United, predicting a rebound in travel, buys 25 Boeing 737 Max jets ktvz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktvz.com Daily Mail and Mail on Sunday newspapers.
United Sinks as Airline Says It Can’t Predict Rebound Timing
Bloomberg 1/21/2021 Justin Bachman
(Bloomberg) United Airlines Holdings Inc. sank after saying it couldn’t predict when a demand rebound would improve results, a cautious outlook that contrasted with Delta Air Lines Inc.’s forecast last week that it would break even on a cash-flow basis in the second quarter.
This year will serve as a “transition” after the collapse in travel caused by the coronavirus pandemic, United said as it reported fourth-quarter earnings. While pent-up demand will spur more leisure bookings later this year, United declined to bet on a specific timetable.
United Airlines sees strong international profits once borders reopen theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ United Airlines today announced that the carrier has named Doreen Burse senior vice president of Worldwide Sales. Burse brings to the company.