United Airlines says it lost $7.1 bn in 2020 on Covid-19 hit
New York: United Airlines on Wednesday reported it took a hefty loss in 2020 following the devastating hit Covid-19 did to travel, but the carrier eyed a partial recovery in 2021.
United reported an annual loss of $7.1 billion compared with profits of $3.0 billion in 2019. The big US carrier said it expects 2021 to be a “transition” year thanks to coronavirus vaccines as it pledged to exceed pre-Covid profit margins by 2023.
