United Airlines Expects $2.1B Loss; Seeks $4.5B In Federal Loans

Credit: Nigel Howarth / Aviation Week
United Airlines warned of an estimated $2.1 billion pre-tax loss in the 2020 first quarter (Q1) and said it plans to seek up to $4.5 billion in additional loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The Chicago-based carrier’s anticipated Q1 pre-tax loss amounts to...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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