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Bloomberg
United Airlines Holdings sees even stronger travel demand this summer, with second-quarter passenger revenue increasing as much as 25% over the 2019 level, the airline said.
United told investors last month it would return to profitability in the second quarter with the aid of record sales, spurred by strong recovery for summer travel.
Chicago-based United also affirmed a 10% operating margin for the second quarter. United shares rose as much as 4.4% to $45.46 after the close of regular trading in New York.
United also said its jet fuel costs also continue to rise, with the company planning to pay $4.02 a gallon, up from $3.43 just weeks ago.
Less than a month ago, United forecast passenger revenue to be about 17% above the same period of 2019, owing to the strong demand and capacity that remains roughly 14% below pre-pandemic levels.
The company was expected to present at a Bank of America investor conference.