United Airlines forecasts its strong Latin American performance will continue in 3Q2014

United Airlines has a bullish outlook for its Latin American markets in 3Q2014 after recording favourable results in that region in 2Q2014 as its rivals American and Delta, battled soft corporate demand during that period driven by the FIFA World Cup soccer tournament.

But American has also cited capacity oversupply between the US and Latin America, and has opted to cut its supply for 2H2014 to improve its results in the region.

For the moment United has a more positive view of its prospects for Latin America, driven by its hub at Houston Intercontinental, which is the airline's major gateway to the region. One advantage for United is that it is partially shielded from economies within Latin America that have grown weaker during 2014. This should bode well for its results in the region for the remainder of the year.