A passenger plane from United Airlines Boeing 767 approaches the Newark Liberty International Airport while trucks travel near the Port Jersey container terminal in Jersey City, New Jersey, on April 8, 2025.
Charly triballeau | AFP | Getty images
United Airlines He maintained his prognosis of the whole year on Tuesday, but took an unusual step to offer a second prognosis if the United States got into a recession, qualifying the economy “impossible to predict.” Anyway, expect earnings.
The carrier warned along with his earnings from the first quarter that a recession could generate profits this year, but said the reserve trends are stable.
The company left expectations instead issued in January for earnings adjusted per share of $ 11.50 to $ 13.50, but said that in a recession, it would expect to win between $ 7 per share and $ 9 per action in a adjusted manner.
“The company’s perspective depends on the macro environment that the company believes that it is impossible to predict this year with any degree of confidence,” he said in a presentation of values.
United Airlines said Tuesday that he plans to reduce flights from this summer to match the disappointing demand for national trips, while reserves for more expensive international trips remain strong. The operator plans to cut the national capacity by approximately 4% from the third quarter. Rival Delta airlines He is also slowing down his growth plans this year.
The CEO of United Airlines, Scott Kirby, said the airline “will continue to execute our several years that has allowed United to prosper in any demand environment.”
“It has given us the leading margins in the industry in the good times and we hope to expand our leadership even more in challenging economic times,” he said in a profit statement.
For the first quarter, United Airlines increased a gain of $ 387 million, or $ 1.16 per share, of a loss of $ 124 million, or a loss of 38 cents per share, a year earlier. The adjusted profits of 91 cents per share, which exclude unique profits related to the sale of aircraft sale, exceeded the expectations of Wall Street of 76 cents per action.
The income of the National Flight Unit fell 3.9% from last year during the first quarter, while sales of international routes units increased more than 5%. The revenues of $ 13.21 billion increased more than 5% compared to the previous year, and arrived slightly below the $ 13.26 billion that analysts expected, according to LSE. The capacity increased almost 5% from the first quarter of 2024.
The actions of United Airlines rose more than 5% in the negotiation outside time.
Future reserves in the last two weeks have been stable, the company said, adding that premium cabin reserves increased 17% from the same point last year and international reserves have increased by 5%, although the carrier did not provide a figure on the national demand for coaches.
United Airlines said he hopes to publish tight profits from the second quarter per share of $ 3.25 to $ 4.25, in line with estimates, citing a strong demand for reserves of premium cabins and international trips.
This is what United Airlines reported for the quarter that ended on March 31 compared to what Wall Street expected, based on estimates compiled by LSEG:
- Profit per action: 91 tight cents compared to 76 expected cents
- Revenue: $ 13.21 billion compared to $ 13.26 billion expected
The last trend shows how profitable airlines, such as United and Delta, are capitalizing on the demand of travelers willing to pay more for the most expensive seats and other high -end products, even when economic concerns weigh on the feeling of the consumer in the midst of the commercial war of President Donald Trump, the layoffs of the mass government and other factors.
Delta last week said he could not reaffirm his prospect of the whole year, citing uncertainty in the market.
