United Airlines Loses $1.4 Billion in 1Q, but Expects Profit in 2Q

Company logo adorns the tail of a United Airlines jetliner being prepared for departure at Eppley Airfield in Omaha, Neb., on Oct. 6, 2021. David Zalubowski/AP Photo

CHICAGO—United Airlines reported Wednesday that it lost $1.38 billion in the first quarter of 2022 but said it expects to return to profitability in the current three-month period as post-pandemic travel ramps back up.

The Chicago-based airline posted revenue of $7.67 billion in the quarter that ended March 31. That was down 21 percent from the first quarter of 2019.