United Airlines says air travel demand improving

(Reuters) – United Airlines Holdings Inc said on Tuesday it has seen a moderate improvement in demand for air travel so far in May in the United States and some international markets, as well as a reduction in cancellation rates.

The U.S. carrier said it expects July capacity to fall 75% from a year earlier, compared with an about 90% decline in May and June capacity.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Shinjini Ganguli)