United Airlines revenue tops estimates as travel rebounds

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Though United Airlines posts another quarterly loss, its adjusted operating revenue rises to $5.47 billion in April-June 2021, above analysts' average estimate of $5.35 billion.

has nearly recovered to pre-pandemic levels as more people fly for vacation or to visit friends and family following a massive nationwide vaccination campaign.

United's adjusted net loss narrowed to $1.26 billion, or $3.91 per share, in the quarter, from $2.6 billion, or $9.31 per share, a year ago. Analysts had estimated a loss of $3.94, according to IBES data from Refinitiv. US airlines have played down concerns over the impact of a resurgence in COVID-19, spurred by the more contagious Delta variant of the coronavirus, which has become dominant in the United States and many other nations.

 

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