United sees profit on horizon despite renewed virus fear

Bloomberg

United Airlines Holdings Inc. is confident that a domestic travel resurgence will continue despite rising coronavirus infections, leading the carrier to forecast profits for the rest of this year
“We don’t just see the light at the end of the tunnel, we’re exiting the tunnel,” Chief Executive Officer Scott Kirby said on an earnings call, citing robust demand.
“It’s possible we’ll have a temporary pullback in the
reopening” as infections climb, he said. But since
studies indicate that vaccinations protect against serious health problems, “that
seems like a lower probability outcome.”

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