United Airlines is set to decrease its domestic flight capacity by 4% beginning in July, responding to weakened travel demand. The airline also plans to retire 21 aging aircraft ahead of schedule and cut back on off-peak flights, all while grappling with economic uncertainty exacerbated by government trade policies. United proposed two financial outlook scenarios for the year based on differing macroeconomic conditions, projecting profit of up to $13.50 per share under stable circumstances, or significantly less during a recession, a sharp contrast to Delta's recent outlook adjustments due to similar economic factors.
United Airlines will cut its domestic flight schedule by 4% starting in July due to softer travel demand, reflecting broader concerns in the airline industry about economic uncertainty.
The company anticipates a potential earnings range of $13.50 per share in a stable economic scenario, contrasting sharply with half of that figure in a recession.
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