United Airlines forecast a first-quarter loss, citing weaker demand early in the year and higher fuel costs.
The carrier expects an adjusted quarterly loss of between 60 cents and $1 per share, down from its previous projections of adjusted earnings of between 50 cents and $1 per share for the first three months of the year.
As travelers return to more traditional booking patterns, such as traveling close to holidays and other popular vacation periods, second-quarter revenue will likely be higher than United previously expected with operating revenue up in the "mid-teens" over last year, the company said., on an adjusted basis.
The Chicago-based carrier is scheduled to present at a JP Morgan industry conference on Tuesday along with other airlines including
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Stocks making the biggest moves after hours: Gitlab, United Airlines, First Republic Bank and moreThese are the stocks posting the largest moves in extended trading.
Leer más »
United Airlines flight from Guatemala diverted to Bush IAH due to medical, technical emergencies, official saysA United Airlines flight traveling from Guatemala was diverted to Houston Saturday evening due to some sort of medical and technical emergencies, an airport official said.
Leer más »
United flight headed to Chicago diverts to Bush Airport for medical emergencyA United Airlines flight headed from Guatemala City to Chicago made an unplanned stop at...
Leer más »
NASCAR Cup Series Phoenix odds, picks and predictions: Who will win United Rentals Work United 500?FrontPageBets takes a look at some best bets and drivers to watch as the NASCAR Cup Series heads Phoenix Raceway.
Leer más »
William Byron wins United Rentals Work United 500 in PhoenixIt was a classic case of deja vu in the desert after Hendrick Motorsports continued to assert their dominance over the competition.
Leer más »
Biden administration wants Congress to bar airlines from charging family seating feesThe Biden administration on Monday asked U.S. lawmakers to approve legislation to bar airlines from charging family seating fees if adjacent seats are available during booking. U.S. Transportation Secretary (USDOT) Pete Buttigieg wrote lawmakers and sent them draft legislation that would ban airlines from charging an accompanying adult to sit next to children 13 or younger if certain conditions are met. Buttigieg wrote USDOT 'remains concerned that airlines' policies do not guarantee adjacent seats for young children traveling with a family member and that airlines do not guarantee the adjacent seating at no additional cost.'
Leer más »