( ) -q-21- UNDATED (Correspondent Jeremy House) “prices from rising.” United Airlines has reported higher profit in the second quarter, thanks to record crowds at U.S. airports. [CutID: <Cuts> UNITED-AIR-PROFITS-house-q-THUam.mp3 Time: 21s Title: UNITED-AIR-PROFITS-house-q-THUam Out-cue: prices from rising] TAG: Correspondent Jeremy House reporting. Airlines are trimming their schedules for mid-August and beyond, which United says […]
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United Airlines Q2 profit rises to $1.32 billion amid travel demand
( ) -q-21- UNDATED (Correspondent Jeremy House) “prices from rising.”
United Airlines has reported higher profit in the second quarter, thanks to record crowds at U.S. airports.
[CutID: <Cuts> UNITED-AIR-PROFITS-house-q-THUam.mp3
Time: 21s
Title: UNITED-AIR-PROFITS-house-q-THUam
Out-cue: prices from rising]
TAG: Correspondent Jeremy House reporting. Airlines are trimming their schedules for mid-August and beyond, which United says will help reduce the oversupply of flights.
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VERBATIM: United said its profit rose 23% to $1.32 billion in the three-month period that ended June 30. However, the airline warned that its third-quarter results will fall short of Wall Street expectations. That’s because airlines are adding more flights than the market can handle, creating a glut of seats that is keeping prices from rising.