United airlines holdings says does not expect linear recovery from covid-19

United airlines holdings inc - does not currently expect the recovery from covid-19 to follow a linear path.united airlines holdings inc - scheduled capacity for q3 now expected to decrease about 70% year-over-year.united airlines holdings inc - now expects passenger revenue to be down by about 85% in q3.united airlines holdings inc - plans to continue to proactively evaluate and cancel flights on a rolling 60-day basis until it sees signs of a recovery in demand.united airlines holdings inc - continues to expect average daily cash burn during q3 to be about $25 million per day.united airlines holdings inc - also continues to expect total available liquidity to be over $18 billion at end of q3.
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