United Airlines posts quarterly loss, shores up $9.6 billion in liquidity [Reuters]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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Source: Reuters
United Airlines posts quarterly loss, shores up $9.6 billion in liquidity (Reuters) - United Airlines Holdings Inc on Thursday posted a first-quarter loss of $1.7 billion, including charges against investments in Latin America that have soured as the coronavirus pandemic jolts travel industries worldwide. Airlines including United have parked jets and slashed flight schedules as demand has virtually vanished due to the pandemic, forcing them to suspend growth plans and shift their focus to saving cash. Chicago-based United said it had $9.6 billion in liquidity as of April 29, up from $7.2 billion at the end of March, and that its cash burn would range between $40 million and $45 million per day in the second quarter. United is set to receive $5 billion in payroll aid under the Coronavirus Aid, Relief, and Economic Security (CARES) Act and will likely decide in the third quarter whether to tap a $4.5 billion loan under the same package. The terms of the payroll aid bar airlines from cu
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UAL
Earnings
- 10/15/25 - Beat
UAL
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 144
- 10/16/25 - Form 10-Q
- UAL's page on the SEC website