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United Takes $2.1 Billion Loss for First Quarter

United Airlines is reporting a $2.1 billion loss in the first quarter, the airline’s largest since the 2008 financial crisis.

As the coronavirus outbreak has canceled travel plans around the world, the airline has applied for up to $4.5 billion in government loans in addition to $5 billion in federal payroll grants and loans United expects to receive, according to a report on CNBC.

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