdings Inc - Does Not Currently Expect the Recovery From Covid-19 to Follow a Linear Path.
United Airlines Holdings Inc - Scheduled Capacity for Q3 Now Expected to Decrease About 70% Year-over-year.
United Airlines Holdings Inc - Now Expects Passenger Revenue to Be Down by About 85% in Q3.
United Airlines Holdings Inc - Plans to Continue to Proactively Evaluate and Cancel Flights on a Rolling 60-day Basis Until It Sees Signs of a Recovery in Demand.
United Airlines Holdings Inc - Continues to Expect Average Daily Cash Burn During Q3 to Be About $25 Million per Day.
United Airlines Holdings Inc - Also Continues to Expect Total Available Liquidity to Be Over $18 Billion at End of Q3.