United Airlines says it made $1 billion in the second quarter ...

[Auggie]

and sees strong remainder of 2023

AP / July 19, 2023

United Airlines said Wednesday it earned more than $1 billion in the second quarter despite canceling 3,800 flights in the last two weeks of June, when it struggled to recover from storms that crippled its key operation in the New York City area.

United indicated that it sees no let-up in strong demand for tickets: It raised its forecast of third-quarter and full-year profit.

The report underscores how airline revenue and profits are soaring as travel bounces back after the pandemic. Big carriers like United are benefitting especially from the strong recovery in international travel after the lifting of COVID-19-related restrictions. Last week, Delta reported record quarterly revenue and profit.

From April through June, more than 2.4 million travelers per day on average went through U.S. airport security checkpoints, virtually identical with numbers from the same period of 2019 and a 10% jump from last year.

MORE: https://apnews.com/article/united-airlines-profit-travel-a499c45f793adf7ffb429d245a106055

[Aristus]

1. But still not enough to start paying the flight attendants until hatches-locked, huh?

Why there aren't guillotines in the streets is a mystery to me.

[jimfields33]

2. How much goes towards the debt they racked up during Covid.

I bet they owe a lot of debt. It will take a decade before airlines are whole again.

[jimfields33]

3. My neighbor was an airline flight attendant from American

She retired 20 years ago. The hatch closed has been that way since she started in 1962. They tell them while in school so they are aware. The flight attendants want 90 bucks an hour. My neighbor finished at 50 bucks an hour. 40 bucks more twenty years later seems reasonable.