United Airlines posts solid Q3 results

United Airlines has reported third quarter 2022 financial results that beat expectations on top-line operating revenue, unit costs and adjusted operating margin. As a result, United achieved operating revenue growth of 13.2% versus third quarter 2019, with a 25.5% TRASM improvement in the quarter versus 2019, while CASM-ex1 (cost per available seat mile) came in better than expected, resulting in 11.3% operating margin; 11.5% operating margin on an adjusted basis. United’s third quarter 2022 net income was $942 million, with total operating revenue of $12.9 billion, up 13.2% compared to third quarter 2019. Capacity reduced by 9.8% in the third