United now expects to earn between $9 and $11 a share this year, down from a forecast earlier this year of between $11.50 and $13.50 a share. The airline’s third-quarter forecast was within the range of analysts’ expectations. United said it expects constraints at its Newark Liberty International Airport hub to continue to hit its pretax margins. A United Airlines Boeing 757 departs from Los Angeles International Airport en route to New York on Sept. 19, 2024. Kevin Carter | Getty Images
United Airlines‘ second-quarter earnings beat estimates and its CEO said travel demand is picking up after a rocky start to 2025.
Travel demand, particularly from more price-sensitive customers for domestic flights, had come in weaker than airline executives expected at the start the year, sending airfares lower.
“The world is less uncertain today than