United cuts third-quarter capacity, revenue forecasts

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Go back to United cuts third-quarter capacity, revenue forecasts

United Airlines (UAL) says scheduled capacity for Q3 is now expected to decrease approximately 70% year-over-year

September 9, 2020 7:38 AM EDT

United Airlines (NASDAQ: UAL) disclosed:

United Airlines, Inc. (United), a wholly-owned subsidiary of United Airlines Holdings, Inc. (UAL and, together with United, the Company), continues to see a significant impact in demand for air travel. In the last two weeks, ending September 7, 2020, there has been a moderate improvement in bookings for leisure travel in the domestic United States and certain short-haul destinations in Latin America and the Caribbean.

The Company does not currently... More