United sees a clear path to recovery despite first quarter loss

In its first quarter results report, United Airlines (UAL) says that it focused on returning to positive adjusted EBITDA margins, “even if business and long-haul international demand remain as much as 70% below 2019 levels”. United states that it is “already moving to capitalize on emerging pent-up demand for travel to countries where vaccinated travelers are welcome”. The company announced new international flying to Greece, Iceland and Croatia on the same day, subject to government approval. Starting in July, United will offer new direct flights from Newark Liberty International Airport to Dubrovnik, Croatia, from Washington Dulles International Airport to Athens,