{"id":8843,"date":"2020-10-15T01:36:42","date_gmt":"2020-10-15T06:36:42","guid":{"rendered":"http:\/\/planesintheair.com\/?p=8843"},"modified":"2020-10-15T01:38:29","modified_gmt":"2020-10-15T06:38:29","slug":"united-airlines-third-quarter-q3-sales-drop-78","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=8843","title":{"rendered":"United Airlines Third Quarter Q3 Sales Drop 78%"},"content":{"rendered":"\n
\"\"
A pilot walks by United Airlines planes at the San Francisco International Airport in April.
\u00a0GETTY IMAGES<\/strong><\/figcaption><\/figure>\n\n\n\n

United Airlines Holdings Inc. stock (Nasdaq: UAL<\/a>) fell late Wednesday after the airline reported a 78% drop in quarterly sales as the pandemic continued to crimp air travel.<\/p>\n\n\n\n

United\u00a0said it lost $1.8 billion, or $6.33 a share, in the third quarter, contrasting with earnings of $1 billion, or $3.99 a share, in the year-ago quarter.<\/p>\n\n\n\n

Related:<\/strong> American Airlines downgrade, Delta\u2019s weak third quarter weigh on airline stocks<\/a><\/p>\n\n\n\n

Adjusted for one-time items, United lost $8.16 a share, versus an adjusted profit of $4.07 a share a year ago.<\/p>\n\n\n\n

Total revenue dropped to $2.49 billion from $11.38 billion a year ago.\u00a0 Passenger revenue dropped 84% to $1.7 billion.<\/p>\n\n\n\n

Click the below link to see the full story!<\/p>\n\n\n\n

https:\/\/www.marketwatch.com\/story\/united-airlines-q3-sales-drop-78-11602708906?siteid=yhoof2&yptr=yahoo<\/a><\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

United Airlines Holdings Inc. stock fell late Wednesday after the airline reported a 78% drop in quarterly sales as the pandemic continued to <\/p>\n","protected":false},"author":1,"featured_media":8845,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10174,797,89,5637,8222,10701,10700,10339,5992,5670,2203,4957,5676,10169,10176,1397,10173,10195,10171,868,10182,1103],"tags":[1011,2071,539,118,116,1966,3251,160,11052,10634,3932,246,4006,6789,12744,12743,2514,2366,807,4561,928,540,3952,2370,412,10938,1685,12742,1323,12741,1326,959,4716,4240,1978,1249,101,3668,3654,1691,1658,1916,628,444,9916],"class_list":["post-8843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-airline","category-airline-news","category-aviation-news","category-business-news","category-consumer-news","category-coronavirus","category-covid-19","category-e-commerce","category-economic-news","category-economy-news","category-finance-news","category-global-politics","category-international-news","category-news","category-stock-news-2","category-stock-news","category-stockairline","category-transport","category-transportation","category-transportation-news","category-travel","category-travel-news","tag-act","tag-adjusted","tag-air","tag-airlines","tag-american","tag-analyst","tag-analysts","tag-aviation","tag-cares","tag-covid-19","tag-crisis","tag-delta","tag-drop","tag-dropped","tag-executed","tag-factset","tag-financial","tag-history","tag-holdings","tag-large","tag-legacy","tag-lines","tag-lost","tag-nasdaq","tag-news","tag-pandemic","tag-passenger","tag-polled","tag-profit","tag-q3","tag-quarter","tag-quarterly","tag-relief","tag-reported","tag-revenue","tag-sales","tag-stock","tag-strategy","tag-third","tag-transport","tag-transportation","tag-travel","tag-ual","tag-united","tag-worst"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/8843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8843"}],"version-history":[{"count":1,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/8843\/revisions"}],"predecessor-version":[{"id":8846,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/8843\/revisions\/8846"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/media\/8845"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}