United Airlines Holdings (UAL.O) on Tuesday forecast weaker fourth-quarter earnings due to higher costs, sending its shares down more than 4%.
The One World trace Center and the New York skyline are seen while United Airlines planes use the tarmac at Newark Liberty International Airport in Newark, New Jersey, U.S., May 12, 2023. REUTERS/Eduardo Munoz/File PhotoThe Chicago-based carrier estimated an adjusted profit of $1.50-$1.80 per share in the quarter through December, below the $2.06 expected by analysts in a LSEG survey and lower than $2.46 per share a year ago.
United, which has the biggest exposure to Israel among the U.S. carriers, has suspended flights to Tel Aviv "until conditions allow them to resume." In the December quarter, Israel accounted for 1.9% of its planned global capacity, a Reuters analysis of Cirium data showed.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
United Airlines issues new boarding policy – and it’s a perk for middle seat flyersThe airline's new policy will go into effect on Oct. 26.
Lire la suite »
United Airlines Reports Earnings Today. What to Expect.The company will begin a flurry of earnings in the sector after Delta kicked things off last week.
Lire la suite »
United Airlines earnings in focus as Delta sees more travel demand, higher fuel costsRecord summer travel figures are likely to boost profits for United Airlines, but surging fuel costs could clip it bottom line heading into the final months of the year.
Lire la suite »
Stocks edge lower, retail sales on deck, Goldman Sachs, United Airlines, Johnson & Johnson earningsStocks lower, retail sales, Goldman Sachs, United Airlines, Johnson & Johnson
Lire la suite »
United Airlines' stock falls after bleak outlook for end of the yearUnited guided for lower profits at the end of the year, depending on how long flights to Tel Aviv will be suspended
Lire la suite »
United Airlines says pricier fuel, war in Middle East will weigh on profitsUnited said higher fuel costs and its halt of service to and from Tel Aviv will cut into its bottom line in the last three months of the year.
Lire la suite »