This is a developing story. Check back for updates.United Airlines announced a net loss of $1.6 billion in the second quarter as the COVID-19 pandemic decimated air travel demand.
The loss came as the airline collected just $1.4 billion in revenue, an 87.1% drop over the same quarter in 2019, with capacity falling 87.8%. However, there was a somewhat bright spot in the airline's announcement: things were not nearly as bad as they could have been. Delta Air Lines — the only other airline to have announced its second quarter performance — reported a net loss of $5.7 billion for the quarter.Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.Get your weekly recap of all things electric vehicles, airlines, and more. Sign up for our Shifting Gears newsletter now.
Bummer... :-( UnitedCustomer
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