United Airlines warns profit still suffering from Newark chaos — but travel demand picking up
Share this @internewscast.com

United Airlines said Wednesday travel demand has picked up since the beginning of July, thanks to less geopolitical and macroeconomic uncertainty.

The Chicago-headquartered airline anticipates its profits will be impacted this quarter because of operating limitations at Newark airport close to New York City, which is one of its major hubs and among the country’s busiest.

United experienced a 6 percentage point boost in total travel demand, along with a significant rise in business reservations during the third quarter compared to the previous quarter.

Consequently, the airline now forecasts its adjusted annual earnings to be between $9 and $11 per share, contrasting with analysts’ predictions of $10.04 per share.

“The world is less uncertain today than it was during the first six months of 2025 and that gives us confidence about a strong finish to the year,” United CEO Scott Kirby said in a statement.

United’s shares were down 1.6% in after-hours trading as its third-quarter profit estimate came in below Wall Street estimates.

The company expects an adjusted profit in the range of $2.25 a share to $2.75 per share in the quarter to end-September. The midpoint of the forecast is $2.50 per share, compared with analysts’ average estimate of $2.60, according to LSEG data.

It estimates a hit of 0.9 percentage point in the third quarter, compared with a 1.2 percentage point impact in the second quarter, due to the operational issues at Newark airport.

In April, United took an unusual step of offering two different earnings forecasts as President Trump’s trade war dented consumer and business confidence, making it harder for carriers to predict their business.

Weak pricing power

Since then, industry executives say travel demand has stabilized. Passenger traffic in the US, however, is still down from a year ago, leading to a decline in airfares, government data shows.

The improvements in booking trends encouraged rival Delta Air Lines last week to reinstate its full-year profit outlook.

But the latest earnings reports show airlines are still grappling with weak pricing power. United’s yield, or average revenue earned from each paying passenger, was down in all geographies in the second quarter. The weakness was most pronounced in the US domestic market.

Echoing Delta, United said it expects the industry’s efforts to slash unprofitable flights to boost airfares in the second half of the year.

United’s second-quarter adjusted profit came in at $3.87 a share, topping analysts’ expectations of $3.81 a share.

The company will discuss its financial results on a call with analysts and investors on Thursday morning.

Share this @internewscast.com
You May Also Like
Leaked Emails Reveal Epstein's Surveillance Empire Ties

Exposed Emails Uncover Epstein’s Connections to a Spying Network

Newly leaked emails from former Israeli Prime Minister Ehud Barak expose Jeffrey…
What is SOS mode? Verizon outage leaves customers without service

Understanding SOS Mode: Verizon Outage Disrupts Service for Customers

Verizon says they’re aware of a “software issue impacting wireless service for…
Flesh-eating bacteria in Louisiana oysters kills 2

Two People Die from Flesh-Eating Bacteria Found in Louisiana Oysters

Health officials confirm 6 deaths and 34 infections from Vibrio vulnificus in…
Baby Emmanuel Haro timeline: How the search for a missing 7-month-old turned into an alleged murder

The Timeline of Baby Emmanuel Haro: From Missing Person to Alleged Murder Case

The intense search for a missing baby in Southern California has gained…
A walk through a Smithsonian museum reveals American genius and cruelty as Trump presses for change

Exploring a Smithsonian Museum Unveils American Innovation and Brutality Amid Trump’s Push for Change

WASHINGTON (AP) — Strolling through the heart of American heritage at the…
Things to do in Chicago area for fall, Halloween including pumpkin patches, Harry Potter experience, Six Flags Freight Fest

Explore Chicago This Fall: Pumpkin Patches, Halloween Thrills, Harry Potter Adventures, and Six Flags Fright Fest

CHICAGO (WLS) — As we cling to the last bits of summer,…
Israel eliminates Houthi prime minister in Yemen airstrike targeting senior government officials

Israel Airstrike in Yemen Targets and Kills Houthi Prime Minister and Top Officials

The Israel Defense Forces said on Saturday that it had killed the…
GCPD: Man arrested after shooting at officers multiple times at Brunswick motel

Police Arrest Man for Firing at Officers Several Times at a Brunswick Motel

The Glynn County Police Department said the man shot at officers who…
Mark Knoller, longtime CBS News White House reporter, dies at 73

Veteran CBS News White House Correspondent Mark Knoller Passes Away at 73

He was considered a “legend” among the White House corps for his…
A year after Hamas tunnel executions, Israel honors 'Beautiful Six' as hostage debate intensifies

One Year Later: Israel Commemorates the ‘Beautiful Six’ Executed by Hamas, Amid Ongoing Hostage Discussions

TEL AVIV, Israel — On Saturday, Israelis commemorated the one-year anniversary of…
I-95 southbound crash in St. Johns County leaves Jacksonville man injured

Jacksonville Man Injured in I-95 Southbound Accident in St. Johns County

The vehicle rotated counterclockwise and overturned on its passenger side, causing the…
Trump casts doubt on Putin-Zelensky meeting: 'Maybe they have to fight a little longer'

Trump Questions Possibility of Putin-Zelensky Meeting: ‘Perhaps They Need to Battle Longer’

(The Hill) — President Trump expressed skepticism about the likelihood of a…