United Airlines with higher sales than before the Crown crisis

Thanks to ongoing good deals, United Airlines expects higher operating margin than the first time since the outbreak of the corona pandemic

Operating margin is expected to be around ten percent in the fourth quarter and thus higher than in 2019, the airline announced Tuesday evening in Chicago. United Airlines is expected to continue to benefit from strong revenue development, higher revenue per available kilometer and further cost savings.

In terms of earnings per share, the group is aiming for a value of between two US dollars and 2.25 US dollars in the fourth quarter. This is far more than the experts previously expected.

For the first time since the beginning of 2020, United Airlines has dared to make a forecast for the current quarter. The group had suspended him at the start of the corona pandemic. Recovery from the Crown crisis should therefore continue to overshadow the consequences of economic problems such as high inflation.

In the third quarter, United Airlines was able to increase significantly thanks to the high demand for holiday travel. Total sales were $ 12.9 billion. This was not only significantly more than a year ago, but also more than 2019, even though the number of passengers was ten percent lower than the value three years ago. However, as kerosene spending increased significantly on the cost side, profits fell 8% to $ 942 million.