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United Airlines Posts Smaller-Than-Expected Loss, But Says Demand Remains ‘Strong’

Por: MarketWatch Business April 19, 2023

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Shares gained 1.8% in after-hours trading. United’s stock is up 14% year-to-date. Total operating revenue increased by 51.1% compared with the first quarter of 2022, and revenue per seat mile rose 22.5%, to $17.39. Capacity grew 23.4% in the first quarter compared with 2022. United’s average fuel price increased 15.6% to $3.33 per gallon. “We are watching the macroeconomic risks carefully, but demand remains strong, especially... + full article



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