United has reduced planned domestic capacity by approximately 3 points in the fourth quarter.
The airline has reaffirmed its full year 2024 earnings per share guidance range of 9-11. United has been preparing for a shift in industry wide domestic capacity with airline cutting unprofitable routes. The inflection point is expected to occur in just 30 days.
CEO Scott Kirby said: “United has long been preparing for the moment when industry wide domestic capacity would adjust—it’s now clear that inflection point is just 30 days away.”
