Airline

United losses $2 billion in Q1 launches rights offering 

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United losses $2 billion in Q1 launches rights offering 

United Airlines made a more than $2 billion loss in the first quarter, more than half of its entire 2019 profit as the COVID 19 pandemic destroys nearly all air travel demand. The Chicago-based carrier lost $2.1 billion before taxes during the three months ending in March. The result is the first re...

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