United Airlines posts $2.1 billion loss on coronavirus hit, seeks more federal aid

Earnings

A United Airlines Holdings Inc. employee waits for a traveler at San Francisco International Airport in San Francisco, California, U.S., on Thursday, April 2, 2020.

David Paul Morris | Bloomberg | Getty Images

United Airlines on Monday reported a $2.1 billion loss for first quarter as the coronavirus pandemic drove travel demand down to the lowest level in decades.

The Chicago-based airline said has applied for up to $4.5 billion in government loans on top of about $5 billion federal payroll grants and loans it also expects to receive to weather the crisis.

This is breaking news. Check back for updates.

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