United Airlines Warns Of Macro Risks
View Source | April 19, 2023 5:03 pm
- United Airlines Holdings Inc on Wednesday said macroeconomic risks have increased following turmoil in the banking industry last month that led to a sharp, brief drop in business travel demand.
- CEO Scott Kirby said while the company “feels good” about its full-year profit outlook, it stands ready to act if the economy softens further.
- United expects to return to profit in the second quarter and has forecast a four-fold jump in profit this year.
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