United Air Holds Out Hope for Summer Travel on Vaccine Progress
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United Airlines Holdings Inc. predicted that sales will rebound next summer as vaccines take hold, even as the company echoed rivals in warning that surging coronavirus cases have caused near-term demand to weaken over the past month.
Bookings for the third quarter of 2021, the heart of the airline industry’s peak season, will only be 40% below pre-pandemic levels, United said Friday in a regulatory filing. By comparison, the carrier expects a 70% decrease this month and next.