Most airlines could be bankrupt by May. Governments will have to help [CNNMoney.com]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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Source: CNNMoney.com
Most airlines could be bankrupt by May. Governments will have to help London (CNN Business) Global aviation is shutting down in response to the coronavirus outbreak and many airlines will need government bailouts within weeks or face bankruptcy. Airlines across the world are grounding planes, laying off workers and scrambling to preserve cash as measures to contain the outbreak prompt flight bans and wipe out global travel demand. According to CAPA Centre for Aviation, a consultancy, most airlines in the world will be bankrupt by the end of May. "Coordinated government and industry action is needed — now — if catastrophe is to be avoided," the firm said in a report published Monday. "Cash reserves are running down quickly as fleets are grounded, and what flights there are operate much less than half full," it added. The scale of the deepening crisis was underscored Monday when Europe's biggest low-cost carrier, Ryanair ( RYAAY ) , said that it will ground mos
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UAL
News
- Is United Airlines (UAL) Stock Outpacing Its Transportation Peers This Year? [Yahoo! Finance]Yahoo! Finance
- With A Return On Equity Of 24%, Has United Airlines Holdings, Inc.'s (NASDAQ:UAL) Management Done Well? [Yahoo! Finance]Yahoo! Finance
- US Fuel Groups Warn of Higher Prices Without Credit Guidance [Yahoo! Finance Canada]Yahoo! Finance Canada
- CEO of failed supersonic plane startup on what went wrong — and how other companies might find success [Business Insider]Business Insider
- Nez Perce County commits $500,000 to subsidize United Airlines flights between Lewiston-Denver [Yahoo! Finance]Yahoo! Finance
UAL
Earnings
- 10/15/24 - Beat
UAL
Sec Filings
- 11/5/24 - Form 4
- 11/1/24 - Form 144
- 10/21/24 - Form 4
- UAL's page on the SEC website