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United Airlines loses $1.4B in 1Q, but expects profit in 2Q

FILE - Passengers queue up to check in at the counter for United Airlines Monday, Jan. 3, 2022, in the main terminal of Denver International Airport in Denver. United Airlines says it lost $1.38 billion in the first quarter of 2022 but it expects to return to profitability in the current three-month period as post-pandemic travel ramps back up. The Chicago-based airline said Wednesday, April 20, it had operating revenues of $7.57 billion in the quarter, which was down 21% from the first quarter of 2019. (AP Photo/David Zalubowski, File) FILE - Company logo adorns the tail of a United Airlines jetliner being prepared for departure at Eppley Airfield on Oct. 6, 2021, in Omaha, Neb. United Airlines says it lost $1.38 billion in the first quarter of 2022 but it expects to return to profitability in the current three-month period as post-pandemic travel ramps back up. The Chicago-based airline said Wednesday, April 20, 2022, it had operating revenues of $7.57 billion in the quarter, which was down 21% from the first quarter of 2019. (AP Photo/David Zalubowski, File)
United Airlines loses $1.4B in 1Q, but expects profit in 2Q