United Airlines Holdings Inc. reported a quarterly loss of $ 1 billion on Tuesday night, giving investors a look at finances completely ruined by the pandemic and near-halt of air travel. UAL united, + 2.28% He said he lost $ 1.6 billion, or $ 5.79 per share, in the second …
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Airline stocks suffered big losses on Monday, after data from the US Transportation Security Administration showed that travel demand declined last week to break a streak of 12-week increases from the bottom. of COVID-19 in mid-April. The drop in demand comes as the number of new cases of COVID-19 in …
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American Airlines AAL, -1.98% It has come under scrutiny for its decision not to block intermediate seats on flights in the name of preventing coronavirus transmission, but many other airlines have taken the same stance. The airline announced last week that starting Wednesday, July 1, it will resume booking flights …
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