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United Airlines Expects to Return to Profitability in Q3 2021


United Airlines expects continued gains as more businesses return by end of summer and into 2022, with a full recovery in demand anticipated by 2023.
United Airlines announces second-quarter 2021 financial results.
United sees faster than expected revenue recovery.
Airline projects positive adjusted pre-tax income in second half of 2021.
United Airlines (UAL) today announced second-quarter 2021 financial results. The company now expects positive adjusted pre-tax income in the third and fourth quarters of 2021 as travel demand rebounds.
The company’s second quarter performance largely exceeded original expectations as international long haul and business travel accelerated even faster than anticipated, together with continued yield improvement. Looking ahead, the company expects continued gains as more businesses return by end of summer and into 2022, with a full recovery in demand anticipated by 2023. ....

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