Analysts are worried about a softening U.S. market but United isn’t seeing it yet. Profits in the Atlantic and Pacific regions reached “record highs.”
United Airlines’ revenue in the third quarter rose 12.5% with domestic demand remaining strong despite analysts looking toward signs of a softening U.S. market.
United reported a “strong and steady domestic demand environment,” with domestic revenue growth up 8.7%. “Domestic revenues in the quarter were second highest all-time and the domestic system remains solidly profitable.”
The airline’s international passenger revenues were up 23.6%, with profits in the Atlantic and Pacific regions reaching “record highs.”