United Airlines (UAL) Tops Q2 EPS by 32c, Offers Outlook
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United Releases Second-Quarter Financial Results; Expects Profitability* in the Third Quarter and Beyond
July 20, 2021 4:30 PM EDTCHICAGO, July 20, 2021 /PRNewswire/ -- United Airlines (UAL) today announced second-quarter 2021 financial results. The company now expects positive adjusted pre-tax income¹ in the third and fourth quarters of 2021 as travel demand rebounds.
The company's second quarter performance largely exceeded original expectations as international long haul and business travel accelerated even faster than anticipated, together with continued yield improvement. Looking ahead, the company expects continued gains as more businesses return by end of summer and into 2022, with a full recovery in demand anticipated by 2023.
"Thanks to the professionalism and perseverance of the United... More
