United Airlines Reports $2.4 Billion Loss for Q1

Carrier Plans to Continue Polaris and United Club Upgrades

By Paul Riegler on 19 April 2021
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United Airlines announced financial results for first quarter of 2021.

The airline posted$2.4 billion adjusted net loss for the first quarter, on revenue of $3.2 billion, down 66% year-over-year. United cited higher fuel costs and continued weak demand amidst the coronavirus pandemic.

“We’re poised to emerge from this pandemic with a future that is brighter than ever,” said Scott Kirby, the airline’s CEO.

The airline, Kirby said, now sees “a clear path to profitability,” citing pent-up travel demand that built up during as a result of multiple lockdowns across the globe.

United said it plans to continue the retrofit of United Polaris business-class suites on narrow-body aircraft such as Boeing 757s.  It also plans to upgrade and expand United Club airport lounges at two of its key hubs, Newark Liberty International and Denver International airports.

(Photo: Accura Media Group)

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