United posts $646M loss as omicron casts shadow - Fox Business

Market data provided by Factset.

Mutual Fund and ETF data provided by Refinitiv Lipper.

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

Mutual Fund and ETF data provided by Refinitiv Lipper