Skip to Content
AP National Business

United posts $473 million 3Q profit on federal pandemic aid

KVIA
By
Published 2:48 PM

By DAVID KOENIG
AP Airlines Writer

United Airlines is reporting a $473 million profit for the third quarter, which covers much of the peak summer travel season. United owes the profit to more than $1 billion in federal pandemic aid that helped the airline cover wages and benefits for employees. Airlines say bookings slowed when the delta variant led to more cases of COVID-19 toward the end of summer. But Chicago-based United says bookings have started to stabilize now that coronavirus cases are coming down. The airline predicts fourth-quarter revenue will be 25% to 30% lower than during the same period of 2019.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content