by Amruth Sundarkumar | Jan 18, 2023 | Corporates
United Airlines have forecasted at least a 4x jump in its full year profit for 2023 after reporting its 4Q 2022 earnings. The air carrier reported a $2.52/share adjusted profit last year and a Q4 profit of $2.46/share beating analysts’ expectations of...
by Amruth Sundarkumar | Oct 19, 2022 | Corporates, High Yield Bonds
United Airlines’ bonds have trended upwards this week with the company releasing its Q3 2022 financial results yesterday, that beat analysts expectations all around. Its Q3 adjusted earnings and revenue were $2.81 per share and $12.9bn respectively, beating market...
by Amruth Sundarkumar | Aug 31, 2022 | Corporates, Global
United Airlines and Emirates Airlines are set to enter into a codeshare agreement pending government approvals over the next few weeks, as per Reuters sources. The codeshare agreement is likely to help United Airlines compete better for travelers flying to the Gulf...
by Amruth Sundarkumar | Jul 21, 2022 | Corporates, Investment Grade Bonds
United Airlines delivered its first profitable quarter since the pandemic began, posting a net income of $329mn vs a net loss of $434mn in the same period last year. Its operating revenues also increased 6% to $12.1bn vs $11.4bn in Q2 2019, achieving the highest Q2...
by Amruth Sundarkumar | Apr 21, 2022 | Corporates
United Airlines (UAL) announced that it expects to return to profitability in Q2 2022 on a strong operating revenue outlook, including total revenue per available seat mile (TRASM) of approximately 17% over 2019, the strongest Q2 revenue guidance in the company’s...
