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The USA: United Airlines seriously infected
The USA: United Airlines seriously infected; United Airlines speaks of the most difficult quarter in its 94-year company history
Yazar: Zack Smith
Yayınlanma: 23 Temmuz 2020 12:16
Güncellenme: 5 Kasım 2024 15:50
United Airlines speaks of the most difficult quarter in its 94-year company history, the bare figures are terrifying: In the past quarter, revenue collapsed by 87 percent. The bottom line is a loss of billions - and the airline loses millions every day.
The US airline United Airlines continued to be heavily impacted by the corona pandemic in the second quarter. Around $ 40 million was lost each day in the three months to late June; United said.
Overall, adjusted net income was negative at $ 2.6 billion. The airline had earned over a billion dollars last year. Revenue plunged 87 percent to $ 1.5 billion.
It was "the most difficult quarter in the company's 94-year history " said United Airlines. The corona crisis has almost brought air traffic to a standstill and has caused many airlines to face severe financial difficulties. After all; United now sees a slight recovery; in the current quarter, only around $ 25 million should be lost per day.
It was the "financially most difficult" quarter in the company's
The US airline United Airlines has recorded from April to June due to the global Corona restrictions a loss of 1.6 billion dollars (1.4 billion euros). It was the "financially most difficult" quarter in the company's 94-year history, it said. Revenue slumped 87 percent to $ 1.42 billion. The company then lost $ 40 million every day. However, United Airlines continues to hold $ 15 billion in reserves . The airline has received $ 25 billion in aid from the US government in light of the slump in passenger numbers. At the same time, United Airlines announced the layoff of up to 36,000 employees in October. You might also be interested in:Crisis Deepens in Airlines
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