United Airlines sees first-quarter revenue falling 66% vs 2019

FILE PHOTO: A United Airlines Boeing 737-800 sits at a gate after arriving at O’Hare International Airport in Chicago, Illinois, U.S., June 5, 2019. REUTERS/Kamil Krzaczynski/File Photo

(Reuters) – United Airlines said on Monday its first-quarter revenue is expected to fall 66% compared with the same period in 2019, with the decline near the low end of its prior forecast.

The U.S. carrier, which had previously forecast its first-quarter revenue to drop between 65% and 70%, now expects revenue of $3.2 billion. (bit.ly/3t79pIq)

Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel

source: reuters.com