POST Online Media Lite Edition


United Airlines defers long-haul A350 jets

Staff Writer |
United Airlines projected a slowdown in a benchmark financial gauge as trans-Pacific fares weaken, and the carrier delayed delivery of four Airbus SE long-haul jets earmarked for those routes.

Article continues below

Passenger revenue for each seat flown a mile could rise as much as 1 percent or fall by the same magnitude this quarter, United said in a statement Tuesday as it reported earnings.

That trailed a recent forecast by Delta Air Lines Inc., which predicted an increase of at least 2.5 percent.

United’s weaker outlook followed a second quarter in which United worked to recover from a public-relations fiasco after passenger David Dao was dragged from a plane in Chicago, suffering a broken nose and other injuries.

The airline is also contending with financial pressure from a seat glut on routes to Asia, which is weighing on the financial forecast.

What to read next

United Airlines orders $2.9 billion worth planes from Embraer
Ryanair website to sell Air Europa long haul flights
Hainan Airlines to buy 30 Boeing 787-9 for $7.7 billion