United Airlines sees return to profit on 'strong' international travel demand

In a statement, the airline said bookings for international travel are growing at twice the domestic rate

Apr 19, 2023

Airlines are enjoying robust consumer demand in spite of growing risks of an economic recession. This has allowed them to mitigate rising labor and fuel bills with higher ticket prices.

Key takeaways

  • Some analysts are not sure the travel boom will last for long;
  • United last month spooked investors with a profit warning, stoking worries about the industry's pricing power;
  • United's aggressive earnings forecast has been premised on additions of new aircraft to the company's fleet, despite Boeing's manufacturing problem with its 737 MAX jet.

Get the full story at Reuters

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