Tag: languish

United warns travel demand will languish until COVID-19 vaccine

By Tracy Rucinski

CHICAGO (Reuters) – United Airlines Holdings Inc warned on Tuesday that travel demand will remain suppressed until there is a widely accepted treatment or vaccine for COVID-19, which plunged the carrier to a deep quarterly loss on Tuesday.

Coronavirus infections are surging in the United States, causing some states to scale back reopening plans and reinstate quarantines in a fresh blow to airlines.

United, which is not blocking middle seats, plans to fly about 35% of its 2019 summer schedule in the third quarter and is forecasting a load factor of about 45% in July. Its planes

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