Premium’s Strength, Domestic Weakness and 3 Other Takeaways From United’s Earnings


Skift Take

United executives shared a rosy outlook for the quarter, stressing the strength of its international demand and brand loyalty.

United Airlines reported an upbeat first quarter, despite ongoing economic uncertainty related to an escalating trade war and mass layoffs within the federal government. 

The carrier posted $13.2 billion in revenue and a net income of $387 million. However, United did something unusual — instead of pulling its 2025 guidance like Delta Air Lines, the company released a split forecast. One forecast reaffirmed United’s 2025 outlook and the other provided a set of projections in the event of a recession. 

If there’s a recession, United said it expected a 5-point decrease in operating revenue for the year and adjusted earnings per share to slide down to a range of $7 to $9. 

But, executives provided a relatively rosy outlook in a call with analysts Wednesday morning. 

“Regardless of the economic path ahead, we expect our financial results to be resilient. We believe that the long-term earnings power of our company