United Airlines loses $1.6 billion in 'most difficult financial quarter' in its history
United Airlines announced on Tuesday that it lost $1.6 billion in its second quarter, an 87 percent drop from a year earlier, due to the coronavirus pandemic limiting travel.
The airline said this was "the most difficult financial quarter in its 94-year history." For the same quarter in 2019, United posted a $1.05 billion profit.
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