United Airlines reported a decline in customer cancellations and a rise in demand for the rest of the second quarter.
The air carrier’s gross bookings fell more than -95% from a year ago in April, according to its filing with the Securities and Exchange Commission.
While customer cancellation rates touched record highs in April, United mentioned that as of May 18, the company has seen a reduction in customer cancellation rates and a “moderate improvement” in demand for domestic and some international routes for the remainder of the second quarter.
“The company plans to continue to proactively evaluate and cancel flights on a rolling 60-day basis until it sees signs of a recovery in demand,” United stated.