United Airlines sees $2.1-billion loss as coronavirus hits LatAm growth hopes, seeks more federal aid [Toronto Globe and Mail (Ontario, Canada)]
United Airlines Holdings, Inc. (UAL)
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Source: Toronto Globe and Mail
United Airlines sees first-quarter $2.1-billion pre-tax loss as coronavirus hits LatAm investments United Airlines passenger jets taxi with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. on Dec. 6, 2019. The airline said it only plans to fly about 10% of its normal schedule in May and June. CHRIS HELGREN/Reuters United Airlines passenger jets taxi with New York City as a backdrop, at Newark Liberty International Airport, New Jersey, U.S. on Dec. 6, 2019. The airline said it only plans to fly about 10% of its normal schedule in May and June. United Airlines said on Monday it expects to report a pretax loss of about $2.1 billion for the first quarter, hurt by a precipitous drop in travel demand from the coronavirus outbreak which has weighed on its investments in Latin America. The loss includes just over $1 billion in special charges, mainly reflecting a reserve on a loan United made in connection with an investment in Colombia’s Avianca Holdi
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Earnings
- 1/20/26 - Beat
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Sec Filings
- 4/7/26 - Form ARS
- 4/7/26 - Form DEFA14A
- 4/7/26 - Form DEF
- UAL's page on the SEC website