United airlines still operating 24pc below pre-pandemic

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Scott Kirby ceo of United Airlines

United Airlines third-quarter results highlights include:

  • Top line revenue increased by 12.5pc year-over-year, marking a record revenue quarter.
  • Strong domestic demand contributed to the second-highest domestic revenues ever.
  • Close-in bookings in August and September were robust, and international profits reached record highs in both the Atlantic and Pacific regions.
  • The Atlantic region saw a 15pc increase compared to the same quarter in 2022, while Pacific revenue surpassed third-quarter 2019 levels.
  • Despite operating at 24pc below pre-pandemic capacity levels, United saw high demand for premium products, with premium economy revenue outpacing capacity growth.
  • Revenue from premium products rose by 20pc year-over-year.
  • New MileagePlus member sign-ups set a record for the third quarter, nearly double the number compared to five years ago.
  • United’s strategy to diversify revenue streams and capitalize on growth opportunities is paying off, according to CEO Scott Kirby.
  • The United Next strategy is on track to achieve financial targets
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