The United Airlines Boeing 767 passenger Aircraft is approaching the Newark Liberty international airport when trucks travel near the Jersey Port container terminal at Jersey City, New Jersey, April 8, 2025.
Charly Triballeau AFP Getty images
United Airlines He maintained his full year forecast on Tuesday, but he undertook an unusual stage of offering the second forecast if the US fell into a recession, calling the economy “impossible to predict”. Either way, he expects him to make a profit.
The carrier warned along with earnings in the first quarter that the recession could reduce the profits this year, but said that reservation trends are stable.
The company left expectations issued in January for the corrected profit per share of USD 11.50 to USD 13.50, but said that in the recession he would expect that he earned from 7 to USD 9 per share on the basis of the corrected.
“The company's prospects depend on the macro environment, which according to the company is impossible to predict this year with any degree of trust,” he said in the application of securities.
United Airlines said on Tuesday that he is planning to cut flights starting this summer to adapt to the disappointing national demand during the booking more expensive international trips stay strong. The carrier plans to limit the domestic capacity by about 4%, starting from the third quarter. Compete Delta aircraft It also slows down his development plans this year.
Scott Kirby, general director of United Airlines, said that the airline “will continue to implement our many years of plan that allowed United to develop in every demand environment.”
“This gave us margins leading in the industry in good times and we expect further extension of our leader in difficult economic times,” he said in release from earnings.
In the first quarter, United Airlines fell to $ 387 million, i.e. $ 1.16 per share, from a loss of USD 124 million or a loss of 38 cents per share, a year earlier. Corrected earnings of 91 cents per share, which exclude one -off profits related to the leasing of aircraft sales, overtook Wall Street expectations of 76 cents per share.
Revenues from national flight units fell by 3.9% compared to last year in the first quarter, and unit sales from international routes increased by over 5%. According to LSEG, revenues of $ 13.21 billion increased by more than 5% compared to the year of the year and fell just below $ 13.26 billion. The capacity increased by almost 5% from the first quarter of 2024.
United Airlines shares increased by more than 5% in trade after hours.
The company said that in the last two weeks in the last two weeks they have been stable, adding that premium-cabin reservations have increased by 17% compared to the same point last year, and international reservations increased by 5%, although the carrier did not provide the number of domestic demand of trainers.
United Airlines said that he expected the profit corrected in the second quarter per share of USD 3.25 to USD 4.25, according to estimates, citing a high demand for premium-cabin and international travel reservations.
Here's what United Airlines reports in the quarter, which ended on March 31 compared to the expectations of Wall Street, based on estimates developed by LSEG:
- Profit per share: 91 corrected cents vs. 76 expected cents
- Income: $ 13.21 billion vs. $ 13.26 billion was expected
The latest trend shows how profitable airlines, such as United and Delta, use the demand from travelers who want to pay more for more expensive fines and other higher -class products, even in the case of economic fears regarding consumer moods among the commercial war of President Donald Trump, government release and other factors.
Delta said that last week He could not confirm His year -round perspectives, citing uncertainty on the market.