United Airlines Holdings raised its full-year profit forecast Wednesday after posting its highest-ever quarterly profit of $1.1 billion on the back of booming demand for international travel.
United’s sales increased 17% to $14.2 billion over the same period in 2022, exceeding the forecast of $13.9 billion.
→ United introduces new First Class seat for domestic flights
In the second quarter, international passenger revenue accounted for about 41% of the airline’s total revenue.
To capitalize on demand for international travel, United announced earlier this week a second expansion of its Pacific network this fall with new flights to Manila, Hong Kong, Taipei and Tokyo.
For the third quarter, the airline forecasts year-over-year revenue growth of 10% to 13%, with capacity growth of 16%. It forecasts adjusted earnings of $3.85 to $4.35 per share for the quarter.
Related Topics
LATAM Inaugurates Direct Flight Between Recife and Buenos Aires
LATAM to Cancel Lima-Tucuman Route Starting March 2026: These Are Reasons
Copa Airlines Resumes Flights Between Panama City and Maracaibo Starting December 20
Copa Airlines Extends Suspension of Flights to and from Caracas (Venezuela) Until January
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.