Reported about 6 hours ago
United Airlines has forecasted a stronger-than-expected profit for the current quarter, thanks to robust travel demand and improved pricing power. Following its fourth-quarter earnings that surpassed Wall Street expectations, the company saw a 4% rise in its stock during after-hours trading. With a notable increase in sales of premium and basic economy seats, and an anticipated doubling of pre-tax margins by 2025, United Airlines expects to report adjusted profits of $11.50 to $13.50 per share for the full year.
Source: YAHOO