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United Airlines (UAL) reported it swung to a profit in the first quarter as revenue hit a record high, sending shares surging in extended trading Tuesday.
United Airlines will cut its domestic flight schedule by 4% starting in July due to soft demand. It will also retire 21 older aircraft ahead of schedule and cut off-peak flights on low travel days.
CNBC's Phil LeBeau and Jeffrey Kleintop, Charles Schwab chief global investment strategist joins 'Closing Bell Overtime' to talk United Airlines earnings.
Shares of United Airlines Holdings Inc. rallied more than 6% in extended trading Tuesday after the airline presented investors with a cheery take on its latest quarter, saying that brand loyalty is a key competitive advantage amid economic uncertainty.
The airline posted adjusted per-share earnings of 91 cents, ahead of the 74 cents forecast by analysts.
United said international and premium-cabin revenue rose during the first quarter while domestic coach sales dropped. The carrier still beat earnings expectations for the period.
Q1 pre-tax margin up 4.9 points year-over-year, ahead of Wall Street consensus; up 3.6 points on an adjusted basis1 Q1 pre-tax margin expected to lead the industry as United continues to attract more brand-loyal customers, improve the customer experience and demonstrate the resiliency of the business Year-to-date2 repurchased $451 million of shares United expects resilient earnings in Q2 and full-year 20253 despite uncertain macroeconomic environment and is removing 4 points of scheduled domestic capacity starting in the third quarter 2025 Generated operating cash flow of $3.7 billion in the first quarter and over $10 billion in the last 12 months; Over $2 billion of free cash flow4 in the first quarter and over $5 billion in the last 12 months Delivered best first-quarter operational performance since 2021 CHICAGO , April 15, 2025 /PRNewswire/ -- United Airlines (UAL) today reported its best first-quarter financial results in the past five years, despite a challenging macroecono
Sheila Kahyaoglu, Jefferies airlines and defense analyst, joins 'The Exchange' to discuss news that China halts Boeing deliveries and her read on the airline sector.
China's top official in Hong Kong ripped "peasants in the United States" amid the ongoing trade war, appearing to take issue with JD Vance's past comments.
NEW YORK CITY, NY / ACCESS Newswire / April 15, 2025 / United Domestic Workers of America/AFSCME Local 3930,recentlydisclosed that it suffered a data breach that compromised the sensitive personal data of individuals. This data breach has led to concerns over the security of sensitive personal information entrusted to UDW.