Both American Airlines and United Airlines said they would reverse layoffs if US government comes up with more relief.
United Airlines said on Wednesday its total revenue dropped 78 percent in the third quarter, slowing from a near 87 percent plunge in the previous quarter as demand for air travel gradually recovered from the coronavirus crisis.
The airline’s daily cash burn fell to $25m on average in the quarter ended September, from $40m in the second quarter, and included $4m per day in severance and debt payments.
United said its quarterly adjusted loss was $2.37bn, or $8.16 per share, compared with adjusted net income of $1bn, or $4.07 per share, a year earlier.
The company reported revenue of $2.49bn and said it had liquidity of $19.4bn as of the end of the third quarter.