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UNITED POSTS RECORD REVENUE AS FUEL COSTS SURGE

UNITED POSTS RECORD REVENUE AS FUEL COSTS SURGE

United Airlines reported record third-quarter revenue of $17.9 billion, up 17% from a year earlier, even as fuel expenses jumped 62% over the same period. Adjusted diluted earnings per share landed at $2.54, within the carrier's own guidance despite that fuel hit. The results show $UAL absorbing one of its most expensive fuel quarters on record without losing its grip on fares, a sign that pricing power, not oil prices, is still setting the pace for airline profits.

@55 Markets·55m ago·Source: SEC
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UNITED POSTS RECORD REVENUE AS FUEL COSTS SURGE | @55 Markets