United Airlines Sees Winter Travel Boom as Profits Soar
Skift Take
Winter travel ranging from popular ski destinations in the U.S. to southern Europe are some of the reasons why United’s profits surged.
United Airlines reported upbeat fourth-quarter earnings, largely thanks to an uptick in winter travel and sustained demand for premium seating.
The carrier reported revenues of $14.7 billion and a profit of $985 million, a 64% increase from the same time last year, for the fourth quarter.
Revenues for premium products were up 10%; corporate revenues up 7%; and basic economy revenues were up 20%. Larger airlines