United Airlines Launches $1.5 Billion Share Buyback Amid Strong Earnings
United Airlines has announced a $1.5 billion share buyback program, marking its first since the Covid-19 pandemic. This decision follows a strong third-quarter earnings report, with earnings per share exceeding expectations. The airline anticipates increased adjusted earnings for Q4 2024, reflecting its recovery strategy and commitment to balancing shareholder returns with investments in its workforce. As the airline industry witnesses similar trends, United Airlines is poised for continued growth and success.
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…