- Citing the improvement in airline traffic in the U.S., United Airlines Holdings ( NASDAQ: UAL ) now expects 3Q22 total operating revenue to be up around 12% vs. 3Q19 and prior outlook of +11%.
- The consensus growth for revenue is 62.78% Y/Y .
- Q3 capacity is trending higher than originally expected and is now expected to be down 10% to 11% vs. 3Q19.
- The company now expects CASM-ex to be up around 16% vs. 3Q19.
- Adjusted operating margin is expected to improve to approximately 10.5% vs. prior outlook of 10%.
- Read the recent analysis on the stock here .
- Also read: Airline traffic in U.S. tops holiday weekend pre-pandemic level for first time
For further details see:
United Airlines Holdings sees ~12% revenue growth in Q3 vs. pre pandemic levels