United Airlines Holdings Inc warned on Thursday its third-quarter revenue and capacity would take a hit from weaker travel demand due to a rise in COVID-19 cases fuelled by the Delta variant.
United expects revenue to fall 33 per cent compared to the same period in 2019 and capacity to decline at least 28 per cent, more than the 26 per cent fall forecast earlier.
The airline expects to post an adjusted pre-tax loss in the third quarter while it had previously forecast adjusted pre-tax income of $82-million.
United said it could incur adjusted pre-tax loss in the fourth quarter as well, if the demand slowdown continued.
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