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21-Jan-2021 12:17 PM

United Airlines expecting capacity to be down at least 51% in 1Q2021

United Airlines provided (20-Jan-2021) the following outlook for 1Q2021:

Total operating revenue expected to be down 65% to 70% year-on-year;
Accelerated distribution of the COVID-19 vaccine may lead to faster improvement, however, the company is not including this potential improvement in its revenue outlook;
Capacity expected to be down at least 51%
Available liquidity expected to be similar to year end 2020 available liquidity of around USD19.7 billion. [more - original PR]

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