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United Airlines swings to $ 1.7 billion loss in first quarter as bookings disappeared in coronavirus pandemic – CNBC, CNBC

United Airlines swings to $ 1.7 billion loss in first quarter as bookings disappeared in coronavirus pandemic – CNBC, CNBC

A United Airlines plane prepares to take off at the Benito Juarez International airport in Mexico City, on March 20, 2020.Pedro Pardo | AFP | Getty ImagesUnited Airlines Thursday posted its biggest quarterly loss since 2008 after the coronavirus devastated travel demand. The Chicago-based airline and its competitors are facing a 95% decline in U.S. air travel, just as…

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