United Airlines Reports Strong Second Quarter Profits Despite Lower Third-Quarter Forecast
United Airlines reports a significant jump in profit for the second quarter, driven by strong international travel demand. Despite falling short of third-quarter expectations, the airline exceeded second-quarter earnings estimates. United and Delta Air Lines have expanded international offerings and premium services to attract travelers. CEO Scott Kirby anticipates a moderation in supply by mid-August to address oversupply in the market.
United Airlines Reports Fourth-Quarter Earnings Exceeding Expectations
United Airlines Holdings Inc. (UAL) has reported fourth-quarter earnings of $600 million, exceeding Wall Street expectations. The Chicago-based company announced that it had net income of $1.81 per share, with adjusted earnings of $2 per share, surpassing the average estimate…