United Q2 revenue improves on forecast

admin
By admin July 10, 2014 14:39

United Q2 revenue improves on forecast

United Continental Holdings has released its results for Q2 that indicate revenue per seat mile rose by 3.5%, which is higher than its forecast of between 1% and 3% for the period.

Following the announcement, United shares rose 6.7% to $42.75 in extended trading.

Deutsche Bank analyst Michael Linenberg commented on the results, saying: “Is United management being too conservative given some of its revenue misses over the past several quarters? Or is the company facing some unique headwinds?”

Linenberg commented that the company was potentially being cautious as it adjusted its revenue management practices and held back seats to capture more profitable, late-booking passengers.

admin
By admin July 10, 2014 14:39
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Funited-q2-revenue-improves-on-forecast%2F"> registered </a> users can comment.