11-Oct-2017 10:01 AM
United Airlines outlines guidance for 3Q2017 financials
United Airlines stated (10-Oct-2017) it expects consolidated capacity to increase 3% year-on-year in 3Q2017, at the "low end" of its revised guidance range. The carrier also anticipates reporting a pre-tax margin of 10% to 10.5%. Consolidated completion factor was down 1.6 points due to the impact of severe storms throughout the system in 3Q2017, while consolidated passenger unit revenue is also expected to decrease 3.5% to 4% in 3Q2017. [more - original PR]