United Airlines is setting a trend for Aviation with Record Profits

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The friendly Skies may soon also become the happy skies for United Airlines shareholders. The Airline announced a record profit.

The Airline Pilots Association is hosting an informational picket with pilots from United Airlines and other commercial airline passenger carriers.

United Airlines Pilots are at San Francisco International Airport to show support and solidarity in the hopes of coming to a fair contract agreement.

They say that they’ll be standing shoulder to shoulder until an agreement is reached.

While United Pilots together with pilots from other airlines belonging to the Airline Pilot Association are hosting this informational picket at San Francisco International Airport, the carrier announced an $843 Million profit for the recent quarter.

This was made official after the stock market closed yesterday.

Full flights mean high demand. High airfares mean more revenue per seat for an airline. If United and other airlines can keep this up while increasing frequencies and adding other profitable international and national routes, this is a sure winner.

In today’s Breaking News Show, Dr. Peter Tarlow, who is also a 1K elite flyer on United asked why some of this money was not invested in more quality service, such as better food.

United indicated it was seeing strong demand also for the rest of 2023, but it needed the additional revenue to cover expected increases in labor costs.

United Airlines along with analysts’ evaluations see the profit increasing even more.

The success of United Airlines was expected to repeat for competitors, including Delta and American Airlines.

Airlines see the increase in demand, and the profitable trend should continue despite layoffs in tech companies, such as Microsoft, despite inflation, and despite the ongoing global security and health crisis.

About the author

Avatar of Juergen T Steinmetz

Juergen T Steinmetz

Juergen Thomas Steinmetz has continuously worked in the travel and tourism industry since he was a teenager in Germany (1977).
He founded eTurboNews in 1999 as the first online newsletter for the global travel tourism industry.

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