The third-largest U.S. carrier’s seat count will fall an estimated 1.5% in the current quarter because of Harvey. (AP Photo/David J. Phillip, FIle)

Updated 1:25 p.m. ET

(Bloomberg) – United Continental Holdings Inc. is likely to take at least a $265 million financial hit from Hurricane Harvey because of the carrier’s reliance on Houston as one of its biggest hubs, an airline analyst said.

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