United preps new debt issuance

For the first quarter of 2021, United Airlines says that it expects to report total revenues of $3.2 billion, a decrease of (66%) versus the first quarter of 2019 and at the favourable end of previous guidance of a decrease of (65%) to (70%) versus the first quarter of 2019. Average daily core cash flow (or core cash burn) for the first quarter of 2021 is expected to be approximately negative $9 million per day, an improvement of about $10 million per day compared to the negative average daily core cash flow (or core cash burn) reported for the fourth