United airlines holdings posts quarterly loss per share of $5.79
Qtrly adjusted net loss of $2.6 billion.in q3 2020 company expects consolidated system capacity to be down 65% versus q3 2019.expects demand to remain suppressed until availability of a widely accepted treatment and/or vaccine for covid-19.qtrly adjusted loss per share $9.31.qtrly loss per share $5.79.qtrly total operating revenue $1,475 million versus $11,402 million.expecting a july load factor of 45%, with less than 15% of flights with more than 70% of seats filled..united airlines -during quarter recorded impairment charges of $80 million for its china routes.full-year 2020 adjusted capital expenditures now expected to be approximately $3.7 billion.in q3 2020 company expects consolidated system capacity to be down 65% versus q3 2019.united airlines - offered employees comprehensive voluntary separation packages, with over 6,000 employees opting to participate.qtrly gaap cost per available seat mile (casm) 34.72 cents versus 13.56 cents.united airlines holdings - qtrly casm, excluding special charges, third-party business expenses, fuel, and profit sharing 47.56 cents versus 9.93 cents.united airlines - special credit of $1.45 billion recorded in quarter.united airlines holdings - qtrly cosolidated passenger load factor 33.1% versus 86.0%.q2 earnings per share view $-9.02, revenue view $1.32 billion -- refinitiv ibes data.
UAL Ratings Summary
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