6 days ago
United Lowers Profit Forecast Despite Less Economic and Geopolitical Uncertainty
There were some bright spots in the report, including higher revenue from premium passengers. But the Newark Airport issues still linger and the focus will be on the overall drop in the earnings outlook.
United Airlines is lowering its profit forecast for 2025, but noted that it is seeing travel demand pick up in the second half of the year following concerns that economic uncertainty would slow the industry's momentum.
United now expects earnings per share for the year to range from $9 to $11, down from the previous forecast of $11.50 to $13.50 in a "stable" economic environment. Last quarter, United
