UNITED

UNITED had $1.4b net loss in 1Q21 (vs $1.7b loss in 1Q20) on 60% lower revenues and ended quarter with $21b liquidity; its average core cash burn was $9m per day vs $19m per day in 4Q20. It anticipates rebounding demand will drive profitability.

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Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.