United posts $646M loss as omicron casts shadow - Fox Business
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The airline said it expects its first-quarter revenue will be down 20% to 25% from the same period in 2019.The airline had once hoped to operate 5% more flights than it did in 2019, but now expects to fly less this year than it did before the pandemic.
United’s fourth-quarter loss compared with a loss of $1.9 billion a year ago and profit of $641 million in the fourth quarter of 2019.The airline finished the year with 84,100 employees, down from 95,900 at the end of 2019.Market data provided by Factset
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