United Airlines Holdings Inc.

Stormy skies lie ahead for airlines. United Airlines on Tuesday said it would trim more flying this quarter in response to stalling demand while cost-cutting efforts will reduce how much cash it burns moving into the fall as Covid-19 cases surge in many parts of the country. In the spring, United cut more flights than rivals such as Delta Air Lines Inc. and American Airlines Group Inc. as the pandemic sapped travel demand. United shares fell 4.2% Wednesday.

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