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United Airlines Closes 2020 with a US$7bn Negative Balance


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MIAMI – United Airlines (UA) closes 2020 with an overall loss of US$7bn, declaring a loss of US$1.9bn in Q4 and losing US$33m per day. As a result, the Chicago-based airline plans a US$2bn cut due to the crisis generated by the pandemic. A common theme, airlines around the world hope vaccinations will roll out […]

The post United Airlines Closes 2020 with a US$7bn Negative Balance appeared first on Airways Magazine.

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