The U.S. carrier said it expects to borrow up to about $4.5 billion from the U.S. Treasury Department for a term of up to five years. The pre-tax loss reflects $63 million of special charges, including a $50 million impairment for its routes in China, where the coronavirus first started to affect travel in January. Chicago-based United said it only plans to fly about 10% of its normal schedule in May and June. …read more
Source:: Yahoo Finance
